Virtus (VRTS) director gets 779-share stock award as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weisenseel John C reported acquisition or exercise transactions in this Form 4 filing.
Virtus Investment Partners director John C. Weisenseel received an equity award of company stock. On May 20, 2026, he was granted 779 shares of Virtus common stock at $137.93 per share as part of his compensation for serving on the Board of Directors.
Following this grant, Weisenseel directly holds 1,388 shares of Virtus common stock. The award was made under the company’s Amended and Restated Omnibus Incentive and Equity Plan and is subject to the firm’s share ownership guidelines for directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weisenseel John C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 779 | $137.93 | $107K |
Holdings After Transaction:
Common Stock — 1,388 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 779 shares
Grant price per share: $137.93 per share
Total shares owned after grant: 1,388 shares
+1 more
4 metrics
Shares granted
779 shares
Common Stock grant on May 20, 2026
Grant price per share
$137.93 per share
Valuation for Common Stock award
Total shares owned after grant
1,388 shares
Direct holdings following the award
Transaction code
A (grant, award, or other acquisition)
Non-derivative Form 4 transaction
Key Terms
Amended and Restated Omnibus Incentive and Equity Plan, Common Stock, Grant, award, or other acquisition, Board of Directors
4 terms
Amended and Restated Omnibus Incentive and Equity Plan financial
"in accordance with the Company's Amended and Restated Omnibus Incentive and Equity Plan"
Common Stock financial
"Common Stock issued as a portion of the Reporting Person's compensation"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction code description indicates Grant, award, or other acquisition"
Board of Directors financial
"compensation as a member of the Board of Directors in accordance"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did VRTS director John C. Weisenseel report?
John C. Weisenseel reported receiving 779 shares of Virtus common stock as a compensation grant. The shares were awarded for his service on the Board of Directors under the company’s omnibus incentive and equity plan, not through an open-market purchase or sale.
At what price was the VRTS stock award to John C. Weisenseel valued?
The 779-share award to John C. Weisenseel was valued at $137.93 per share. This price is the grant valuation used for the compensation stock, reflecting how the company measures the equity portion of his director compensation on the grant date.
Was the VRTS transaction a market buy or sell by John C. Weisenseel?
The transaction was not a market buy or sell. It is coded as a grant or award acquisition, meaning the company issued 779 shares to John C. Weisenseel as part of his board compensation, rather than him purchasing or selling shares in the open market.
Under what plan was the VRTS stock granted to John C. Weisenseel?
The shares were issued under Virtus Investment Partners’ Amended and Restated Omnibus Incentive and Equity Plan. This plan governs equity-based compensation for eligible participants and requires director awards to comply with the company’s established share ownership guidelines.