Gerrity Robert W 4
Research Summary
AI-generated summary
Vitesse Energy (VTS) CEO Robert W. Gerrity Sells Shares
What Happened
- Robert W. Gerrity, Chief Executive Officer of Vitesse Energy, sold a total of 113,708 shares in three open‑market transactions between Jan 16–21, 2026, generating aggregate proceeds of approximately $2,210,504.
- 31,460 shares on 2026‑01‑16 at an average price of $19.39 — $610,009 (price range reported $19.200–$19.530).
- 45,463 shares on 2026‑01‑20 at an average price of $19.29 — $877,118 (price range reported $18.910–$19.500).
- 36,785 shares on 2026‑01‑21 at an average price of $19.66 — $723,377 (price range reported $19.520–$19.950).
- These were sales (S) reported on a Form 4 and were executed under an established 10b5‑1 trading plan to satisfy taxes related to the vesting of restricted stock units.
Key Details
- Transaction dates: Jan 16, 2026; Jan 20, 2026; Jan 21, 2026. Filing date: Jan 21, 2026 (Form 4, accession 0001960105-26-000008).
- Average prices and reported intra‑day ranges provided in the filing (see above for ranges). The filing offers to provide exact per‑trade price breakdowns on request.
- Shares owned after the reported transactions: not specified in the summary data provided.
- Notable footnotes:
- F1: Sales made under a 10b5‑1 plan to satisfy tax withholding on RSU vesting.
- F2–F4: The Column 4 prices are averages; each sale included multiple executions within the stated price ranges.
- F5: Some securities are owned directly by the Gerrity Family Trust; Mr. Gerrity is a trustee and a family member is the sole beneficiary.
- Filing timeliness: Form 4 was filed the same day as the last reported sale (Jan 21, 2026); the filing shows no indication of lateness.
Context
- Sales under a 10b5‑1 plan to cover tax obligations on vested restricted stock units are common and are typically considered routine, not necessarily a directional statement about the CEO’s view of the company.
- For retail investors, note that purchases by insiders often carry more interpretive weight than tax‑driven or plan‑driven sales.