Groothuis Leo Frans 4
4 · Viatris Inc · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Viatris (VTRS) Director Leo Groothuis Receives RSU Award; Shares Withheld
What Happened
Leo Groothuis, a director of Viatris Inc. (VTRS), had restricted stock units (RSUs) and related derivative units settle/convert on March 6, 2026. The filing shows a grant/settlement that resulted in 15,890 shares acquired (RSU settlement) and conversion/exercise-type entries for related derivative units. To satisfy tax withholding and related obligations, a total of 1,305 shares were withheld (disposed) at $14.16 per share, totaling $18,479. All RSUs in question vested in full on March 6, 2026.
Key Details
- Transaction date: March 6, 2026. Exercise/conversion and settlement entries reported the same date.
- Tax withholding: 1,243 shares withheld ($17,601) + 62 shares withheld ($878) = 1,305 shares withheld total; withholding price reported $14.16/share; total cash value $18,479. (Code F = tax withholding)
- Award/settlement: 15,890 RSU shares acquired (Code A); several exercise/conversion (Code M) entries reflect conversion/settlement of derivative units. Some fractional shares were rounded up per the award terms.
- Footnotes of note: F1 = withholding for RSU tax liability; F3 = withholding for dividend equivalent units (DEUs); F4/F5 = RSUs and DEUs vested on March 6, 2026; F2 = rounding of fractional shares.
- Shares owned after the transaction are not reported in the provided summary of this Form 4.
- No late-filing indication is noted in the provided filing.
Context
This was not an open-market purchase or voluntary sale: it reflects routine vesting/settlement of equity awards and conversion of related derivative units, with shares withheld to cover taxes (common practice). For retail investors, such award settlements are generally compensation-related and do not necessarily signal the director’s market view.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-06+23,660→ 63,567 total - Tax Payment
Common Stock
[F1]2026-03-06$14.16/sh−1,243$17,601→ 62,324 total - Exercise/Conversion
Common Stock
[F2]2026-03-06+1,175→ 63,499 total - Tax Payment
Common Stock
[F3]2026-03-06$14.16/sh−62$878→ 63,437 total - Exercise/Conversion
Restricted Stock Units
[F4]2026-03-06−23,660→ 0 totalExercise: $0.00→ Common Stock (23,660 underlying) - Exercise/Conversion
Dividend Equivalent Units
[F5]2026-03-06−1,174.492→ 0 totalExercise: $0.00→ Common Stock (1,174.492 underlying) - Award
Restricted Stock Units
[F6]2026-03-06+15,890→ 15,890 totalExercise: $0.00→ Common Stock (15,890 underlying)
Footnotes (6)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs vested in full on March 6, 2026.
- [F5]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.
- [F6]Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs will vest on March 6, 2027.