Viatris CEO exercises RSUs, gets new stock grant
Viatris Inc Chief Executive Officer Scott Andrew Smith reported routine equity compensation activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 124,519 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Units | 6,181.4237 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 256,074 | $0.00 | $0.00 |
| Exercise | Common Stock | 124,519 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 48,999 | $14.16 | $694K |
| Exercise | Common Stock | 6,182 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,433 | $14.16 | $34K |
Footnotes (7)
- 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 March 6, 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 March 6, 2025.
- F4. 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.
- 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 March 6, 2025 and vest on the same schedule as the underlying RSUs.
- F7. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Viatris (VTRS) CEO Scott Andrew Smith report on this Form 4?
How many Viatris RSUs and DEUs vested for the CEO on March 6, 2026?
What new restricted stock unit grant did Viatris (VTRS) award to its CEO?
What are dividend equivalent units (DEUs) in the Viatris CEO’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.