Henderson James P 4
Research Summary
AI-generated summary
Vitesse Energy (VTS) CFO James P. Henderson Receives Award
What Happened
- James P. Henderson, Chief Financial Officer of Vitesse Energy (VTS), was granted 26,273 restricted stock units (RSUs) on May 1, 2026. The grant was reported on a Form 4 filed May 5, 2026. The acquisition price is $0 (code A — grant/award), meaning no cash was paid by the insider for the award.
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely filing).
- Grant size: 26,273 RSUs; acquisition price reported as $0.
- Shares owned after transaction: not specified in the filing.
- Footnote (F1): Each RSU is a contingent right to one share of common stock. The RSUs vest in equal installments on May 1, 2027, May 1, 2028, and May 1, 2029, subject to continued employment.
- Transaction type: A = Award/Grant (not a market purchase or sale).
Context
- RSUs are compensation grants that convert to common stock only upon vesting; they are not immediately tradable shares. Grants are common executive compensation and do not, by themselves, indicate a buy or sell sentiment. Vesting will create taxable events and may involve tax withholding when shares are delivered.