Mistras Theodora 4

What Happened

• Theodora Mistras, Chief Financial Officer of Viatris (VTRS), had restricted stock units (RSUs) vest and be settled and also received a new RSU award on March 6, 2026. Per the filing, 41,711 RSUs granted on March 6, 2025 vested and were converted to shares; dividend-equivalent units (DEUs) tied to those RSUs also settled. To cover tax withholding, a total of 24,213 shares were withheld and disposed (23,067 shares for RSU tax withholding valued at $326,629 and 1,146 shares for DEU withholding valued at $16,227). In addition, Mistras was granted 86,017 new RSUs (no cash cost) on March 6, 2026 with multi-year vesting per the award terms.

Key Details

• Transaction date: March 6, 2026; Form 4 filed: March 10, 2026 (timely filing).
• Tax-withheld sales: 23,067 shares @ $14.16 = $326,629 and 1,146 shares @ $14.16 = $16,227 (total ≈ $342,856).
• Vesting/settlement: 41,711 RSUs (granted 3/6/2025) vested on 3/6/2026; related DEUs also settled.
• New grant: 86,017 RSUs granted 3/6/2026 (vesting schedule: ~28.7k vest each year 2027–2029 — see footnote).
• Fractional shares were rounded up per the award terms.
• Shares owned after the transactions are not specified in the supplied filing excerpts.

Context

• These transactions reflect routine equity compensation activity: RSU vesting/settlement and tax-withholding (codes M = conversion/exercise of derivative; F = shares withheld to satisfy tax liability). The withholding is effectively a cashless way to pay required taxes and should not be interpreted as an open-market sale decision. The filing was submitted within the required reporting window.