VIRTUS (VRTS) EVP Barry Mandinach sells 5,000 common shares in June 16 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIRTUS Investment Partners EVP Barry M. Mandinach reported selling a total of 5,000 shares of VRTS common stock in open-market transactions on June 16, 2026. The sales were executed in two blocks: 4,500 shares at a weighted average price of $144.71 and 500 shares at a weighted average price of $145.25, each across narrow price ranges. In addition to his remaining common stock holdings, his reported position includes restricted stock units scheduled to vest on March 15, 2027, March 15, 2028, and March 15, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($723,820)
Net Sell
2 txns
Insider
Mandinach Barry M.
Role
EVP, Head of Distribution
Sold
5,000 shs ($724K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,500 | $144.71 | $651K |
| Sale | Common Stock | 500 | $145.25 | $73K |
Holdings After Transaction:
Common Stock — 11,315 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.175 to $144.818 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 range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.200 to $145.270 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 range. This number includes (i) 2,041 RSUs that are scheduled to vest on March 15, 2027, (ii) 1,608 RSUs that are scheduled to vest on March 15, 2028, and (iii) 1,031 RSUs that are scheduled to vest on March 15, 2029.
Key Figures
Total shares sold: 5,000 shares
First block sale price: $144.71 per share
Second block sale price: $145.25 per share
+5 more
8 metrics
Total shares sold
5,000 shares
Net open-market sales reported on June 16, 2026
First block sale price
$144.71 per share
Weighted average for 4,500-share sale on June 16, 2026
Second block sale price
$145.25 per share
Weighted average for 500-share sale on June 16, 2026
Lower trade price range
$144.175–$144.818
Price range for trades aggregated into one reported sale
Higher trade price range
$145.200–$145.270
Price range for trades aggregated into the other reported sale
RSUs vesting 2027
2,041 RSUs
Scheduled to vest on March 15, 2027
RSUs vesting 2028
1,608 RSUs
Scheduled to vest on March 15, 2028
RSUs vesting 2029
1,031 RSUs
Scheduled to vest on March 15, 2029
Key Terms
open-market sale, weighted average price, RSUs, restricted stock units
4 terms
open-market sale financial
"transaction_action: open-market sale of common stock shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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) 2,041 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.
restricted stock units financial
"includes RSUs that are scheduled to vest on March 15, 2027, 2028, and 2029"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did VIRTUS (VRTS) executive Barry Mandinach report?
Barry M. Mandinach reported selling 5,000 shares of VIRTUS common stock. The transactions occurred on June 16, 2026, as open-market sales split into two trades, reflecting routine portfolio activity disclosed for regulatory transparency.
What is Barry Mandinach’s role at VIRTUS Investment Partners (VRTS)?
Barry M. Mandinach serves as Executive Vice President and Head of Distribution. His Form 4 filing reflects personal open-market share sales and provides investors transparency into trading by a senior operating executive.
Does Barry Mandinach hold any VIRTUS (VRTS) RSUs after these sales?
His reported holdings include restricted stock units scheduled to vest over time. Footnotes list 2,041 RSUs vesting March 15, 2027, 1,608 RSUs vesting March 15, 2028, and 1,031 RSUs vesting March 15, 2029, separate from the shares sold.