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Viatris Inc·4

Mar 10, 7:03 PM ET

KILTS JAMES M 4

Research Summary

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Viatris (VTRS) Director James Kilts Converts RSUs, Receives RSU Award

What Happened
James M. Kilts, a director of Viatris Inc. (VTRS), had previously granted restricted stock units (RSUs) vest in full on March 6, 2026 and the filing shows conversions/exercises of those derivatives into shares (reported at $0.00). The filing records conversions of 23,660 and 1,175 RSUs into shares and corresponding disposals of 23,660 and 1,174.492 derivative units on March 6, 2026. In addition, Kilts was granted 15,890 RSUs (stock awards) on the same date that will vest on March 6, 2027. All conversion/settlement entries are reported at $0.00, consistent with RSU settlement rather than a market purchase.

Key Details

  • Transaction date(s): March 6, 2026; Form 4 filed March 10, 2026 (filing marked late).
  • Reported conversions/exercises (derivative M): acquisitions of 23,660 and 1,175 shares at $0.00; corresponding disposals of 23,660 and 1,174.492 derivative units at $0.00. Total converted ≈ 24,835 shares; total disposed ≈ 24,834.492 shares.
  • Grant/award (A): 15,890 RSUs @ $0.00 granted on March 6, 2026; these RSUs vest on March 6, 2027 (footnote F4).
  • Footnotes of note:
    • F1: Fractional shares were rounded up in settlement.
    • F2: Each RSU equals the right to one share; the RSUs that vested did so in full on March 6, 2026.
    • F3: Some entries reflect dividend equivalent units (DEUs) related to a March 6, 2025 RSU grant; those DEUs are reported as transactions exempt under Rule 16a-11.
  • Shares owned after the transactions are not specified in the summary provided.

Context

  • These entries reflect RSU vesting/settlement and a new RSU grant rather than an open-market buy or sale; reported $0.00 prices are typical for stock-settled RSU conversions.
  • The filing shows near-immediate dispositions of the converted units (reported as disposals); the filing itself includes notes about rounding and DEUs but does not state the reason for the disposals.
  • The Form 4 was filed a few days after the March 6 transactions and is marked late in the filing — retail investors should note the lateness when evaluating timeliness of insider disclosure.