Cree Brian 4
4 · Vitesse Energy, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Vitesse Energy (VTS) President Brian Cree Sells 120,142 Shares
What Happened
- Brian J. Cree, President & Interim CEO of Vitesse Energy (VTS), reported a mix of transactions: a grant of 54,166 restricted stock units (RSUs) on 2026-03-26 and two open-market sales totaling 120,142 shares on 2026-03-30 and 2026-03-31.
- The sales generated gross proceeds of about $2,233,648 (70,142 shares at an average $18.65 on 3/30 for ~$1,308,148; 50,000 shares at $18.51 on 3/31 for $925,500). The RSU grant had no immediate cash value at grant (reported $0).
Key Details
- Transaction dates and prices:
- 2026-03-26: Award/acquisition — 54,166 RSUs @ $0.00 (unvested RSUs) (see footnote F1).
- 2026-03-30: Sale — 70,142 shares; reported average price $18.65; actual trade prices ranged $18.50–$18.88 (footnote F2).
- 2026-03-31: Sale — 50,000 shares; reported average price $18.51; actual trade prices ranged $18.50–$18.56 (footnote F3).
- Shares owned after the transactions: not specified in this filing.
- Notable footnotes:
- F1: The 54,166 RSUs are unvested and represent contingent rights to receive common shares. They vest in equal installments on June 30, 2026 and December 31, 2026, subject to continued employment; previously granted RSUs were accelerated to the same vesting dates. See the referenced Offer Letter (Exhibit 10.3 to the 3/26/2026 Form 8‑K) for details.
- F2/F3: Average prices reported; the filer can provide specific per-trade prices on request.
- Filing timeliness: The Form 4 was filed on 2026-04-01 for transactions beginning 2026-03-26. The grant dated 3/26 appears to have been reported more than two business days later, which suggests a late filing for that item.
Context
- These filings show both an equity award (RSUs that are unvested) and open-market sales. Sales by executives can be routine (liquidity, diversification, tax planning) and do not necessarily signal a view on company prospects; purchases typically carry more interpretive weight for bullish insider sentiment.
- The RSU grant is contingent and subject to vesting; it does not represent immediately tradable shares until vested and issued.
Insider Transaction Report
Form 4
Cree Brian
President & Interim CEO
Transactions
- Award
Common Stock
[F1]2026-03-26+54,166→ 513,109 total - Sale
Common Stock
[F2]2026-03-30$18.65/sh−70,142$1,308,148→ 442,967 total - Sale
Common Stock
[F3]2026-03-31$18.51/sh−50,000$925,500→ 392,967 total
Footnotes (3)
- [F1]Represents unvested restricted stock units, each of which represents a contingent right to receive one share of common stock. The restricted stock units vest in equal installments on June 30, 2026 and December 31, 2026, subject to the Reporting Person's continued employment with the Registrant. The previously granted restricted stock units have been accelerated to also vest in equal installments on June 30, 2026 and December 31, 2026, subject to the Reporting Person's continued employment with the Registrant. For further detail, see "Offer Letter, dated as of March 26, 2026, between Vitesse Energy, Inc. and Brian J. Cree." which was filed as Exhibit 10.3 to Vitesse Energy Inc.'s Form 8-K filed with the Securities and Exchange Commission on March 26, 2026.
- [F2]The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.88, inclusive. The reporting person undertakes to provide Vitesse Energy, Inc., any security holder of Vitesse Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to the Form 4.
- [F3]The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.56, inclusive. The reporting person undertakes to provide Vitesse Energy, Inc., any security holder of Vitesse Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to the Form 4.
Signature
/s/ Michael Sabol, Attorney -in-Fact for Brian J. Cree|2026-04-01