Viatris Inc·4

Mar 10, 7:03 PM ET

Vivaldi Coelho Rogerio 4

4 · Viatris Inc · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Viatris (VTRS) Director Vivaldi Coelho Exercises RSUs, Surrenders Shares

What Happened

  • Director Vivaldi Coelho reported the conversion/exercise of vested restricted stock units (RSUs) on March 6, 2026 and an additional RSU award. Specifically, 23,660 and 1,175 RSUs were converted/ exercised (total 24,835 shares) at $0 per share. On the same date, matching amounts (23,660 and 1,174.492 shares; total ~24,834.492) were recorded as dispositions with $0 proceeds (derivative dispositions). In addition, a grant/award of 15,890 RSUs was recorded (acquired at $0). All reported dollar amounts for these transactions are $0.

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filing appears late vs. the typical 2‑business‑day Section 16 window).
  • Prices and totals: all entries show $0.00 per share and $0 total proceeds/value (typical for RSU vesting/conversion and tax withholding/surrender transactions).
  • Shares involved: conversions/exercises = 23,660 + 1,175 = 24,835 shares; dispositions = 23,660 + 1,174.492 = 24,834.492 shares; new award = 15,890 RSUs.
  • Post‑transaction holdings: not specified in the supplied summary of the filing.
  • Notable footnotes:
    • F1: fractional shares rounded up in settlement.
    • F2: the RSUs converted on March 6, 2026 vested in full on that date.
    • F3: dividend equivalent units (DEUs) accrued on prior RSUs (March 6, 2025 grants) and were exempt under Rule 16a‑11.
    • F4: the 15,890 RSU award will vest on March 6, 2027.

Context

  • These entries reflect RSU vesting/conversion activity (derivative code M) and an RSU grant (A). Dispositions recorded with $0 proceeds commonly represent shares surrendered to the company to satisfy tax withholding or similar settlement mechanics rather than an open‑market sale; the filing itself treats them as derivative dispositions. The new 15,890 RSU award vests in 2027 per the footnote. The filing date suggests a late report, which investors may note as a compliance/timeliness issue but does not by itself indicate trading intent.

Insider Transaction Report

Form 4
Period: 2026-03-06
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-06+23,66045,351 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-06+1,17546,526 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2]
    2026-03-0623,6600 total
    Exercise: $0.00Common Stock (23,660 underlying)
  • Exercise/Conversion

    Dividend Equivalent Units

    [F3]
    2026-03-061,174.4920 total
    Exercise: $0.00Common Stock (1,174.492 underlying)
  • Award

    Restricted Stock Units

    [F4]
    2026-03-06+15,89015,890 total
    Exercise: $0.00Common 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

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4