Vitesse director buys 40,882 shares in market
Vitesse Energy, Inc. director Joseph S. Steinberg reported an open-market purchase of 40,882 shares of common stock at an average price of $16.157 per share on June 15, 2026.
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Form Type
4
Rhea-AI Filing Summary
Vitesse Energy, Inc. director Joseph S. Steinberg reported an open-market purchase of 40,882 shares of common stock at an average price of $16.157 per share on June 15, 2026. Following this transaction, he holds 108,500 shares directly.
In addition to his direct holdings, the filing lists indirect ownership of Vitesse shares through various trusts and corporations, including a discretionary trust, a spouse’s trust, childrens’ trusts, a family trust and corporations owned by the reporting person. The filing states that Steinberg disclaims beneficial ownership of the portion of indirectly held shares exceeding his proportionate pecuniary interest.
Insider Trade Summary
Net Buyer: 40,882 shares
Net Buy
7 txns
Insider
STEINBERG JOSEPH S
Role
Director
Bought
40,882 shs ($661K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 40,882 | $16.157 | $661K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,500 shares (Direct);
Common Stock — 1,852,977 shares (Indirect, See Footnotes);
Common Stock — 505,402 shares (Indirect, By Reporting Person's Trust);
Common Stock — 185,706 shares (Indirect, By Family Trust);
Common Stock — 102,861 shares (Indirect, By Childrens' Trusts);
Common Stock — 12,589 shares (Indirect, By Reporting Person's Spouse's Trust);
Common Stock — 6,480 shares (Indirect, By Discretionary Trust)
Footnotes (3)
- F1. The price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $16.030 to $16.305, inclusive. The reporting person undertakes to provide Vitesse Energy, Inc., any security holder of Vitesse Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to the Form 4.
- F2. Shares held by corporations owned by the Reporting Person.
- F3. The Reporting Person disclaims beneficial ownership of the portion of shares held indirectly in excess of his proportionate pecuniary interest in those shares.
Key Figures
Shares purchased: 40,882 shares
Average purchase price: $16.157 per share
Direct holdings after transaction: 108,500 shares
+5 more
8 metrics
Shares purchased
40,882 shares
Open-market purchase of common stock on June 15, 2026
Average purchase price
$16.157 per share
Average across multiple trades between $16.030 and $16.305
Direct holdings after transaction
108,500 shares
Common stock held directly by Joseph S. Steinberg
Discretionary trust holdings
6,480 shares
Common stock held indirectly by discretionary trust
Spouse’s trust holdings
12,589 shares
Common stock held indirectly by reporting person’s spouse’s trust
Childrens’ trusts holdings
102,861 shares
Common stock held indirectly by childrens’ trusts
Family trust holdings
185,706 shares
Common stock held indirectly by family trust
Other indirect holdings
1,852,977 shares
Common stock held indirectly as described in footnotes
Key Terms
open-market purchase, beneficial ownership, pecuniary interest, discretionary trust, +1 more
5 terms
open-market purchase financial
"reported an open-market purchase of 40,882 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficial ownership financial
"disclaims beneficial ownership of the portion of shares held indirectly"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"in excess of his proportionate pecuniary interest in those shares"
discretionary trust financial
"nature_of_ownership: By Discretionary Trust"
Form 4 regulatory
"within the range set forth in this footnote to the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vitesse Energy (VTS) director Joseph S. Steinberg report?
Joseph S. Steinberg reported an open-market purchase of 40,882 Vitesse Energy (VTS) common shares at an average price of $16.157 on June 15, 2026. This filing reflects a direct increase in his personally held Vitesse common stock position.
What indirect Vitesse Energy (VTS) holdings are reported for Joseph S. Steinberg?
The filing lists indirect holdings of Vitesse Energy (VTS) common stock through a discretionary trust, a spouse’s trust, childrens’ trusts, a family trust, and corporations owned by him. Each entry includes a separate share balance following the reported date.
Does Joseph S. Steinberg claim full beneficial ownership of all indirectly held Vitesse (VTS) shares?
No. A footnote states Steinberg disclaims beneficial ownership of the portion of indirectly held Vitesse (VTS) shares that exceeds his proportionate pecuniary interest. This clarifies that some reported indirect holdings may not represent his full economic exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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