Viatris (VTRS) director adds shares as RSUs vest and new grant issued
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viatris Inc director Leo Frans Groothuis reported routine equity compensation activity. Restricted stock units and related dividend equivalent units that were previously granted vested and were exercised into common stock on March 6, 2026, with a portion of the resulting shares withheld to cover tax liabilities at $14.16 per share.
On the same date, Groothuis received a new grant of 15,890 restricted stock units, each representing one future share of Viatris common stock that will vest on March 6, 2027. After these vesting, settlement, and tax-withholding transactions, he holds 63,437 shares of Viatris common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,834.492 shares exercised/converted
Mixed
7 txns
Insider
Groothuis Leo Frans
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,660 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 1,174.492 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 15,890 | $0.00 | -- |
| Exercise | Common Stock | 23,660 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,243 | $14.16 | $18K |
| Exercise | Common Stock | 1,175 | $0.00 | -- |
| Tax Withholding | Common Stock | 62 | $14.16 | $877.92 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Dividend Equivalent Units — 0 shares (Direct);
Common Stock — 63,567 shares (Direct)
Footnotes (1)
- Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement 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 5 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 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. These RSUs vested in full on March 6, 2026. Represents DEUs that accrued with respect to the RSUs previously granted on March 6, 2025 and vested on the same schedule as the underlying RSUs. Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11. Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs will vest on March 6, 2027.
FAQ
What did Viatris (VTRS) director Leo Frans Groothuis report in this Form 4?
He reported routine equity compensation activity. Previously granted RSUs and dividend equivalent units vested into common stock, some shares were withheld for taxes, and he received a new RSU grant vesting in 2027, increasing his direct share holdings.
How many new restricted stock units did Viatris (VTRS) grant to Leo Frans Groothuis?
He was granted 15,890 restricted stock units. Each RSU represents the right to receive one share of Viatris common stock, scheduled to vest on March 6, 2027, subject to the original award terms under the company’s 2020 Stock Incentive Plan.
When did Leo Frans Groothuis’s Viatris RSUs and dividend equivalent units vest?
The RSUs and related dividend equivalent units vested and settled on March 6, 2026. At that time they were converted into shares of Viatris common stock, consistent with the one-for-one share rights described in the award footnotes.
Do the Viatris (VTRS) Form 4 transactions involve open-market buying or selling by Leo Frans Groothuis?
The transactions reflect equity awards and tax withholding, not open-market trades. RSUs and dividend equivalent units converted into shares, and a portion of those shares was delivered back to Viatris to satisfy tax obligations tied to the vesting events.