Viatris (VTRS) CEO boosts equity stake with RSU vesting and new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viatris Inc Chief Executive Officer Scott Andrew Smith reported routine equity compensation activity. On March 6, 2026, 124,519 restricted stock units (RSUs) and 6,181.4237 dividend equivalent units (DEUs) were exercised into common stock, increasing his directly held share count to 1,329,326 shares.
To cover tax liabilities on these vestings, 48,999 and 2,433 shares of common stock were withheld at $14.1600 per share, which are non‑market dispositions. Smith also received a new grant of 256,074 RSUs, scheduled to vest in three equal installments of 85,358 units on March 6 of 2027, 2028, and 2029, and continues to hold 12,362 DEUs tied to earlier awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
130,700.424 shares exercised/converted
Mixed
7 txns
Insider
Smith Scott Andrew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 124,519 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 6,181.424 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 256,074 | $0.00 | -- |
| Exercise | Common Stock | 124,519 | $0.00 | -- |
| Tax Withholding | Common Stock | 48,999 | $14.16 | $694K |
| Exercise | Common Stock | 6,182 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,433 | $14.16 | $34K |
Holdings After Transaction:
Restricted Stock Units — 249,036 shares (Direct);
Dividend Equivalent Units — 12,362 shares (Direct);
Common Stock — 1,374,576 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 6, 2025. 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 6, 2025. Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 124,519 of the RSUs granted on March 6, 2025 vested on March 6, 2026 and 124,518 will vest on each of March 6, 2027 and March 6, 2028. 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 6, 2025 and vest on the same schedule as the underlying RSUs. Each RSU represents the right to receive one share of common stock of Viatris. 85,358 of the RSUs granted on March 6, 2026 will vest on each of March 6, 2027, March 6, 2028, and March 6, 2029.
FAQ
What insider activity did Viatris (VTRS) CEO Scott Andrew Smith report on this Form 4?
Viatris CEO Scott Andrew Smith reported routine equity compensation activity, not open-market trading. RSUs and dividend equivalent units vested and converted into common stock, with some shares withheld to pay taxes, and he also received a new multi-year restricted stock unit grant.
How many Viatris RSUs and DEUs vested for the CEO on March 6, 2026?
On March 6, 2026, 124,519 restricted stock units and 6,181.4237 dividend equivalent units vested for Viatris CEO Scott Andrew Smith. Each unit represents the right to receive one share of Viatris common stock, so these units converted into an equivalent number of common shares.
What new restricted stock unit grant did Viatris (VTRS) award to its CEO?
Viatris granted CEO Scott Andrew Smith 256,074 new restricted stock units on March 6, 2026. According to the filing, 85,358 of these RSUs are scheduled to vest on each of March 6, 2027, March 6, 2028, and March 6, 2029, subject to award terms.
What are dividend equivalent units (DEUs) in the Viatris CEO’s Form 4 filing?
Dividend equivalent units in this filing are units that accrued on outstanding RSUs, mirroring dividends on Viatris shares. 6,181.4237 such DEUs vested and converted into common stock, and 12,362 DEUs remain outstanding, vesting on the same schedule as the related RSU award.