Osborn Cathleen M 4
Research Summary
AI-generated summary
Vitesse Energy Director Cathleen Osborn Receives 7,066 RSUs
What Happened
Cathleen M. Osborn, a director of Vitesse Energy, Inc. (VTS), was granted 7,066 restricted stock units (RSUs) on June 5, 2026. The Form 4 reports an acquisition at $0.00 per RSU (no immediate cash value). Each RSU represents a contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-06-05; Form 4 filed 2026-06-08 (timely within the two-business-day SEC deadline).
- Transaction type: Award/Grant (Code A). Quantity: 7,066 RSUs; reported price: $0.00; no immediate cash consideration.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote (F1): RSUs are unvested and will 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
RSUs are a form of deferred equity compensation that convert to shares only if/when they vest; they are not the same as an open-market purchase. Such director awards are common as part of compensation and do not by themselves indicate a buying or selling signal until/if the awards vest and are sold.