Riley Exploration Permian Accepts Resignation of Director Michael McKinney

Riley Exploration Permian Inc. reported that independent director Michael McKinney resigned from the board and all associated committees effective May 12 2026.

The company disclosed the departure in an 8-K filed with the SEC on May 13 2026. McKinney had served as a member of the audit committee and the compensation committee. The filing lists no cause for the resignation and states that it was not the result of any disagreement with the company on any matter relating to the company’s operations, policies or practices.

Prior to the resignation the board had seven directors. The departure reduces that number to six and leaves both the audit and compensation committees with one fewer member. The company must now decide whether to fill the vacancy through appointment or to operate with the reduced board size until the next annual meeting.

Any new director would require nomination under the company’s bylaws and satisfaction of Nasdaq independence and committee-membership standards.

The change triggers standard follow-on obligations. Riley Exploration Permian must update its committee charters and board composition disclosures in its next proxy statement or Form 10-K. If the board determines a replacement is required before the 2027 annual meeting it will file a separate 8-K announcing the election and any committee assignments.

The company listed the resignation letter as an exhibit to the May 13 filing.

Item 5.07 of the same 8-K also reported results of the annual meeting of stockholders held on the same day though specific vote tallies were not detailed in the summary data. Item 9.01 furnished the resignation letter and other exhibits required under the form.

This marks the first change to Riley Exploration Permian’s board composition reported in a Form 8-K since the company’s most recent proxy statement. Public companies must report director departures or elections on Form 8-K within four business days under Item 5.02. The filing satisfies that deadline.