Vitesse Energy (VTS) CFO granted 26,273 RSUs vesting 2027-2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Henderson James P reported acquisition or exercise transactions in this Form 4 filing.
Vitesse Energy, Inc. Chief Financial Officer James P. Henderson received a grant of 26,273 shares of common stock in the form of restricted stock units at no purchase price. After this award, he directly holds 202,477 shares of common stock.
The restricted stock units are unvested and represent a contingent right to receive one share of common stock for each unit. They vest in three equal installments on May 1, 2027, May 1, 2028, and May 1, 2029, subject to his continued employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henderson James P
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,273 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 202,477 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 26,273 restricted stock units
Grant price: $0.00 per share
Post‑transaction holdings: 202,477 shares
+3 more
6 metrics
RSUs granted
26,273 restricted stock units
Award to CFO James P. Henderson on May 1, 2026
Grant price
$0.00 per share
Transaction price for the RSU grant
Post‑transaction holdings
202,477 shares
Common stock directly held after the award
Vesting date 1
May 1, 2027
First installment of RSUs vests, subject to employment
Vesting date 2
May 1, 2028
Second installment of RSUs vests, subject to employment
Vesting date 3
May 1, 2029
Final installment of RSUs vests, subject to employment
Key Terms
restricted stock units, contingent right, vest
3 terms
restricted stock units financial
"Represents unvested restricted stock units, each of which represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"each of which represents a contingent right to receive one share of common stock"
vest financial
"The restricted stock units vest in equal installments on May 1, 2027, May 1, 2028, and May 1, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Vitesse Energy (VTS) disclose about CFO James P. Henderson’s equity grant?
Vitesse Energy reported that CFO James P. Henderson received 26,273 restricted stock units of common stock at no purchase price. These units are unvested equity awards that will convert into shares over time, subject to continued employment and the specified vesting schedule.
When do the new restricted stock units for Vitesse Energy’s CFO vest?
The 26,273 restricted stock units vest in three equal installments on May 1, 2027, May 1, 2028, and May 1, 2029. Vesting is contingent on James P. Henderson’s continued employment with Vitesse Energy through each applicable vesting date, according to the disclosure.
What does the Form 4 say about the nature of the CFO’s award at Vitesse Energy (VTS)?
The filing describes the transaction as a grant or award acquisition of 26,273 restricted stock units with a transaction price of $0.00 per share. Each unit represents a contingent right to receive one share of common stock as it vests under the award terms.
Are the restricted stock units granted to the Vitesse Energy CFO currently vested?
The restricted stock units are currently unvested and represent contingent rights to receive common shares in the future. They will vest in three equal tranches on May 1 of 2027, 2028, and 2029, assuming the CFO remains employed by Vitesse Energy on each vesting date.