Enrietti Andrew 4
4 · Viatris Inc · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Viatris CAO Andrew Enrietti Receives RSUs; Shares Withheld
What Happened Andrew Enrietti, Chief Administrative and Transformation Officer of Viatris (VTRS), reported the vesting/settlement of previously granted restricted stock units (RSUs) and a new RSU award. On March 6, 2026, 19,169 RSUs from the March 6, 2025 grant vested/settled and related dividend-equivalent units (DEUs) were settled; a new grant of 60,435 RSUs was also recorded. To cover tax withholding, 8,337 shares and 415 shares were withheld at $14.16 per share, resulting in proceeds of $118,052 and $5,876 respectively (total withheld value $123,928). The filings show RSU/DEU settlements (derivative exercises) and share withholding rather than an open-market sale or purchase.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filed within the required reporting window).
- Tax withholding: 8,337 shares and 415 shares withheld at $14.16/share to satisfy tax liabilities (total 8,752 shares; ~$123,928).
- RSUs: 19,169 RSUs from the March 6, 2025 grant vested on March 6, 2026 (per footnote). A new grant of 60,435 RSUs was reported (granted March 6, 2026).
- Vesting schedule (per filing): the 2025 grant splits as 19,169 (2026), 19,168 (2027), 19,169 (2028). The 2026 grant vests 20,145 shares on each of March 6, 2027–2029.
- Rounding/fractionals: fractional shares were rounded in settlement (one line shows 951.622 shares rounded up).
- Shares owned after the transaction: not specified in the provided excerpt of the filing—see the full Form 4 for post-transaction ownership.
- Codes explained: X = exercise/settlement of derivative (RSUs/DEUs), F = shares withheld to satisfy tax obligations; these were not open-market sales.
Context This filing reflects routine equity compensation activity: RSU vesting/settlement, DEU settlement, and withholding of shares to cover taxes (a "sell-to-cover" style withholding). It is not an open-market purchase signal. The new 60,435 RSU grant vests over future years per the filing’s schedule and should be treated as compensation rather than an investment purchase.
Insider Transaction Report
- Exercise of In-Money
Common Stock
2026-03-06+19,169→ 227,477 total - Tax Payment
Common Stock
[F1]2026-03-06$14.16/sh−8,337$118,052→ 219,140 total - Exercise of In-Money
Common Stock
[F2]2026-03-06+952→ 220,092 total - Tax Payment
Common Stock
[F3]2026-03-06$14.16/sh−415$5,876→ 219,677 total - Exercise of In-Money
Restricted Stock Units
[F4]2026-03-06−19,169→ 38,337 totalExercise: $0.00→ Common Stock (19,169 underlying) - Exercise of In-Money
Dividend Equivalent Units
[F5][F6]2026-03-06−951.622→ 1,903 totalExercise: $0.00→ Common Stock (951.622 underlying) - Award
Restricted Stock Units
[F7]2026-03-06+60,435→ 60,435 totalExercise: $0.00→ Common Stock (60,435 underlying)
Footnotes (7)
- [F1]Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the restricted stock units (RSUs) granted on March 6, 2025.
- [F2]Fractional shares have been rounded up in connection with the settlement described in footnote 6 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
- [F3]Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on March 6, 2025.
- [F4]Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 19,169 of the RSUs granted on March 6, 2025 vested on March 6, 2026, 19,168 will vest on March 6, 2027 and 19,169 will vest on March 6, 2028.
- [F5]Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
- [F6]Represents DEUs that accrued with respect to the RSUs previously granted on March 6, 2025 and vest on the same schedule as the underlying RSUs.
- [F7]Each RSU represents the right to receive one share of common stock of Viatris. 20,145 of the RSUs granted on March 6, 2026 will vest on each of March 6, 2027, March 6, 2028, and March 6, 2029.