ESOPMay 13, 2026, 04:32 PM
Riley Permian Amends Incentive Plan, Adds 2.8M Shares
AI Summary
Riley Exploration Permian, Inc. stockholders approved the Second Amended and Restated 2021 Long Term Incentive Plan at the Annual Meeting on May 12, 2026. This amendment increased the aggregate number of shares available for issuance under the plan by 2,800,000, bringing the total to 5,137,022 shares. Additionally, stockholders elected all seven director nominees, ratified the appointment of BDO USA, P.C. as the independent registered public accounting firm for 2026, and provided advisory approval for the compensation of the Named Executive Officers.
Key Highlights
- Stockholders approved the Second Amended and Restated 2021 Long Term Incentive Plan.
- Aggregate shares available for issuance under the plan increased by 2,800,000 to 5,137,022.
- All seven director nominees were elected to serve a one-year term.
- The appointment of BDO USA, P.C. as independent auditors for 2026 was ratified.
- Advisory approval of the compensation for Named Executive Officers was granted.
Price Impact
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