Fleming Susan S. 4

What Happened

• Susan S. Fleming, a director of VIRTUS INVESTMENT PARTNERS, INC. (VRTS), sold a total of 3,322 shares in open-market transactions on February 11, 2026. The sale broke down as: 1,000 shares at $142.22 ($142,220); 171 shares at $142.75 ($24,410); and 2,151 shares at $142.32 ($306,130). Total proceeds were roughly $472,760. These were sales (transaction code S), not purchases or option exercises.

Key Details

• Transaction date: 2026-02-11 (all trades executed that date).
• Reported prices: per-lot prices above; filing notes the reported price is a weighted average and actual trade prices ranged from $141.92 to $142.49 (see footnote F1).
• Total shares sold: 3,322; total proceeds: ≈ $472,760.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnote: F1 states the Column 4 price is a weighted average and the reporter can provide the number of shares sold at each separate price on request.
• Filing timeliness: the Form 4 was filed with a report date of 2026-02-11 (no late-filing indication in the provided data).

Context

• These were open-market sales by a company director. Sales can be for many personal reasons (liquidity, diversification, tax obligations) and the filing does not state a motive. Unlike purchases, sales generally provide less indication of a director’s positive view of the company; treat this as factual reporting of insider activity rather than a signal to buy or sell.