Virtus Investment Partners (VRTS) CFO offloads 14,975 shares
Rhea-AI Filing Summary
Virtus Investment Partners EVP, CFO & Treasurer Michael A. Angerthal reported sales of a total of 14,975 shares of common stock on August 3, 2026, in transactions described as sales in open market or private transactions. The sales were executed in multiple tranches at weighted-average prices ranging from $163.93 to $170.405 per share.
Footnotes state that the reported remaining holdings include RSUs scheduled to vest on March 15, 2027 (3,274 units), March 15, 2028 (2,608 units) and March 15, 2029 (1,719 units). The Rule 10b5-1 trading plan checkbox was not marked for these transactions.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 14,975 shares
Net Sell
7 txns
Insider
Angerthal Michael A
Role
EVP, CFO & Treasurer
Sold
14,975 shs ($2.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,722 | $164.4749 | $283K |
| Sale | Common Stock F2 | 879 | $165.2118 | $145K |
| Sale | Common Stock F3 | 2,758 | $166.5304 | $459K |
| Sale | Common Stock F4 | 4,568 | $167.4395 | $765K |
| Sale | Common Stock F5 | 2,643 | $168.4109 | $445K |
| Sale | Common Stock F6 | 2,285 | $169.7192 | $388K |
| Sale | Common Stock F7, F8 | 120 | $170.2902 | $20K |
Holdings After Transaction:
Common Stock — 63,461 shares (Direct)
Footnotes (8)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.93 to $164.9175 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 ranges set forth in footnotes (1) to (7) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.065 to $166.05 inclusive.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.11 to $167.1 inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.125 to $167.945 inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.14 to $168.775 inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.16 to $170.15 inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.21 to $170.405 inclusive.
- F8. This number includes (i) 3,274 RSUs that are scheduled to vest on March 15, 2027, (ii) 2,608 RSUs that are scheduled to vest on March 15, 2028, and (iii) 1,719 RSUs that are scheduled to vest on March 15, 2029.
Key Figures
Shares sold: 14,975 shares
Lowest reported sale price: $163.93 per share
Highest reported sale price: $170.405 per share
+3 more
6 metrics
Shares sold
14,975 shares
Total Virtus common shares sold by EVP, CFO & Treasurer on 2026-08-03
Lowest reported sale price
$163.93 per share
Low end of weighted-average price ranges for the August 3, 2026 sales
Highest reported sale price
$170.405 per share
High end of weighted-average price ranges for the August 3, 2026 sales
RSUs vesting 2027
3,274 RSUs
Restricted stock units scheduled to vest on March 15, 2027, included in reported holdings
RSUs vesting 2028
2,608 RSUs
Restricted stock units scheduled to vest on March 15, 2028, included in reported holdings
RSUs vesting 2029
1,719 RSUs
Restricted stock units scheduled to vest on March 15, 2029, included in reported holdings
Key Terms
weighted average price, RSUs, Rule 10b5-1 trading plan
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
RSUs financial
"This number includes (i) 3,274 RSUs that are scheduled to vest..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Rule 10b5-1 trading plan regulatory
"aff_10b5_one is the Rule 10b5-1 trading plan checkbox."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did VRTS CFO Michael Angerthal report in this Form 4?
VRTS CFO Michael Angerthal reported selling 14,975 shares of Virtus Investment Partners common stock on August 3, 2026. The transactions were coded as sales in open market or private transactions and were executed across multiple price ranges that day.
Were the VRTS insider sales made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not checked, so these sales were not affirmed as executed under a Rule 10b5-1 trading plan. No footnote language describes them as pre-arranged plan trades.
What RSU awards does the VRTS CFO continue to hold after these sales?
Footnotes state the CFO’s reported holdings include 3,274 RSUs vesting on March 15, 2027, 2,608 RSUs vesting on March 15, 2028, and 1,719 RSUs vesting on March 15, 2029, in addition to other common stock holdings.
What position does Michael Angerthal hold at Virtus Investment Partners (VRTS)?
Michael A. Angerthal serves as EVP, CFO & Treasurer of Virtus Investment Partners (VRTS). The reported transactions therefore reflect trading activity by a senior financial executive with direct ownership of the company’s common stock and RSU awards.