Vitesse Energy (NYSE: VTS) grants 7,066 RSUs to director Steinberg
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEINBERG JOSEPH S reported acquisition or exercise transactions in this Form 4 filing.
Vitesse Energy director Joseph S. Steinberg received a grant of 7,066 restricted stock units (RSUs) of common stock. The award was made at a price of $0.00 per unit and reflects compensation, not an open-market purchase.
These RSUs vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders meeting, subject to continued service. Following the grant, Steinberg directly holds 67,618 common shares, and the filing also lists substantial indirect holdings through various trusts and corporations associated with him.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
STEINBERG JOSEPH S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,066 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 67,618 shares (Direct, null);
Common Stock — 1,852,977 shares (Indirect, See Footnotes)
Footnotes (1)
- Represents unvested restricted stock units, each of which represents a contingent right to receive one share of Vitesse Energy, Inc. (the "Company") common stock. The restricted stock units will vest on the earlier of the first anniversary of the date of grant or the date of the Company's 2027 Annual Meeting of Stockholders, subject to continued service through the vesting date. Shares held by corporations owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the portion of shares held indirectly in excess of his proportionate pecuniary interest in those shares.
Key Figures
RSUs granted: 7,066 units
Grant price: $0.00 per unit
Direct shares after grant: 67,618 shares
+3 more
6 metrics
RSUs granted
7,066 units
Common stock restricted stock units granted to director
Grant price
$0.00 per unit
Stated price for RSU award
Direct shares after grant
67,618 shares
Common stock directly held by Steinberg after transaction
Reporting person’s trust holdings
505,402 shares
Indirect holdings by reporting person’s trust
Corporations’ holdings
1,852,977 shares
Indirect holdings by corporations owned by reporting person
Family trust holdings
185,706 shares
Indirect holdings by family trust
Key Terms
restricted stock units, beneficial ownership, pecuniary interest, Discretionary Trust, +1 more
5 terms
restricted stock units financial
"Represents unvested restricted stock units, each of which represents a contingent right to receive one share"
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the portion of shares held indirectly"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"in excess of his proportionate pecuniary interest in those shares"
Discretionary Trust financial
"nature_of_ownership": "By Discretionary Trust""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Joseph S. Steinberg report in this Vitesse Energy (VTS) Form 4?
Joseph S. Steinberg reported receiving 7,066 restricted stock units in Vitesse Energy common stock. These units were granted at no cash cost and are part of his equity compensation, increasing his directly held stake to 67,618 common shares after the transaction.
When do Joseph S. Steinberg’s new Vitesse Energy RSUs vest?
The 7,066 restricted stock units vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders meeting. Vesting is conditioned on Steinberg continuing to provide service through the applicable vesting date.
Does this VTS Form 4 show any open-market buying or selling by Joseph S. Steinberg?
No open-market purchases or sales are shown. The only transaction with share movement is a grant of 7,066 restricted stock units at a price of $0.00, which represents an equity compensation award rather than a market trade in Vitesse Energy shares.