Form 4: Vital Energy EVP & CFO Lemmerman Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Bryan Lemmerman, EVP & CFO of Vital Energy, Inc., reports the disposal of 2,970 shares of common stock to cover tax obligations related to vesting restricted shares.
Summary
- On February 14, 2025, Bryan Lemmerman, the EVP & CFO of Vital Energy, Inc., disposed of 2,970 shares of common stock.
- The disposal was executed to satisfy tax withholding obligations related to the vesting of restricted shares previously granted under the company's Omnibus Equity Incentive Plan.
- The transaction price was $34.3 per share.
- Following the transaction, Lemmerman directly owns 74,546 shares of Vital Energy common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transaction |
| 02/18/2025 | Date of Form 4 signature |
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