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.
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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.
How many Vitesse Energy (VTS) shares did Michael Sabol sell and at what price?
On 01/14/2026, Michael Sabol sold 4,497 shares of Vitesse Energy common stock at an average price of $20.138 per share. The shares were sold in multiple trades between $20.010 and $20.284.
How many VTS shares does Michael Sabol own after this reported transaction?
Following the reported sale, Michael Sabol beneficially owned 64,914 shares of Vitesse Energy common stock in direct ownership.
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.
What was the purpose of Michael Sabol’s sale of Vitesse Energy shares?
The filing explains that the sale was made to satisfy taxes owed related to the vesting of restricted stock units, indicating the transaction was tied to tax obligations from equity compensation.
How were the sale prices for the VTS shares determined in this Form 4?
The reported price of $20.138 per share is an average price. The filing notes the shares were sold in multiple transactions at prices ranging from $20.010 to $20.284, and that full trade details are available upon request.