STOCK TITAN

Viatris (VTRS) director exercises RSUs and receives new stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CORNWELL W DON

(Last) (First) (Middle)
1000 MYLAN BOULEVARD

(Street)
CANONSBURG PA 15317

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Viatris Inc [ VTRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 M 23,660 A $0 110,869(1) D
Common Stock 03/06/2026 M 1,175(2) A $0 112,044 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0 03/06/2026 M 23,660 (3) (3) Common Stock 23,660 $0 0 D
Dividend Equivalent Units $0 03/06/2026 M 1,174.4921 (4) (4) Common Stock 1,174.4921 $0 0 D
Restricted Stock Units $0 03/06/2026 A 15,890 (5) (5) Common Stock 15,890 $0 15,890 D
Explanation of Responses:
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.
2. 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.
3. Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs vested in full on March 6, 2026.
4. 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.
5. Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs will vest on March 6, 2027.
/s/ Kevin Macikowski, by power of attorney 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Viatris (VTRS) shares did Cornwell acquire through RSU vesting?

Cornwell exercised 23,660 restricted stock units into 23,660 shares of Viatris common stock. These units vested in full on March 6, 2026, converting previously granted equity awards into directly held shares without an open-market transaction.

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.

How many Viatris (VTRS) shares does Cornwell hold after these transactions?

After the reported transactions, Cornwell directly holds 112,044 shares of Viatris common stock and 15,890 restricted stock units. This reflects his updated ownership position from equity compensation, rather than from buying or selling shares on the open market.

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.
Viatris Inc Ord Shs

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