Form 4: Vitesse Energy CEO Transfers Shares to Family Trust in Bona Fide Gift

Vitesse Energy CEO Robert W. Gerrity reports a transfer of 321,862 common stock shares to the Gerrity Family Trust as a bona fide gift on March 18, 2025.

Summary

• Robert W. Gerrity, CEO of Vitesse Energy, Inc., filed a Form 4 on March 19, 2025, reporting a change in beneficial ownership.
• On March 18, 2025, Gerrity transferred 321,862 shares of Vitesse Energy common stock to the Gerrity Family Trust as a bona fide gift.
• The transfer was made for no consideration.
• Following the transaction, Gerrity directly owns 605,430 shares and indirectly owns 817,173 shares through the Gerrity Family Trust.
• Gerrity is a trustee of the Gerrity Family Trust, and a member of his immediate family is the sole beneficiary of the trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding a stock transfer, with neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Related Party Transactions

• The transfer of shares to the Gerrity Family Trust constitutes a related party transaction.

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders as it is a transfer of ownership within the CEO's family trust and does not involve a sale on the open market.

Key Dates

Keywords

Form 4, Beneficial Ownership, Vitesse Energy, Gerrity, Stock Transfer, Family Trust