Vitesse director gets 7,066 restricted stock units
FRIEDMAN BRIAN P reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
FRIEDMAN BRIAN P reported acquisition or exercise transactions in this Form 4 filing.
Vitesse Energy, Inc. director Brian P. Friedman received a grant of 7,066 restricted stock units of common stock. The award carries a zero dollar grant price and is a form of equity compensation, not an open-market purchase.
Each restricted stock unit represents a right to receive one Vitesse share and will vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of stockholders, subject to continued service. After this grant, Friedman directly holds 527,003 shares. He also has indirect interests in 4,365 shares held by a profit sharing plan, 260,555 shares held by a family limited partnership (with beneficial ownership disclaimed above his pecuniary interest), and 400,000 shares held by his trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,066 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents unvested restricted stock units, each of which represents a contingent right to receive one share of Vitesse Energy, Inc. (the "Company") common stock. The restricted stock units will vest on the earlier of the first anniversary of the date of grant or the date of the Company's 2027 Annual Meeting of Stockholders, subject to continued service through the vesting date.
- F2. The Reporting Person disclaims beneficial ownership of the portion of shares held by the limited partnership in excess of his proportionate pecuniary interest in those shares.
Key Figures
Key Terms
restricted stock units financial
beneficial ownership financial
family limited partnership financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vitesse Energy (VTS) director Brian P. Friedman receive in this Form 4?
How and when do Brian P. Friedman’s 7,066 Vitesse (VTS) restricted stock units vest?
What indirect holdings in Vitesse Energy (VTS) does Brian P. Friedman report?
Is Brian P. Friedman’s Vitesse (VTS) transaction an open-market buy or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.