Riley Exploration Permian, Inc. 10-K

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Shares of our common stock are listed on the NYSE American under the symbol "REPX". There were approximately 234 holders of record of our common stock as of February 28, 2025. Dividends The Company declared quarterly dividends totaling approximately $31.0 million and $27.9 million for the years ended December 31, 2024, and 2023, respectively. The cash dividends were declared for all issued and outstanding common shares including unvested restricted stock issued under the Company's Amended and Restated 2021 Long-Term Incentive Plan. The decision to pay any future dividends is solely within the discretion of, and subject to approval by, our Board. Our Board's determination of any such dividends, including the record date, the payment date and the actual amount of the dividend, will depend upon our profitability and financial condition, contractual restrictions, restrictions imposed by applicable law and other factors that the Board deems relevant at the time of such determination. The Company's Credit Facility and Senior Notes can limit the dividends the Company is able to pay unless the Company meets certain covenants in accordance with our credit agreement and the terms of the Senior Notes. Outstanding Equity Awards Plan Category Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights Weighted Average Exercise Price of Outstanding Options, Warrants and Rights Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (excluding securities in Column (a)) (a) (b) (c) Equity Compensation Plans Approved by Security Holders — — 920,951 Equity Compensation Plans Not Approved by Security Holders — — — Total — — 920,951 Unregistered Sales of Equity Securities None. Issuer Repurchases of Equity Securities Our common stock repurchase activity during the fourth quarter of 2024 was as follows: Month Ended Total Number of Shares Purchased (1) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plan or Programs Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plan or Programs October 31 51,434 $ 26.32 — — November 30 151 $ 29.61 — — December 31 — $ — — — _____________________ (1) These amounts reflect the shares received by us from employees for the payment of personal income tax withholding on vesting transactions. The acquisition of the surrendered shares was not part of a publicly announced program to repurchase shares of our common stock. Any shares repurchased by the Company for personal tax withholdings are immediately retired upon repurchase. 59 Table of Contents Item 6. Selected Financial Data [Reserved]