PARRISH MARK W 4
4 · Viatris Inc · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Viatris (VTRS) Director Mark Parrish Exercises/Receives RSU Award
What Happened
- Mark W. Parrish, a director of Viatris Inc., had previously granted restricted stock units (RSUs) vest on March 6, 2026 and those RSUs converted into common shares (reported as exercise/conversion of a derivative). The filing shows conversions of 23,660 and 1,175 RSUs (reported as acquired at $0) and corresponding disposals of 23,660 and 1,174.492 shares (derivative disposals at $0). In the same set of transactions, Parrish received a new RSU grant of 15,890 shares (reported as an award/acquisition at $0). No cash changed hands per the filing.
Key Details
- Transaction date(s): March 6, 2026; Form 4 filed March 10, 2026 (timely).
- Reported transactions:
- Exercise/conversion (M): 23,660 shares @ $0.00 (acquired) and 1,175 shares @ $0.00 (acquired).
- Dispositions (derivative): 23,660 shares @ $0.00 and 1,174.492 shares @ $0.00.
- Grant/award (A): 15,890 RSUs @ $0.00 (acquired).
- Vesting/award notes:
- Footnote F2: The RSUs that converted vested in full on March 6, 2026.
- Footnote F4: The 15,890 RSU award will vest on March 6, 2027.
- Footnote F1: Fractional shares were rounded up in settlement.
- Footnote F3: Dividend equivalent units (DEUs) accrued on prior RSUs; those DEU transactions were exempt under Rule 16a‑11.
- Shares owned after the transactions: not specified in the excerpt of the filing.
Context
- These transactions reflect RSU vesting/conversion and a new RSU grant rather than an open‑market buy or sale for cash. The zero dollar prices indicate conversion/award events (no purchase price). It is common in RSU vesting for some shares to be surrendered or sold to cover taxes or fees; the filing reports corresponding derivative disposals but does not state the reason.
Insider Transaction Report
Form 4
Viatris IncVTRS
PARRISH MARK W
Director
Transactions
- Exercise/Conversion
Common Stock
2026-03-06+23,660→ 164,055 total - Exercise/Conversion
Common Stock
[F1]2026-03-06+1,175→ 165,230 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-03-06−23,660→ 0 totalExercise: $0.00→ Common Stock (23,660 underlying) - Exercise/Conversion
Dividend Equivalent Units
[F3]2026-03-06−1,174.492→ 0 totalExercise: $0.00→ Common Stock (1,174.492 underlying) - Award
Restricted Stock Units
[F4]2026-03-06+15,890→ 15,890 totalExercise: $0.00→ Common Stock (15,890 underlying)
Footnotes (4)
- [F1]Fractional shares have been rounded up in connection with the settlement described in footnote 3 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
- [F2]Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs vested in full on March 6, 2026.
- [F3]Represents dividend equivalent units (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.
- [F4]Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs will vest on March 6, 2027.
Signature
/s/ Kevin Macikowski, by power of attorney|2026-03-10