CORNWELL W DON 4

What Happened W. Don Cornwell, a director of Viatris Inc., had restricted stock units (RSUs) vest on March 6, 2026. The Form 4 shows exercises/conversions of derivative awards (transaction code M) for 23,660 and 1,175 shares (acquired at $0.00) with near-equal derivative dispositions of 23,660 and 1,174.492 shares (also $0.00), and a separate grant/award (transaction code A) of 15,890 shares (acquired at $0.00). All reported transactions show $0.00 per-share price, indicating stock‑based settlements rather than cash purchases.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filing marked late).
• Reported exercises/conversions acquired: 23,660 and 1,175 shares; reported derivative dispositions: 23,660 and 1,174.492 shares. Reported grant/award acquired: 15,890 shares. All at $0.00.
• Net effect reported on the Form 4: the filing shows a grant/award of 15,890 shares after conversion/settlement activity.
• Footnotes: F3 confirms the RSUs vested in full on March 6, 2026; F4 notes dividend equivalent units (DEUs) accrued on prior RSUs and were exempt under Rule 16a‑11; F2 notes fractional shares were rounded per the RSU agreement; F1 and F5 provide additional context on dividend reinvestment and future vesting for other awards.
• Shares owned after the transactions are not specified in the summary data provided in this request.
• Filing timeliness: the report was filed four days after the transactions (filed Mar 10 for Mar 6 activity) and is marked late, which is notable because Form 4s are typically due within two business days.

Context

• These were derivative/RSU settlements (not open‑market purchases or sales for cash). The matched conversion and disposition lines commonly reflect net settlement or withholding actions tied to vesting (e.g., to satisfy tax withholding), while the separate award line reflects the shares ultimately delivered to the insider. The filing is informational and does not, by itself, indicate the insider’s market view.