--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-008895" form_type: "8-K" ticker: "VTS" cik: "0001944558" company_name: "Vitesse Energy, Inc." filed_at: "2023-01-17T23:59:59+00:00" generated_at: "2026-06-20T14:58:09.385516+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.8 calibrated_materiality_score: 0.8 confidence: "high" source: SEC EDGAR --- # Jefferies completes spin-off of Vitesse Energy; Vitesse begins trading independently on NYSE ## Summary - Jefferies distributed 26.6M shares of Vitesse (94.37% of outstanding) to JEF holders at 1 VTS per 8.49668 JEF shares. - Vitesse common stock begins regular-way trading Jan 17, 2023 on NYSE under symbol VTS. - Board expanded to 7 members; Bob Gerrity remains CEO, Brian Cree President, David Macosko CFO, Christopher Humber GC. - Adopted Long-Term Incentive Plan authorizing up to 3.96M shares; entered into new revolving credit facility. - Executives granted RSUs: CEO Gerrity 1.65M shares, President Cree 726K shares; 2023 salaries and bonuses set. ## SEC filing metadata - accession: 0001193125-23-008895 - form_type: 8-K - ticker: VTS - cik: 0001944558 - company_name: Vitesse Energy, Inc. - filed_at: 2023-01-17T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.8 - calibrated_materiality_score: 0.8 - confidence: high - sec_items: 1.01, 2.03, 3.03, 5.03, 5.01, 5.02, 5.05, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/d426246d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-008895 - JSON: https://secwatch.observer/filing/0001193125-23-008895.json - Plain text: https://secwatch.observer/filing/0001193125-23-008895.txt ## Key facts - Debt Financings Vitesse Energy, Inc. incurred revolving credit. - Instrument: revolving credit - Event: incurrence source text: On January 13, 2023, in connection with the Spin-Off, the Company entered into a new revolving credit facility (the “Revolving Credit Facility”), which amended and restated the revolving credit facility of Vitesse Energy, LLC, the predecessor of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Brian Cree changed role as Chief Operating Officer at Vitesse Energy, Inc.. - Action: will no longer serve - Role: Chief Operating Officer source text: Mr. Cree will no longer serve as Chief Operating Officer following the Spin-Off. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Daniel O'Leary was appointed as Director at Vitesse Energy, Inc.. - Action: appointed - Role: Director source text: (i) effective upon the commencement of when-issued trading in Vitesse’s common stock on January 10, 2023, the size of the Board of Directors of the Company (the “Board”) was increased from one to two members and Daniel O’Leary was appointed to fill the vacancy created by the increase in the size of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Brian Friedman was appointed as Director at Vitesse Energy, Inc.. - Action: appointed - Role: Director source text: (ii) effective as of the Distribution Date, the size of the Board increased from two to seven members and each of Linda Adamany, Brian Friedman, Cathleen Osborn, Randy Stein and Joseph Steinberg were appointed to fill the vacancies created by the increase in the size of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Cathleen Osborn was appointed as Director at Vitesse Energy, Inc.. - Action: appointed - Role: Director source text: (ii) effective as of the Distribution Date, the size of the Board increased from two to seven members and each of Linda Adamany, Brian Friedman, Cathleen Osborn, Randy Stein and Joseph Steinberg were appointed to fill the vacancies created by the increase in the size of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Bob Gerrity was appointed as Chairman of the Board at Vitesse Energy, Inc.. - Action: appointed - Role: Chairman of the Board source text: Mr. Gerrity was appointed Chairman of the Board. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Randy Stein was appointed as Director at Vitesse Energy, Inc.. - Action: appointed - Role: Director source text: (ii) effective as of the Distribution Date, the size of the Board increased from two to seven members and each of Linda Adamany, Brian Friedman, Cathleen Osborn, Randy Stein and Joseph Steinberg were appointed to fill the vacancies created by the increase in the size of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Linda Adamany was appointed as Director at Vitesse Energy, Inc.. - Action: appointed - Role: Director source text: (ii) effective as of the Distribution Date, the size of the Board increased from two to seven members and each of Linda Adamany, Brian Friedman, Cathleen Osborn, Randy Stein and Joseph Steinberg were appointed to fill the vacancies created by the increase in the size of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Executive change Joseph Steinberg was appointed as Director at Vitesse Energy, Inc.. - Action: appointed - Role: Director source text: (ii) effective as of the Distribution Date, the size of the Board increased from two to seven members and each of Linda Adamany, Brian Friedman, Cathleen Osborn, Randy Stein and Joseph Steinberg were appointed to fill the vacancies created by the increase in the size of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Governance Changes Vitesse Energy, Inc.: Amended and Restated Bylaws became effective (effective 2023-01-13). - Change: bylaw amendment - Effective: 2023-01-13 source text: The Company’s Amended and Restated Certificate of Incorporation (the “Charter”) and Amended and Restated Bylaws (the “Bylaws”) became effective on January 12, 2023 and January 13, 2023, respectively. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Governance Changes Vitesse Energy, Inc.: Amended and Restated Certificate of Incorporation became effective (effective 2023-01-12). - Change: charter amendment - Effective: 2023-01-12 source text: The Company’s Amended and Restated Certificate of Incorporation (the “Charter”) and Amended and Restated Bylaws (the “Bylaws”) became effective on January 12, 2023 and January 13, 2023, respectively. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Governance Changes Vitesse Energy, Inc.: Adopted a Code of Business Conduct and Ethics and Corporate Governance Guidelines (effective 2023-01-13). - Change: code of ethics - Effective: 2023-01-13 source text: In connection with the Spin-Off, and effective on January 13, 2023, the Board adopted a Code of Business Conduct and Ethics and Corporate Governance Guidelines. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - M&A Transactions Vitesse Energy, Inc. completed a disposition involving Jefferies Financial Group Inc. (closed 2023-01-13). - Action: disposition - Counterparty: Jefferies Financial Group Inc. - Closing: 2023-01-13 source text: On January 13, 2023 (the "Distribution Date"), Jefferies Financial Group Inc. ("Jefferies") completed the previously announced legal and structural separation and distribution to its shareholders of all of the outstanding shares of Vitesse Energy, Inc. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm - Material Agreements Vitesse Energy, Inc. entered into Revolving Credit Facility with Jefferies valued at new revolving credit facility (effective 2023-01-13). - Action: entry - Agreement: credit facility - Counterparty: Jefferies - Value: new revolving credit facility - Effective: 2023-01-13 source text: On January 13, 2023, in connection with the Spin-Off, the Company entered into a new revolving credit facility (the "Revolving Credit Facility"), which amended and restated the revolving credit facility of Vitesse Energy, LLC, the predecessor of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1944558/000119312523008895/0001193125-23-008895-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.