Viatris (VTRS) director takes 2,756 deferred stock units instead of cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Groothuis Leo Frans reported acquisition or exercise transactions in this Form 4 filing.
Viatris Inc. director Leo Frans Groothuis received a grant of 2,756 deferred stock units (DSUs) on June 30, 2026 as compensation in lieu of cash quarterly non-employee director fees. Each DSU is fully vested and represents one share of Viatris common stock, deliverable upon certain future events such as termination of service or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Groothuis Leo Frans
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 2,756 | $15.88 | $44K |
Holdings After Transaction:
Deferred Stock Units — 2,756 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 2,756 units
Reference share price: $15.88 per share
Underlying common shares: 2,756 shares
+1 more
4 metrics
Deferred stock units granted
2,756 units
Automatic grant on June 30, 2026
Reference share price
$15.88 per share
June 30, 2026 closing price of Viatris common stock
Underlying common shares
2,756 shares
Each DSU represents one share of common stock
Shares following transaction (DSUs)
2,756 units
Total deferred stock units held after grant
Key Terms
Deferred Stock Units, non-employee director fees, change in control
3 terms
Deferred Stock Units financial
"the reporting person was automatically granted 2,756 deferred stock units (DSUs)"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
non-employee director fees financial
"election to receive payment of quarterly non-employee director fees in the form of DSUs"
change in control financial
"upon the earliest of the reporting person's termination of service ... or a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Viatris (VTRS) director Leo Frans Groothuis report?
Leo Frans Groothuis reported receiving 2,756 deferred stock units from Viatris as director compensation. The units were granted automatically instead of cash quarterly fees and are fully vested, each representing one share of common stock to be delivered in the future.
How many Viatris (VTRS) deferred stock units were granted to the director?
The director received 2,756 deferred stock units from Viatris. These units were issued based on the June 30, 2026 closing price and are structured to convert into 2,756 shares of common stock upon specified future triggering events.
Are the Viatris (VTRS) deferred stock units granted to the director immediately vested?
Yes, each deferred stock unit granted to the director is fully vested at grant. Although vested, the DSUs only convert into shares of Viatris common stock upon certain future events, such as termination of service, death, disability, or a change in control.
Was this Viatris (VTRS) director grant a market purchase or a compensation award?
This was a compensation award, not a market purchase. The director elected to receive quarterly non-employee director fees in deferred stock units, which were automatically granted based on Viatris’s June 30, 2026 closing share price instead of receiving cash.