Smirl Richard W 4

What Happened
Richard W. Smirl, Chief Operating Officer of Virtus Investment Partners (VRTS), was granted 5,155 restricted stock units (RSUs) on 2026-03-13 at a reported value of $126.11 per share (total $650,097). On the same date 1,121 shares (at $126.11, $141,369) were disposed to the issuer to satisfy tax withholding obligations related to previously vested RSUs.

Key Details

• Transaction date: 2026-03-13. Report filed: 2026-03-17 (timely filing).
• Grant: 5,155 RSUs @ $126.11 — aggregate value $650,097 (code A — award/acquisition).
• Tax withholding: 1,121 shares @ $126.11 — proceeds $141,369 (code F — disposition to issuer to cover taxes).
• Shares owned after transaction: 8,360.7856 shares (per footnote), which includes vested ESPP shares and several tranches of unvested RSUs.
• Footnotes:
  • F1: The 1,121-share disposition was an exempt transfer to the issuer under Rule 16b-3(e) to satisfy tax withholding for vested RSUs.
  • F2: The 5,155 shares are RSUs granted under the 2026 Long Term Incentive Plan, scheduled to vest ratably over the next three years and settle one-for-one in common stock (subject to acceleration in certain cases).
  • F3: The post-transaction ownership figure includes 560.7856 ESPP shares and RSU tranches of 3,401 (vesting 3/15/2027), 2,680 (3/15/2028) and 1,719 (3/15/2029).

Context
This filing reflects a standard equity award (RSUs) to an executive and routine tax-withholding via share surrender to the company — common in compensation settlements and not an open-market sale or purchase. The RSUs are unvested and will convert to shares over time per the vesting schedule.