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 a portion of previously granted restricted stock units (RSUs) vest and convert to common stock on April 15, 2026. About 42,988 shares were issued on conversion (exercise/conversion reported at $0.00 per share). To cover tax liabilities, 17,450 and 1,617 shares were withheld at $13.86 per share, generating withholding amounts of $241,857 and $22,412 respectively (total withheld ≈ $264,269). The filing also shows the RSU settlements recorded as derivative dispositions consistent with vesting/settlement.
Key Details
- Transaction dates: April 15, 2026; Form 4 filed April 16, 2026 (timely).
- Conversion/exercise price: $0.00 (M code — RSU conversion).
- Tax withholding: 17,450 shares ($241,857) and 1,617 shares ($22,412) at $13.86 per share (F code — shares withheld to cover tax liability); total withheld ≈ $264,269.
- Shares issued on vesting/settlement: approximately 42,988 shares (39,344 + 3,644; note one line shows 3,643.834 reflecting fractional rounding).
- Shares owned after transaction: not specified in this filing.
- Notable footnotes: RSUs and associated dividend-equivalent units (DEUs) were from an April 18, 2024 grant; fractional shares were rounded per the award terms; DEUs accrued and vested with the RSUs.
- Filing timeliness: Reported the next day — no late filing flagged.
Context
- This was a routine RSU vesting and settlement with shares withheld to cover tax obligations (a common cashless settlement). There was no open-market sale or purchase reported — the transaction reflects issuance and tax withholding, not a market trade. Such withholdings are administrative and do not necessarily indicate insider buying or selling intent.