Viatris (VTRS) director exercises RSUs and receives new stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viatris Inc director W. Don Cornwell increased his equity stake through routine equity awards and vesting. On March 6, 2026 he exercised 23,660 restricted stock units and 1,174.4921 dividend equivalent units into 23,660 and 1,175 shares of common stock, respectively. He also received a new grant of 15,890 restricted stock units that will vest on March 6, 2027.
Following these transactions, he directly holds 112,044 shares of Viatris common stock and 15,890 restricted stock units, reflecting compensation-related activity rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,834.492 shares exercised/converted
Mixed
5 txns
Insider
CORNWELL W DON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,660 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 1,174.492 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 15,890 | $0.00 | -- |
| Exercise | Common Stock | 23,660 | $0.00 | -- |
| Exercise | Common Stock | 1,175 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Dividend Equivalent Units — 0 shares (Direct);
Common Stock — 110,869 shares (Direct)
Footnotes (1)
- On May 6, 2022, Viatris Inc. filed a registration statement on Form S-3 with respect to its Dividend Reinvestment and Share Purchase Plan; amount includes 6,867 shares of common stock as the result of the automatic reinvestment of dividends received on shares of issuer common stock pursuant to a broker-sponsored dividend reinvestment plan between September 2023 and December 2025 in transactions exempt from Section 16 under Rule 16a-11. Fractional shares have been rounded up in connection with the settlement described in footnote 4 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan. Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs vested in full on March 6, 2026. Represents dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on March 6, 2025 and vested on the same schedule as the underlying RSUs. Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11. Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs will vest on March 6, 2027.
FAQ
What insider transactions did Viatris (VTRS) director W. Don Cornwell report?
Viatris director W. Don Cornwell reported exercises of restricted stock units and dividend equivalent units into common stock, plus a new restricted stock unit grant. These are compensation-related equity movements, not open-market share purchases or sales.
What are dividend equivalent units in the Viatris (VTRS) Form 4 filing?
Dividend equivalent units are credits that accumulate on outstanding restricted stock units, mirroring dividends on common stock. Cornwell converted 1,174.4921 dividend equivalent units into 1,175 Viatris common shares in transactions exempt from Section 16 under Rule 16a-11.
What new equity award did Cornwell receive from Viatris (VTRS)?
Cornwell received a grant of 15,890 restricted stock units, each representing one future Viatris common share. These restricted stock units will vest on March 6, 2027, subject to the terms of the Viatris Inc. 2020 Stock Incentive Plan.
Were Cornwell’s Viatris (VTRS) transactions open-market buys or sells?
No, Cornwell’s transactions involved exercising equity awards and receiving a new restricted stock unit grant. The Form 4 shows derivative exercise and award codes, indicating compensation-related activity instead of discretionary open-market purchases or sales of Viatris shares.