O Leary Dan 4
Research Summary
AI-generated summary
Vitesse Energy (VTS) Director Dan O'Leary Receives RSU Award
What Happened
- Dan O'Leary, a director of Vitesse Energy, was granted 7,066 restricted stock units (RSUs) on 2026-06-05. The reported acquisition price is $0 (no cash exchanged), so the filing shows $0 as the transaction value. The Form 4 was filed with the SEC on 2026-06-08 (Accession 0001944558-26-000036).
Key Details
- Transaction date and type: 2026-06-05 — Grant/Award of 7,066 RSUs at $0 per unit (code A).
- Total reported value at grant: $0 (acquisition price reported as $0); market value at issuance is not provided in the filing.
- Vesting: Per footnote, 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.
- Shares owned after the transaction: Not specified in the supplied filing excerpt.
- Timeliness: Form 4 filing date is 2026-06-08 for the 2026-06-05 transaction; no late-filing indication is included in the provided data.
Context
- RSU awards are compensation-based grants that convert into shares only upon vesting; they are not the same as an open-market purchase (not an immediate bullish buy) nor a sale. Because these units are subject to service-based vesting, they primarily reflect compensation structure rather than an immediate cash investment or divestiture by the director.