Form 4: Vitesse Energy Director Randy I. Stein Reports Stock Transaction

Director Randy I. Stein reports acquisition and disposal of Vitesse Energy, Inc. common stock and unvested restricted stock units.

Summary

• Randy I. Stein, a director of Vitesse Energy, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 2, 2024, Stein acquired 5,504 shares of common stock.
• On the same day, Stein disposed of 13,837 shares of common stock.
• Following these transactions, Stein beneficially owns 13,837 shares.
• The reported transactions also involve unvested restricted stock units, each representing a contingent right to receive one share of Vitesse Energy, Inc. common stock.
• These restricted stock units will vest on the day prior to the Company's 2025 Annual Meeting of Stockholders, contingent upon continued service through the vesting date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units will vest on the day prior to the Company's 2025 Annual Meeting of Stockholders, subject to continued service through the vesting date, and will be settled in shares of Company common stock following the vesting date unless such settlement is deferred by the director.

Industry Context

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

Stakeholder Impact

• Shareholders are informed about the transactions of a company director.

Key Dates