Vitesse Energy (NYSE: VTS) CEO receives 87,576-share RSU award
Rhea-AI Filing Summary
Vitesse Energy, Inc. CEO and President Jamie Brett Benard received an award of 87,576 shares of common stock in the form of restricted stock units. The grant is a compensation-related acquisition at a stated price of $0.00 per share, so it is not an open-market purchase.
The restricted stock units are unvested and will vest in three equal installments on May 1, 2027, May 1, 2028, and May 1, 2029, subject to his continued employment with the company. Following this award, he is reported as directly holding 87,576 shares tied to this grant.
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Insights
CEO receives multi-year RSU grant as equity compensation.
The filing shows Vitesse Energy CEO Jamie Brett Benard receiving 87,576 restricted stock units at a stated price of $0.00 per share. This is a stock-based compensation award, not a market transaction, and aligns the CEO’s interests with long-term share performance.
The RSUs vest in three equal tranches on May 1, 2027, May 1, 2028, and May 1, 2029, conditioned on continued employment. This structure encourages retention over several years and spreads potential share delivery over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 87,576 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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 May 1, 2027, May 1, 2028, and May 1, 2029, respectively, subject to the Reporting Person's continued employment with the Registrant.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
vest financial
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