Le Goff Corinne 4
Research Summary
AI-generated summary
Viatris (VTRS) CCO Corinne Le Goff Receives RSUs; Shares Withheld
What Happened
Corinne Le Goff, Chief Commercial Officer of Viatris (VTRS), had restricted stock units (RSUs) vest and settle on March 6, 2026. The filing shows acquisition/settlement activity of 88,984 RSUs (converted to shares) and related conversion entries for vested RSUs. To satisfy tax withholding on the vesting/settlement, 973 shares and 19,588 shares were withheld at $14.16 per share, producing cash withheld of $13,778 and $277,366 respectively (total $291,144). No open-market purchase or sale for cash is reported—this was a compensation-related settlement and withholding.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (check the filing for any timeliness notation).
- Withheld for taxes: 973 shares ($13,778) and 19,588 shares ($277,366); total tax withholding $291,144 at $14.16/share.
- Award/settlement: 88,984 RSUs were reported acquired/settled (derivative award entries). Footnotes indicate these RSUs and dividend-equivalent units (DEUs) accrued and vested per the RSU award schedule.
- Notable footnotes: F1/F3/F6 = share withholding covered tax liabilities for RSU/DEU vesting; F4/F6/F7 describe vesting schedules (e.g., 44,165 of the RSUs granted Mar 6, 2025 vested Mar 6, 2026). F2 notes fractional-share rounding.
- Shares owned after transaction: not specified in the provided excerpt.
Context
- These entries reflect compensation (RSU/DEU vesting and settlement) and tax-withholding—classified as A (award), M (exercise/conversion of derivative), and F (withholding) on the Form 4. Such transactions are routine for executives receiving and settling equity awards and do not represent open-market buying or selling intent.
- For clarity: M = conversion/exercise of derivative (here, RSUs converting into common shares), F = shares withheld to cover taxes, A = award/acquisition.
- Purchases (bullish signal) differ from grant/vesting activity; this report is primarily awards and tax withholding rather than a purchase or voluntary sale.