Viatris (VTRS) CCO gets RSU shares, covers taxes with stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viatris Inc Chief Commercial Officer Corinne Le Goff reported vesting and settlement of equity awards, along with related tax withholdings. On March 4, 2026, 36,720 restricted stock units granted on April 18, 2024 vested and converted into common stock, as did 3,053 dividend equivalent units. To cover tax liabilities tied to these vestings, 16,300 and 1,355 shares of common stock were withheld at $14.71 per share rather than sold on the open market. After these transactions, she directly owned 57,417 shares of Viatris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
39,772.999 shares exercised/converted
Mixed
6 txns
Insider
Le Goff Corinne
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 36,720 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 3,052.999 | $0.00 | -- |
| Exercise | Common Stock | 36,720 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,300 | $14.71 | $240K |
| Exercise | Common Stock | 3,053 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,355 | $14.71 | $20K |
Holdings After Transaction:
Restricted Stock Units — 36,721 shares (Direct);
Dividend Equivalent Units — 3,053 shares (Direct);
Common Stock — 72,019 shares (Direct)
Footnotes (1)
- Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the restricted stock units (RSUs) granted on April 18, 2024. Fractional shares have been rounded up in connection with the settlement described in footnote 6 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan. Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on April 18, 2024. Each RSU represents the right to receive one share of common stock of Viatris Inc. 36,721 of the RSUs granted on April 18, 2024 vested on March 4, 2025, 36,720 vested on March 4, 2026 and 36,721 will vest on March 4, 2027. Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11. Represents DEUs that accrued with respect to the RSUs previously granted on April 18, 2024 and vest on the same schedule as the underlying RSUs.
FAQ
What insider transactions did Viatris (VTRS) report for Corinne Le Goff?
Viatris reported that Chief Commercial Officer Corinne Le Goff had restricted stock units and dividend equivalent units vest into common stock, with some shares withheld for taxes. These were equity award settlements and tax withholdings, not open-market purchases or discretionary stock sales.
How many Viatris RSUs vested for Corinne Le Goff in this Form 4?
The filing shows 36,720 restricted stock units vested and converted into Viatris common stock on March 4, 2026. These RSUs were part of a grant awarded on April 18, 2024 and followed a scheduled vesting tranche under the company’s 2020 Stock Incentive Plan.
What are dividend equivalent units (DEUs) in the Viatris (VTRS) Form 4?
Dividend equivalent units are additional units that accrue on outstanding RSUs, mirroring dividends on common stock. In this filing, 3,053 DEUs linked to previously granted RSUs converted into Viatris common shares and vest on the same schedule as the underlying RSUs from April 18, 2024.
What is the vesting schedule of Corinne Le Goff’s April 18, 2024 Viatris RSU grant?
The April 18, 2024 RSU grant vests in three tranches: 36,721 RSUs vested on March 4, 2025, 36,720 vested on March 4, 2026, and 36,721 are scheduled to vest on March 4, 2027. Each RSU represents the right to receive one share of Viatris common stock.