STEINBERG JOSEPH S 4
Research Summary
AI-generated summary
Vitesse Energy Director Joseph S. Steinberg Buys 59,118 Shares
What Happened
Joseph S. Steinberg, a director of Vitesse Energy, reported a purchase of 59,118 shares on 2026-05-28 at $17.00 per share, for a total reported value of $1,005,006. The filing indicates these were purchase transactions (Form 4 code P), which are purchases rather than sales.
Key Details
- Transaction date: 2026-05-28; Filing date: 2026-06-01.
- Price per share: $17.00; Total reported value: $1,005,006.
- Shares were acquired in multiple transactions, all at $17.00 (footnote F1).
- Some of the shares are held by corporations owned by the reporting person (F2); the reporting person disclaims beneficial ownership of any portion held indirectly beyond his proportionate pecuniary interest (F3).
- The filing does not specify the number of shares beneficially owned after the transaction in the summary provided here; check the full Form 4 for post-transaction holdings.
- Transaction type: Purchase (potential bullish signal; purchases are often more informative than routine sales). No 10b5-1 plan, tax withholding, or exercise/cashless-sale notes were reported in the provided details.
Context: This was a direct purchase reported on a Form 4. Purchases by company insiders can signal confidence but do not by themselves guarantee future performance. Review the full Form 4 for complete ownership figures and any additional disclosures.