Form 4: Vital Energy Director Hollingsworth Acquires Shares as Part of Retainer and Fees

Director Jarvis V. Hollingsworth acquired 941 shares of Vital Energy, Inc. common stock on August 1, 2024, as partial payment for director's retainer and fees.

Summary

• On August 1, 2024, Jarvis V. Hollingsworth, a director of Vital Energy, Inc., acquired 941 shares of common stock.
• The shares were acquired at a price of $42.55 per share.
• This acquisition was part of the director's retainer and director fees, granted under the Issuer's Omnibus Equity Incentive Plan.
• Following the transaction, Hollingsworth directly owns 7,280 shares of Vital Energy, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Directors receiving shares as part of their compensation is a common practice to align their interests with those of the shareholders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates