Angerthal Michael A 4
4 · VIRTUS INVESTMENT PARTNERS, INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
VIRTUS (VRTS) CFO Michael Angerthal Receives RSU Award
What Happened
Michael A. Angerthal, EVP, Chief Financial Officer & Treasurer of Virtus Investment Partners (VRTS), was granted 5,155 restricted stock units (RSUs) on March 13, 2026 at a grant price of $126.11 each (total grant value ≈ $650,097). On the same date, 772 shares were disposed of (surrendered to the issuer) at $126.11 each (≈ $97,357) to satisfy tax withholding obligations related to vesting.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (check filing for any late-filing notation).
- Grant: 5,155 RSUs @ $126.11 (total ≈ $650,097). (Reporting code A = award/grant.)
- Tax withholding: 772 shares disposed/surrendered @ $126.11 (total ≈ $97,357). (Reporting code F = disposition to satisfy tax withholding.)
- Shares owned after transaction: not specified in the provided data.
- Footnotes:
- F1: The 772-share disposition was an exempt transfer to the issuer under Rule 16b-3(e) to satisfy tax withholding for previously granted RSUs.
- F2: The 5,155 shares are RSUs under the 2026 Long Term Incentive Plan and will be settled one-for-one in common stock upon vesting.
- F3: Vesting schedule: 3,274 RSUs vest on Mar 15, 2027; 2,608 on Mar 15, 2028; 1,719 on Mar 15, 2029 (note totals reflect multi-year ratable vesting and acceleration may apply in limited circumstances).
Context
This was an equity award (not an open-market purchase or sale). RSU grants are a form of compensation and vest over time; the surrender of shares to cover taxes is routine and does not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-13$126.11/sh−772$97,357→ 73,281 total - Award
Common Stock
[F2][F3]2026-03-13$126.11/sh+5,155$650,097→ 78,436 total
Footnotes (3)
- [F1]Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Company's 2023, 2024 and 2025 Long Term Incentive Plans, previously reported and settled with shares by the Reporting Person.
- [F2]These shares comprise an award of RSUs granted to the Reporting Person pursuant to the Company's 2026 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to vest ratably over the next three years and will be settled for shares of common stock on a one-for-one basis upon vesting.
- [F3]This number includes (i) 3,274 RSUs that are scheduled to vest on March 15, 2027, (ii) 2,608 RSUs that are scheduled to vest on March 15, 2028, and (iii) 1,719 RSUs that are scheduled to vest on March 15, 2029.