---
schema_version: "secwatch.filing_event.v1"
accession: "0001001614-25-000015"
form_type: "8-K"
ticker: "REPX"
cik: "0001001614"
company_name: "Riley Exploration Permian, Inc."
filed_at: "2025-03-26T23:59:59+00:00"
generated_at: "2026-05-24T04:42:21.463336+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Riley Exploration Permian approves 2025 STIP, LTI awards, and amended employment agreements for CEO/CFO

## Summary
- CEO Bobby D. Riley: STIP target 100% of base salary; LTI of 33,679 performance shares and 78,584 time-based restricted shares.
- CFO Philip Riley: STIP target 80% of base salary; LTI of 15,252 performance shares and 35,588 time-based restricted shares.
- Performance-based shares vest after 3 years based on total shareholder return vs. peer group; payout ranges 0%-200% of target.
- Amended employment agreements effective April 8, 2025; 2-year initial term with automatic renewal, revised severance and change-in-control terms.
- Time-based restricted shares vest ratably over 3 years; all awards granted under the Amended 2021 Long Term Incentive Plan.

## SEC filing metadata
- accession: 0001001614-25-000015
- form_type: 8-K
- ticker: REPX
- cik: 0001001614
- company_name: Riley Exploration Permian, Inc.
- filed_at: 2025-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001614/000100161425000015/0001001614-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001614/000100161425000015/repx-20250324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001001614-25-000015
- JSON: https://secwatch.observer/filing/0001001614-25-000015.json
- Plain text: https://secwatch.observer/filing/0001001614-25-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.