Groothuis Leo Frans 4

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.