FRIEDMAN BRIAN P 4
4 · Vitesse Energy, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Vitesse Energy (VTS) Director Brian P. Friedman Receives Award
What Happened
- Brian P. Friedman, a director of Vitesse Energy, received an award of 7,066 restricted stock units (RSUs) on 2026-06-05. The Form 4 reports an acquisition at $0.00 per unit (total reported $0), which reflects an equity grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-05; Report filed: 2026-06-08.
- Transaction type/code: A — Grant/Award of restricted stock units.
- Shares/units granted: 7,066 RSUs; acquisition price reported: $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1: RSUs are unvested and represent a contingent right to one share each; they vest on the earlier of the first anniversary of the grant or the Company’s 2027 Annual Meeting, subject to continued service.
- F2: The reporting person disclaims beneficial ownership of any shares held by a limited partnership beyond his proportionate pecuniary interest.
- Filing timeliness: Form 4 was filed on 2026-06-08 for the 06-05 grant; the excerpt does not indicate a late‑filing designation.
Context
- RSU grants are common compensation for directors and do not involve an immediate cash outlay or sale of shares. They become meaningful only if and when they vest and convert into actual shares; as an award, this is not the same signal as an open‑market purchase or sale.
Insider Transaction Report
Form 4
FRIEDMAN BRIAN P
Director
Transactions
- Award
Common Stock
[F1]2026-06-05+7,066→ 527,003 total
Holdings
- 400,000(indirect: By Trust)
Common Stock
- 260,555(indirect: By Partnership)
Common Stock
[F2] - 4,365(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents unvested restricted stock units, each of which represents a contingent right to receive one share of Vitesse Energy, Inc. (the "Company") common stock. The restricted stock units will vest on the earlier of the first anniversary of the date of grant or the date of the Company's 2027 Annual Meeting of Stockholders, subject to continued service through the vesting date.
- [F2]The Reporting Person disclaims beneficial ownership of the portion of shares held by the limited partnership in excess of his proportionate pecuniary interest in those shares.
Signature
/s/ Michael Sabol, Attorney-in-Fact for Brian P. Friedman|2026-06-08