Vital Energy (VTLE) CEO Pigott acquired 23,624 shares at $28.76

Insider transactions reported

M. Jason Pigott (President & CEO at Vital Energy Inc., VTLE) reported that they acquired 23,624 shares at $28.76, and gave up 14,740 shares at $28.76 to cover taxes or an exercise price on Feb 21, 2025. After these transactions the filing shows 246,033 shares held directly.

Reporting person

Pigott M. Jason

Role

President & CEO

Options and other derivatives

Holdings before and after

• Common Stock: 237,149 to 246,033 direct
• Performance Units: 28,810 to 0 direct

Footnotes from the filing

1. 1. These performance units are granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a From 4 filed by the Issuer on February 24, 2022. The performance units became payable in common stock based upon (i) the Issuer's total shareholder return measured against an industry peer group, (ii) on an absolute share return basis, (iii) earnings before interest, taxes, depreciation, amortization and exploration expense divided by three-year total debt reduction, (iv) growth in inventory and (v) emissions reduction over a three-year performance period ending December 31, 2024. Based on the actual performance criteria satisfied, the performance unit multiplier was 82%.
2. 2. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of a portion of restricted shares and performance share units previously granted to the Reporting Person under the Issuer's Omnibus Equity Incentive Plan.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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