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Viatris Inc·4

Mar 10, 7:03 PM ET

Enrietti Andrew 4

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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.