Viatris (VTRS) officer nets stock from RSU and PRSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viatris Inc officer Paul Campbell reported multiple equity compensation events involving restricted stock units, performance RSUs, dividend equivalent units, and common stock. On March 3, 2026, he received 169,718 performance RSUs, which vested the same day and were converted into common shares, along with vested RSUs and related dividend equivalents from prior grants.
Common shares delivered from these vestings were partly withheld to satisfy tax liabilities, including 74,320 shares at $14.8900 per share and other smaller withholdings at similar prices, as noted in the footnotes. After the March 4, 2026 transactions, Campbell directly held 371,353 shares of common stock, plus 318 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
208,746.017 shares exercised/converted
Mixed
17 txns
Insider
Campbell Paul
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,108 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 1,611.574 | $0.00 | -- |
| Exercise | Common Stock | 17,108 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,492 | $14.71 | $110K |
| Exercise | Common Stock | 1,612 | $0.00 | -- |
| Tax Withholding | Common Stock | 706 | $14.71 | $10K |
| Exercise | Restricted Stock Units | 17,689 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 2,619.443 | $0.00 | -- |
| Grant/Award | Performance Restricted Stock Units(11) | 169,718 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 169,718 | $0.00 | -- |
| Exercise | Common Stock | 17,689 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,868 | $14.89 | $117K |
| Exercise | Common Stock | 2,620 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,148 | $14.89 | $17K |
| Exercise | Common Stock | 169,718 | $0.00 | -- |
| Tax Withholding | Common Stock | 74,320 | $14.89 | $1.11M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 17,108 shares (Direct);
Dividend Equivalent Units — 1,611 shares (Direct);
Common Stock — 377,939 shares (Direct);
Performance Restricted Stock Units(11) — 169,718 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct);
Common Stock — 318 shares (Indirect, By 401(k) Plan)
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 March 3, 2023. Fractional shares have been rounded up in connection with the settlement described in footnote 10 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 March 3, 2023. Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of the performance restricted stock units (PRSUs) granted on March 3, 2023. Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the RSUs granted on March 4, 2024. Fractional shares have been rounded up in connection with the settlement described in footnote 14 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 DEUs that accrued with respect to the RSUs previously granted on March 4, 2024. Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 17,689 of the RSUs granted on March 3, 2023 vested on each of March 3, 2024, March 3, 2025, and March 3, 2026. 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 March 3, 2023 and vest on the same schedule as the underlying RSUs. Amount includes DEUs that accrued with respect to the PRSUs previously granted on March 3, 2023 and vest on the same schedule as the underlying PRSUs. Fractional shares with respect to such DEUs were rounded up pursuant to the terms of the PRSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan. Each PRSU represents the right to receive one share of common stock of Viatris. The PRSUs were initially granted on March 3, 2023, subject to the attainment of previously established three-year performance goals and a vesting period. The PRSUs vested on March 3, 2026. Each RSU represents the right to receive one share of common stock of Viatris. 17,109 of the RSUs granted on March 4, 2024 vested on March 4, 2025, 17,108 vested on March 4, 2026, and 17,108 will vest on March 4, 2027. Represents DEUs that accrued with respect to the RSUs previously granted on March 4, 2024 and vest on the same schedule as the underlying RSUs.
FAQ
What did Viatris (VTRS) officer Paul Campbell report in this Form 4?
Paul Campbell reported equity compensation activity, including vesting and conversion of RSUs, performance RSUs, and dividend equivalent units into common stock. A portion of the resulting shares was withheld to cover tax liabilities, as described in the accompanying footnotes.
How many performance RSUs did Paul Campbell receive from Viatris (VTRS)?
Paul Campbell received a grant of 169,718 performance restricted stock units (PRSUs) that vested on March 3, 2026. Each PRSU represents the right to receive one share of Viatris common stock, subject to previously established three-year performance goals and a vesting period.
What do the dividend equivalent units (DEUs) represent for Viatris (VTRS) awards?
Dividend equivalent units, or DEUs, represent amounts that accrued on outstanding RSUs and PRSUs, mirroring dividends on Viatris common stock. The filing notes these DEUs vest on the same schedule as the underlying awards and were settled into common shares upon vesting.
How were Viatris (VTRS) RSU grants to Paul Campbell structured over time?
The RSUs granted on March 3, 2023 vested in three equal tranches of 17,689 units on March 3 of 2024, 2025, and 2026. RSUs granted on March 4, 2024 vest in three installments of approximately 17,109–17,108 units each year through 2027.