Tax share sale by Vitesse (NYSE: VTS) VP Sabol under 10b5-1 plan
Rhea-AI Filing Summary
Vitesse Energy VP Michael Sabol reported a planned sale of company stock. On 01/14/2026, he sold 4,497 shares of Vitesse Energy common stock at an average price of $20.138 per share under a pre-established Rule 10b5-1 trading plan. The filing notes the sale was made to pay taxes owed from the vesting of restricted stock units, rather than as a discretionary sale. After this transaction, Sabol beneficially owned 64,914 shares of Vitesse Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,497 | $20.138 | $91K |
Footnotes (1)
- The reporting person sold these shares under an established 10b5-1 plan for the purpose of satisfying tax owing related to the vesting of restricted stock units. The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $20.010 to $20.284, 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.
FAQ
Who is the insider in this VTS Form 4 filing and what is their role?
The insider is Michael Sabol, who serves as VP - SEC and Financial Reporting at Vitesse Energy, Inc. He is an officer but not a director or 10% owner.
Was this VTS insider sale by Michael Sabol under a Rule 10b5-1 trading plan?
Yes. The filing states that the shares were sold under an established Rule 10b5-1 plan, which is a pre-arranged trading plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions.