VTRS Form 3: Andrew Enrietti Discloses Shares, Options and RSU Vesting Schedules
Rhea-AI Filing Summary
Viatris Inc. (VTRS) Form 3 reports that Andrew Enrietti, identified as an officer and director-level executive (Chief Administrative and Transformation Officer), beneficially owns 130,000 shares of common stock directly and holds multiple employee equity awards. The filing lists vested stock options exercisable between 2026 and 2030 covering 11,697 options and several restricted stock unit grants and dividend equivalent units totaling 99,237 underlying shares scheduled to vest on specified dates between 2026 and 2028.
Positive
- Direct beneficial ownership of 130,000 shares reported, indicating alignment of the officer with shareholder interests
- Detailed vesting schedules for RSUs and options provide transparency on future potential share issuances and timing
- Presence of vested options (exercisable beginning 07/18/2026) shows portions of compensation already earned
Negative
- None.
Insights
TL;DR: Routine Section 16 disclosure showing officer ownership and standard equity grants; no governance red flags.
The Form 3 is an initial beneficial ownership statement for an executive officer. It discloses direct ownership of 130,000 shares and multiple equity awards with defined vesting schedules and exercise prices. From a governance perspective, the filing documents customary compensation-related holdings and contains the required power-of-attorney signature. There is no indication of related-party transactions or unusual arrangements in the disclosed items.
TL;DR: Disclosure shows a mix of vested options and multi-year RSU vesting — typical long-term incentive structure.
The schedule lists vested employee stock options with exercise prices from $17.48 to $45.53 and RSU grants with staggered vesting through 2028. Dividend equivalent units accompany RSU awards and vest on the same schedules. These elements align with common long-term retention incentives used in executive pay programs and clarify the officer's potential equity dilution and timing of future share issuance upon vesting or exercise.