Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses VTS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named VTS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Gerrity | $570,000 | $0 | $1,780,317 | $0 | $864,000 | $0 | $0 | $3,214,317 |
| Chief Executive Officer | ||||||||
| Brian Cree | 440,000 | 0 | 1,068,190 | 0 | 567,000 | 0 | 27,050 | 2,102,240 |
| President | ||||||||
| James Henderson | 400,000 | 0 | 667,640 | 0 | 455,000 | 0 | 15,000 | 1,537,640 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Robert Gerrity | $3,214,317 | $3,317,979 | — | −103,662 |
| Brian Cree | 2,102,240 | 1,894,133 | — | +208,107 |
| James Henderson | 1,537,640 | 1,497,807 | — | +39,833 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Brian Cree | PSU | 2025-03-05 | — | — | 27,070 | — | — |
| Brian Cree | RSU | 2025-03-05 | — | — | 18,047 | — | — |
| Robert Gerrity | PSU | 2025-03-05 | — | — | 45,117 | — | — |
| Robert Gerrity | RSU | 2025-03-05 | — | — | 30,078 | — | — |
| James Henderson | PSU | 2025-03-05 | — | — | 16,919 | — | — |
| James Henderson | RSU | 2025-03-05 | — | — | 11,280 | — | — |
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Robert Gerrity | RSU | 500,000 | — | $9,630,000 |
| Brian Cree | RSU | 121,000 | — | 2,330,460 |
| James Henderson | RSU | 60,000 | — | 1,155,600 |
| Robert Gerrity | PSU | 114,086 | — | 2,197,296 |
| Robert Gerrity | PSU | 90,234 | — | 1,737,907 |
| Brian Cree | PSU | 54,192 | — | 1,043,738 |
| Brian Cree | PSU | 54,140 | — | 1,042,736 |
| Robert Gerrity | RSU | 50,000 | — | 963,000 |
| James Henderson | RSU | 8,873 | — | 170,894 |
| James Henderson | PSU | 39,930 | — | 769,052 |
| James Henderson | PSU | 33,838 | — | 651,720 |
| Robert Gerrity | RSU | 30,078 | — | 579,302 |
| Robert Gerrity | RSU | 25,352 | — | 488,280 |
| Brian Cree | RSU | 18,047 | — | 347,585 |
| Brian Cree | RSU | 12,042 | — | 231,929 |
| James Henderson | RSU | 11,280 | — | 217,253 |
The Company's compensation program is designed to attract and retain qualified executives by providing a competitive mix of base salary, short-term incentives, and long-term equity awards. The program aligns executive pay with company performance and stockholder interests through the use of performance-based metrics and equity vehicles.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Daniel J. O’LearyIndependent · Board Chair · Audit · NGESR (Chair) · Compensation | $150,000 | $124,278 | — | — | — | $274,278 |
| Randy I. SteinIndependent · Audit (Chair) · NGESR | 125,000 | 124,278 | — | — | — | 249,278 |
| Cathleen M. OsbornIndependent · Audit · NGESR · Compensation | 125,000 | 124,278 | — | — | — | 249,278 |
| Linda L. AdamanyIndependent · Audit · NGESR · Compensation (Chair) | 125,000 | 124,278 | — | — | — | 249,278 |
| Brian P. FriedmanIndependent | 125,000 | 124,278 | — | — | — | 249,278 |
| Joseph S. SteinbergIndependent | 125,000 | 124,278 | — | — | — | 249,278 |
| M. Bruce ChernoffIndependent | 101,042 | 142,343 | — | — | — | 243,385 |
| Gary D. ReavesIndependent · Compensation | 0 | 0 | — | — | — | 0 |
| Jamie BenardEmployee director · Newly elected | — | — | — | — | — | 0 |
| Annual cash retainer | $125,000 |
|---|---|
| Annual equity retainer | $125,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $876,042 |
| Equity awards (grant-date value) | $888,011 |
| All other compensation | $0 |
| Total cost of the board | $1,764,053 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Vitesse Energy | 2025 | Robert Gerrity | $570,000 | $1,780,317 | $0 | $864,000 | $3,214,317 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Robert Gerrity | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation”. As printed: 3,214,317. Filing ↗machine: r1 · c35 · span 260442–260451 |
| 2 | Section 01, Brian Cree | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation”. As printed: 2,102,240. Filing ↗machine: r3 · c35 · span 267712–267721 |
| 3 | Section 01, James Henderson | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation”. As printed: 1,537,640. Filing ↗machine: r5 · c35 · span 274996–275005 |
| 4 | Section 03, Brian Cree PSU | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 291817–291823 |
| 5 | Section 03, Brian Cree RSU | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 291312–291318 |
| 6 | Section 03, Robert Gerrity PSU | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 290317–290323 |
| 7 | Section 03, Robert Gerrity RSU | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 289810–289816 |
| 8 | Section 03, James Henderson PSU | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 293347–293353 |
| 9 | Section 03, James Henderson RSU | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 292842–292848 |
| 10 | Section 08, Daniel J. O’Leary | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 274,278. Filing ↗ |
| 11 | Section 08, Randy I. Stein | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 249,278. Filing ↗ |
| 12 | Section 08, Cathleen M. Osborn | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 249,278. Filing ↗ |
| 13 | Section 08, Linda L. Adamany | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 249,278. Filing ↗ |
| 14 | Section 08, Brian P. Friedman | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 249,278. Filing ↗ |
| 15 | Section 08, Joseph S. Steinberg | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 249,278. Filing ↗ |
| 16 | Section 08, M. Bruce Chernoff | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 243,385. Filing ↗ |
| 17 | Section 08, Gary D. Reaves | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 08, Jamie Benard | DEF 14A | 2026-04-17 | 0001104659-26-044918 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 19 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 20 | Section 09b board cost (computed) | Computed | — | computed | Cash 876,042 + equity 888,011 + all other 0 = 1,764,053, summed across the director compensation table rows.machine: formula: Σ = 1,764,053 |
| 21 | Vitesse Energy (subject), Section 10b CEO total | DEF 14A | 2026-04-17 | 0001104659-26-044918 | CEO total compensation as printed in Vitesse Energy's own proxy. As printed: 3,214,317. Filing ↗machine: r1 · c35 · span 260442–260451 |