4/A: Vital Energy Director Hollingsworth Receives Deferred Stock Units as Partial Payment

Sentiment:

SEC Form 4/A


Director Jarvis V. Hollingsworth of Vital Energy, Inc. acquired 1,270 deferred stock units as partial payment for director's retainer and fees, correcting a previously filed form.

Summary

  • Jarvis V. Hollingsworth, a director at Vital Energy, Inc., received 1,270 deferred stock units on February 6, 2025, as partial payment for his director's retainer and fees.
  • These units were granted under Vital Energy's Omnibus Equity Incentive Plan.
  • Each deferred stock unit represents the right to receive one share of Vital Energy common stock.
  • The Form 4/A is an amendment to a previous filing to correct the number of derivative securities beneficially owned.
  • Following the transaction, Hollingsworth directly owns 3,908 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of director compensation, with a correction indicating attention to detail. Sentiment is neutral to slightly positive.

Positives

  • The grant of deferred stock units aligns the director's interests with those of the shareholders.
  • The correction of the previously filed form demonstrates transparency.

Future Outlook

The document does not contain specific forward-looking statements, but the grant of equity suggests a continued relationship between the director and the company.

Industry Context

This type of equity compensation is common for directors of publicly traded companies to align their interests with shareholders.

Related Party Transactions

  • The grant of deferred stock units to Director Hollingsworth is a related party transaction, as it involves compensation to a member of the board.

Stakeholder Impact

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

Key Dates

DateDescription
02/06/2025Date of transaction: Jarvis V. Hollingsworth acquired deferred stock units.
02/07/2025Date of original filing that was amended.
03/13/2025Date of the amended filing (Form 4/A).

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