Viatris (VTRS) CFO logs RSU vesting, tax share withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viatris Inc Chief Financial Officer Theodora Mistras reported equity award activity tied to previously granted restricted stock units. On March 4, 2026, restricted stock units and related dividend equivalent units granted on March 4, 2024 vested and were converted into shares of common stock.
She acquired 31,149 shares of common stock from RSUs and 2,935 shares from dividend equivalent units through exercises at $0.00 per share, and had 17,226 and 1,624 shares of common stock withheld at $14.71 per share to cover tax liabilities. After these transactions, she held 51,076 shares of Viatris common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,083.797 shares exercised/converted
Mixed
6 txns
Insider
Mistras Theodora
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 31,149 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 2,934.797 | $0.00 | -- |
| Exercise | Common Stock | 31,149 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,226 | $14.71 | $253K |
| Exercise | Common Stock | 2,935 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,624 | $14.71 | $24K |
Holdings After Transaction:
Restricted Stock Units — 31,149 shares (Direct);
Dividend Equivalent Units — 2,934 shares (Direct);
Common Stock — 66,991 shares (Direct)
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 4, 2024. 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. 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 4, 2024. Each RSU represents the right to receive one share of common stock of Viatris Inc. 31,149 of the RSUs granted on March 4, 2024 vested on each of March 4, 2025 and March 4, 2026, and 31,149 will vest on March 4, 2027. 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 4, 2024 and vest on the same schedule as the underlying RSUs.
FAQ
What did Viatris (VTRS) CFO Theodora Mistras report in this Form 4?
Viatris CFO Theodora Mistras reported vesting and settlement of restricted stock units and related dividend equivalent units. These awards converted into common shares, with a portion of the shares withheld to satisfy tax liabilities associated with the March 4, 2026 vesting event.
What are the dividend equivalent units (DEUs) mentioned in the Viatris Form 4?
Dividend equivalent units are credits that accrue on restricted stock units in lieu of cash dividends. In this filing, DEUs that accrued on RSUs granted March 4, 2024 vested on the same schedule as the RSUs and were settled into Viatris common shares on March 4, 2026.
What future vesting remains from the CFO’s March 4, 2024 Viatris RSU grant?
The footnotes state that 31,149 RSUs from the March 4, 2024 grant vested on March 4, 2025 and March 4, 2026, and that 31,149 RSUs remain scheduled to vest on March 4, 2027, following the same multi-year vesting structure.