Vitesse Energy (VTS) interim CEO logs stock grant and open-market sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vitesse Energy, Inc. President & Interim CEO Brian Cree reported a mix of stock awards and sales. On March 26, 2026, he received 54,166 restricted stock units, each representing a contingent right to one common share, vesting in equal installments on June 30, 2026 and December 31, 2026, subject to continued employment.
He then completed open-market sales of 70,142 shares of common stock at an average price of $18.65 on March 30, 2026 and 50,000 shares at an average price of $18.51 on March 31, 2026, executed across multiple trades within narrow price ranges. After these transactions, he directly holds 392,967 common shares, remaining a significant shareholder.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 120,142 shares ($2,233,648)
Net Sell
3 txns
Insider
Cree Brian
Role
President & Interim CEO
Sold
120,142 shs ($2.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $18.51 | $926K |
| Sale | Common Stock | 70,142 | $18.65 | $1.31M |
| Grant/Award | Common Stock | 54,166 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 392,967 shares (Direct)
Footnotes (1)
- Represents unvested restricted stock units, each of which represents a contingent right to receive one share of common stock. The restricted stock units vest in equal installments on June 30, 2026 and December 31, 2026, subject to the Reporting Person's continued employment with the Registrant. The previously granted restricted stock units have been accelerated to also vest in equal installments on June 30, 2026 and December 31, 2026, subject to the Reporting Person's continued employment with the Registrant. For further detail, see "Offer Letter, dated as of March 26, 2026, between Vitesse Energy, Inc. and Brian J. Cree." which was filed as Exhibit 10.3 to Vitesse Energy Inc.'s Form 8-K filed with the Securities and Exchange Commission on March 26, 2026. The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.88, 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 sold at each separate price within the range set forth in this footnote to the Form 4. The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.56, 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 sold at each separate price within the range set forth in this footnote to the Form 4.
Key Figures
Shares sold March 30, 2026: 70,142 shares at $18.65
Shares sold March 31, 2026: 50,000 shares at $18.51
Restricted stock units granted: 54,166 units
+2 more
5 metrics
Shares sold March 30, 2026
70,142 shares at $18.65
Open-market sale of common stock
Shares sold March 31, 2026
50,000 shares at $18.51
Open-market sale of common stock
Restricted stock units granted
54,166 units
Grant on March 26, 2026, vesting in 2026
Total shares sold in period
120,142 shares
Net shares sold across two open-market transactions
Shares held after transactions
392,967 shares
Direct ownership after reported March 2026 trades
Key Terms
restricted stock units, contingent right to receive one share of common stock, open-market sale, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Represents unvested restricted stock units, each of which represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
average price financial
"The price reported in Column 4 is an average price."
FAQ
What insider transactions did Vitesse Energy (VTS) interim CEO Brian Cree report?
Brian Cree reported one stock award and two stock sales. He received 54,166 restricted stock units on March 26, 2026, then sold 70,142 shares on March 30 and 50,000 shares on March 31 in open-market transactions at average prices near $18.50 per share.
What stock award did Brian Cree receive from Vitesse Energy (VTS)?
Brian Cree received 54,166 restricted stock units representing contingent rights to common shares. These units vest in equal installments on June 30, 2026 and December 31, 2026, subject to his continued employment, and include previously granted units whose vesting was accelerated to those same dates.
Were Brian Cree’s Vitesse Energy (VTS) stock sales single trades or multiple transactions?
The reported stock sales were executed as multiple transactions. For each sale date, the average sale price reflects numerous individual trades, with prices ranging from $18.50 to $18.88 on one day and $18.50 to $18.56 on the other, according to the filing’s footnotes.
When do Brian Cree’s Vitesse Energy (VTS) restricted stock units vest?
The restricted stock units granted to Brian Cree vest in two equal tranches. Vesting occurs on June 30, 2026 and December 31, 2026, provided he remains employed with Vitesse Energy. Previously granted restricted stock units were also adjusted to vest on these same dates.