Form 4: Viatris Inc. CFO Theodora Mistras Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Theodora Mistras, CFO of Viatris Inc., reports the vesting and settlement of restricted stock units and dividend equivalent units, along with associated tax withholding.
Summary
- Theodora Mistras, Chief Financial Officer of Viatris Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On January 1, 2025, Ms. Mistras had 23,084 restricted stock units (RSUs) vest, which were granted on January 1, 2024.
- She also had 980.0825 dividend equivalent units (DEUs) vest related to those RSUs.
- To cover the tax liability associated with the vesting, 12,876 shares of common stock were withheld at a price of $12.45 per share.
- Additionally, 523 shares were withheld for the tax liability on the vesting of the DEUs, also at $12.45 per share.
- After these transactions, Ms. Mistras directly owns 10,666 shares of common stock and 980 DEUs.
- 23,085 RSUs will vest on January 1, 2026.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and doesn't inherently indicate positive or negative sentiment.
Future Outlook
23,085 RSUs are scheduled to vest on January 1, 2026.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The vesting of RSUs and DEUs impacts the CFO's personal holdings and potentially aligns her interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Date of grant for the restricted stock units (RSUs) and associated dividend equivalent units (DEUs). |
| 01/01/2025 | Date of vesting and settlement of a portion of the RSUs and DEUs. |
| 01/01/2026 | Date when the remaining 23,085 RSUs are scheduled to vest. |
| 01/03/2025 | Date of the Form 4 filing. |
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