Viatris (NASDAQ: VTRS) exec’s 25K RSUs vest as stock is withheld at $16.23
Rhea-AI Filing Summary
Viatris Inc (VTRS) reported that Chief Administrative and Transformation Officer Andrew Enrietti had restricted stock units (RSUs) and related dividend equivalent units (DEUs) granted on August 15, 2025 vest on August 15, 2026. On that date, 25,134 RSUs and 998.3636 DEUs were converted into common stock. To cover associated tax liabilities on the RSU and DEU settlements, 10,931 and 435 shares of common stock, respectively, were withheld at $16.23 per share. The filing notes that an additional 25,133 RSUs will vest on August 15, 2027 and 25,134 RSUs will vest on August 15, 2028, with DEUs vesting on the same schedule. The Rule 10b5-1 trading plan checkbox was left unchecked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,767 shares
Net Buy
6 txns
Insider
Enrietti Andrew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4 | 25,134 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Units F5, F6 | 998.3636 | $0.00 | $0.00 |
| Exercise | Common Stock | 25,134 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 10,931 | $16.23 | $177K |
| Exercise | Common Stock F2 | 999 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 435 | $16.23 | $7K |
Holdings After Transaction:
Restricted Stock Units — 50,267 shares (Direct);
Dividend Equivalent Units — 1,997 shares (Direct);
Common Stock — 234,444 shares (Direct)
Footnotes (6)
- F1. 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 August 15, 2025.
- F2. 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.
- F3. 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 August 15, 2025.
- F4. Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 25,134 of the RSUs granted on August 15, 2025 vested on August 15, 2026, 25,133 will vest on August 15, 2027 and 25,134 will vest on August 15, 2028.
- F5. Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
- F6. Represents DEUs that accrued with respect to the RSUs previously granted on August 15, 2025 and vest on the same schedule as the underlying RSUs.
Key Figures
RSUs vested: 25,134 shares
Future RSU vesting 2027: 25,133 shares
Future RSU vesting 2028: 25,134 shares
+5 more
8 metrics
RSUs vested
25,134 shares
RSUs granted on August 15, 2025 that vested on August 15, 2026
Future RSU vesting 2027
25,133 shares
RSUs scheduled to vest on August 15, 2027 under the same award
Future RSU vesting 2028
25,134 shares
RSUs scheduled to vest on August 15, 2028 under the same award
DEUs vested
998.3636 units
Dividend equivalent units accrued on RSUs that vested on August 15, 2026
RSU tax withholding shares
10,931 shares
Shares of common stock withheld to cover tax liability on RSU settlement
DEU tax withholding shares
435 shares
Shares withheld to cover tax liability on DEU settlement
Tax withholding price
$16.23 per share
Price used for common stock withheld in code F transactions
RSUs remaining after vest
50,267 units
Restricted stock units reported as remaining after the 25,134-unit vesting
Key Terms
Restricted Stock Units, Dividend Equivalent Units, withholding of shares, Section 16, +1 more
5 terms
Restricted Stock Units financial
"Each RSU represents the right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent Units financial
"Represents DEUs that accrued with respect to the RSUs previously granted"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
Section 16 regulatory
"DEUs that accrued with respect to such RSUs in transactions exempt from Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"transactions exempt from Section 16 under Rule 16a-11"
FAQ
What insider equity activity did Viatris (VTRS) report for Andrew Enrietti on August 15, 2026?
On August 15, 2026, 25,134 RSUs and 998.3636 DEUs granted to Andrew Enrietti vested and were settled into Viatris common stock. The related filing also shows shares withheld to satisfy tax liabilities tied to these settlements.
How many Viatris (VTRS) restricted stock units vested for Andrew Enrietti in 2026 and what remains unvested?
On August 15, 2026, 25,134 RSUs vested for Andrew Enrietti. The award schedule states a further 25,133 RSUs will vest on August 15, 2027 and 25,134 RSUs on August 15, 2028, subject to the original terms.
What are dividend equivalent units (DEUs) in the Viatris (VTRS) Form 4 for Andrew Enrietti?
The filing explains that DEUs are units that accrued on RSUs in transactions exempt under Rule 16a-11. On August 15, 2026, 998.3636 DEUs linked to earlier RSU grants vested and were settled into Viatris common stock.
Were Andrew Enrietti’s Viatris (VTRS) transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, meaning the reported vesting, conversions, and tax-withholding transactions were not affirmatively identified as being executed under a 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
