Form 4: Viatris Inc. CEO Scott Smith Reports Stock Transactions

Viatris Inc. CEO Scott Andrew Smith reports the vesting and settlement of restricted stock units and dividend equivalent units, along with associated tax withholding.

Summary

• On March 3, 2024, Scott Andrew Smith, CEO of Viatris Inc., reported transactions involving common stock and derivative securities.
• These transactions include the vesting and settlement of 135,829 restricted stock units (RSUs) granted on April 1, 2023, resulting in the acquisition of 135,829 shares of common stock.
• Smith also disposed of 53,449 shares to cover tax liabilities associated with the RSU vesting at a price of $12.59 per share.
• Additionally, 4,898 dividend equivalent units (DEUs) were settled, resulting in the acquisition of 4,898 shares.
• 1,928 shares were withheld for tax liabilities related to the DEU settlement at $12.59 per share.
• Following these transactions, Smith directly owns 85,350 shares of Viatris Inc. common stock.
• On March 4, 2024, Smith acquired 277,509 restricted stock units that vest in three equal annual installments beginning on March 4, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by the CEO, with no inherent positive or negative sentiment.

Future Outlook

The reporting person will receive shares of Viatris common stock as the remaining RSUs vest on March 3, 2025 and March 3, 2026. The 277,509 restricted stock units vest in three equal annual installments beginning on March 4, 2025.

Industry Context

Form 4 filings are standard practice for company insiders, like the CEO, to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in the CEO's holdings.

Key Dates