Campbell Paul 4
Research Summary
AI-generated summary
Viatris (VTRS) Campbell Paul (Chief Accounting Officer) Receives RSUs
What Happened
- Campbell Paul, Viatris’ Chief Accounting Officer and Corporate Controller, had RSUs vest and settle on March 6, 2026 and also received a new RSU grant on the same date.
- About 28,974 RSU-related units (including dividend equivalent units) were converted to common shares; 12,689 shares were withheld at $14.16/share to satisfy tax withholding (total withholding value $179,676). A new award of 56,727 RSUs was granted (no immediate cash value), which vests in future years per the award terms.
- This activity is mostly an equity award settlement and a new grant (not an open-market purchase or discretionary sale).
Key Details
- Transaction date: 2026-03-06 (Form 4 filed 2026-03-10 — timely within the 2 business-day window).
- Withholding price: $14.16 per share; tax withholding total = $171,166 + $8,510 = $179,676 (12,088 + 601 shares withheld).
- RSU settlement: ~28,974 units converted to shares (includes RSUs and accrued dividend equivalent units); 12,689 shares withheld for taxes.
- New grant: 56,727 RSUs granted on 2026-03-06 (vest schedule: 18,909 RSUs vest on each of March 6, 2027, 2028 and 2029 — see footnote F7).
- Prior grant vesting: 27,603 RSUs granted on March 6, 2025 vested on March 6, 2026; remaining 27,602 and 27,603 of that grant vest in 2027 and 2028 respectively (see footnote F4).
- Footnotes: withholding for tax liabilities (F1, F3); fractional shares rounded up (F2); DEUs accrued and settled with RSUs (F5, F6). Each RSU equals one share on settlement (F4, F7).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- This filing reflects routine equity compensation activity: RSU vesting/settlement and a new RSU award. The withholding of shares to pay taxes is a common administrative step (reported as “F” — tax withholding).
- These actions are not an open-market buy or sell that typically signal a change in insider sentiment; they are standard compensation events for executives.