Adamany Linda 4
Research Summary
AI-generated summary
Vitesse (VTS) Director Linda Adamany Receives 7,066 RSU Award
What Happened
- Linda Adamany, a director of Vitesse Energy, Inc. (VTS), was granted 7,066 restricted stock units (RSUs) on 2026-06-05. The award price is $0.00, so no cash was paid. These RSUs are unvested and represent a contingent right to receive one share of Vitesse common stock per unit upon vesting.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (filed within the standard two-business-day reporting window).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 7,066 RSUs; reported acquisition price: $0.00 (no cash outlay).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: RSUs vest on the earlier of the first anniversary of the grant or the Company’s 2027 Annual Meeting of Stockholders, subject to continued service through the vesting date.
Context
- These are unvested RSUs (an equity award), not an open‑market purchase or sale — they do not represent immediately tradable shares until they vest. Awards to directors are common compensation and should be viewed as planned compensation rather than a direct buy/sell signal.