Viatris Inc·4

Mar 10, 7:03 PM ET

FINNEY ELISHA W 4

Research Summary

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Viatris (VTRS) Director Elisha Finney Exercises RSUs, Receives RSU Award

What Happened

Elisha W. Finney, a director of Viatris Inc. (VTRS), had several derivative/RSU transactions on March 6, 2026. The filing shows conversions/exercises of RSUs and related settlements (M): 23,660 shares and 1,175 shares were reported as acquired on conversion, and matching disposals of 23,660 and 1,174.492 shares were reported as disposed (all at $0.00). In addition, Finney received a grant/award (A) of 15,890 RSUs (reported at $0.00). The conversions/settlements and the new RSU award are routine equity compensation events rather than open‑market purchases or sales.

Key Details

  • Transaction date(s): March 6, 2026; Form 4 filed March 10, 2026 (timely).
  • Derivative exercises/conversions (code M): acquired 23,660 and 1,175 shares @ $0.00; disposals of 23,660 and 1,174.492 shares @ $0.00.
  • Grant/award (code A): 15,890 RSUs @ $0.00 (new award).
  • Post-transaction shares owned: not specified in the provided filing details.
  • Notable footnotes:
    • F1: Fractional shares were rounded up during settlement.
    • F2: Certain RSUs represented the right to one common share and vested in full on March 6, 2026.
    • F3: Some amounts reflect dividend equivalent units (DEUs) accrued with prior RSUs; those DEUs were exempt under Rule 16a‑11.
    • F4: The 15,890 RSU award will vest on March 6, 2027.

Context

  • Derivative explanation: The M-code entries reflect conversion/exercise of RSUs or similar derivative awards; the paired disposal entries at $0.00 indicate shares were settled/transferred as part of the payout process (e.g., rounding/settlement mechanics or DEU treatment), not an open‑market sale at market price.
  • The A-code grant is an award of RSUs that vest in the future (per F4), which is a common form of director compensation and not an immediate purchase signal.
  • These transactions are compensation-related and routine for insiders; they should be interpreted differently from open-market buys or sells when assessing insider sentiment.