Vitesse Energy (NYSE: VTS) CEO sells shares to cover RSU taxes
Rhea-AI Filing Summary
Vitesse Energy, Inc. Chief Executive Officer and director Robert W. Gerrity reported multiple open-market sales of the company’s common stock under a pre-established Rule 10b5-1 trading plan. On January 16, 2026, he sold 31,460 shares at an average price of $19.39, on January 20, 2026 he sold 45,463 shares at an average price of $19.293, and on January 21, 2026 he sold 36,785 shares at an average price of $19.665. The filing states these sales were made to satisfy taxes related to vesting restricted stock units. Following these transactions, Gerrity directly held 371,991 Vitesse Energy shares and had indirect beneficial ownership of 827,173 additional shares through the Gerrity Family Trust, where he serves as trustee and an immediate family member is the sole beneficiary.
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FAQ
What insider transaction did Vitesse Energy (VTS) report for Robert W. Gerrity?
The filing reports that Robert W. Gerrity, Chief Executive Officer and director of Vitesse Energy, Inc., executed multiple open-market sales of the company’s common stock in January 2026, disclosed on a Form 4.
How many Vitesse Energy (VTS) shares did Robert W. Gerrity sell and on which dates?
Gerrity sold 31,460 Vitesse Energy common shares on January 16, 2026, 45,463 shares on January 20, 2026, and 36,785 shares on January 21, 2026, all reported as open-market sales.
At what prices were the Vitesse Energy (VTS) shares sold by Robert W. Gerrity?
The reported average sale prices were $19.39 per share on January 16, $19.293 per share on January 20, and $19.665 per share on January 21, 2026, with each price representing a volume-weighted average over multiple trades within stated ranges.
Why did Robert W. Gerrity sell Vitesse Energy (VTS) shares according to the Form 4?
The footnotes state that Gerrity sold these shares under an established Rule 10b5-1 trading plan for the purpose of satisfying tax obligations related to the vesting of restricted stock units.
How many Vitesse Energy (VTS) shares does Robert W. Gerrity own after these transactions?
After the reported sales, Gerrity beneficially owned 371,991 Vitesse Energy shares directly and 827,173 shares indirectly through the Gerrity Family Trust, where he is a trustee and an immediate family member is the sole beneficiary.
What is the role of the Gerrity Family Trust in Robert W. Gerrity’s Vitesse Energy (VTS) holdings?
The Form 4 notes that 827,173 Vitesse Energy shares are held by the Gerrity Family Trust. Gerrity is a trustee of the trust, and a member of his immediate family is the trust’s sole beneficiary, resulting in indirect beneficial ownership reported on the form.
Were Robert W. Gerrity’s Vitesse Energy (VTS) share sales made under a Rule 10b5-1 plan?
Yes. The filing indicates that the reported sales were executed under an established Rule 10b5-1(c) trading plan, which is intended to satisfy the affirmative defense conditions for pre-arranged trades when properly adopted.