Viatris (VTRS) director reports 684 common shares via trusts
Rhea-AI Filing Summary
Viatris Inc director David S. Simmons filed an amended ownership report showing indirect holdings of 684 shares of common stock held through family trusts. These include 13 shares in a trust for his benefit, 63 shares in a trust for him and his children, 522 shares in a trust for his spouse, and 86 shares in trusts for his children. The filing updates how these indirect, trust-held shares are reported rather than detailing any new stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMMONS DAVID S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 684 shares (Indirect, By Family Trusts)
Footnotes (1)
- F1. These shares are held in family trusts for which the reporting person or his spouse serve as trustee: (i) 13 shares in a trust for the benefit of the reporting person for which the reporting person serves as trustee; (ii) 63 shares in a trust for the benefit of the reporting person and his children for which the reporting person serves as trustee; (iii) 522 shares in a trust for the benefit of the reporting person's spouse for which the reporting person's spouse serves as trustee; and (iv) 86 shares in trusts for the benefit of the reporting person's children for which the reporting person's spouse serves as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Viatris (VTRS) Form 3/A filing report for David S. Simmons?
The Form 3/A shows David S. Simmons indirectly holds 684 Viatris common shares through family trusts. It updates his reported ownership structure but does not disclose any new stock purchases or sales.
Is the Viatris (VTRS) Form 3/A for David S. Simmons a buy or sell transaction?
The Form 3/A does not report a buy or sell transaction. It functions as an amended ownership statement, detailing how 684 Viatris shares are held indirectly through various family trusts associated with David S. Simmons.
Why is David S. Simmons’ Viatris (VTRS) ownership described as indirect?
Ownership is labeled indirect because the 684 Viatris shares are held by family trusts, not directly in his name. The trusts benefit Simmons, his spouse, and their children, with trustee roles described in the filing’s footnote.