Insider tax sale: Vitesse Energy (NYSE: VTS) president uses 10b5-1 plan
Rhea-AI Filing Summary
Vitesse Energy, Inc. president Brian Cree reported two open-market sales of company common stock under a pre-established Rule 10b5-1 trading plan. On January 14, 2026, he sold 43,216 shares at an average price of $20.116, leaving him with 519,679 shares directly owned. On January 15, 2026, he sold an additional 16,190 shares at an average price of $19.821, after which he directly held 503,489 shares.
The filing notes these sales were made to satisfy tax obligations arising from the vesting of restricted stock units, and that further sales will be needed to fully cover the related tax.
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FAQ
What insider transaction did Vitesse Energy (VTS) report in this Form 4?
The Form 4 reports that President Brian Cree sold Vitesse Energy common stock in two transactions on January 14 and 15, 2026, under a Rule 10b5-1 trading plan.
How many Vitesse Energy shares did Brian Cree sell and at what prices?
He sold 43,216 shares at an average price of $20.116 on January 14, 2026, and 16,190 shares at an average price of $19.821 on January 15, 2026.
How many Vitesse Energy shares does Brian Cree own after these transactions?
After the January 15, 2026 transaction, Brian Cree directly owned 503,489 shares of Vitesse Energy common stock.
Was the Vitesse Energy insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the shares were sold under an established Rule 10b5-1 trading plan for Vitesse Energy common stock.
Why did Vitesse Energy president Brian Cree sell these shares?
The filing explains that the sales were made to satisfy tax owing related to the vesting of restricted stock units, and that more sales will be required to fully satisfy the tax.
Are the reported prices in the Vitesse Energy Form 4 exact trade prices?
No. The reported prices are average prices. The filing notes the shares were sold in multiple transactions within specified price ranges on each day.