Form 4: Viatris Inc. Director Leo Frans Groothuis Reports Stock Transactions

Director Leo Frans Groothuis reports transactions involving Viatris Inc. common stock and restricted stock units, including vesting and tax withholding.

Summary

• On March 3, 2024, Leo Frans Groothuis, a director of Viatris Inc., engaged in transactions involving the company's common stock and restricted stock units (RSUs).
• 21,954 RSUs vested and were settled on March 3, 2024, resulting in the acquisition of 21,954 shares of common stock.
• 330 shares were withheld to cover tax liabilities associated with the vesting of RSUs granted on May 26, 2023, at a price of $12.59 per share.
• 530 dividend equivalent units (DEUs) were also settled, resulting in the acquisition of 530 shares of common stock.
• 8 shares were withheld to cover tax liabilities associated with the vesting of DEUs at a price of $12.59 per share.
• As a result of these transactions, Groothuis directly owns 22,146 shares of Viatris Inc. common stock.
• On March 4, 2024, Groothuis was granted 18,204 RSUs which will vest on March 4, 2025.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The director will receive 18,204 shares of common stock if the RSUs vest on March 4, 2025.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the director's holdings.
• The withholding of shares for tax liabilities could affect the company's cash flow, although the impact is likely minimal.

Key Dates