Form 4: Vital Energy Director Edmund P. Segner III Acquires Deferred Stock Units

Director Edmund P. Segner III acquired 842 deferred stock units of Vital Energy, Inc. as partial payment for director's retainer and fees.

Summary

• On May 23, 2024, Edmund P. Segner III, a director of Vital Energy, Inc., acquired 842 deferred stock units.
• The acquisition was part of the director's retainer and director fees, granted under the Issuer's Omnibus Equity Incentive Plan.
• Each deferred stock unit represents the right to receive one share of Vital Energy's common stock.
• Following the transaction, Segner directly owns 7,727 shares.
• The transaction was reported on May 28, 2024.

Sentiment

Score: 7

Explanation: Routine transaction; director acquiring stock units as part of compensation is generally viewed neutrally to slightly positive as it aligns interests.

Positives

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
• The use of equity as compensation can help conserve cash.

Industry Context

Directors commonly receive stock-based compensation to align their interests with shareholders, particularly in the energy sector.

Related Party Transactions

• The grant of deferred stock units to Edmund P. Segner III, a director, is a related party transaction.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with shareholder value.

Key Dates