Lyons Dillon JoEllen 4

What Happened
JoEllen Lyons, a director of Viatris Inc. (VTRS), converted/exercised vested derivative awards and received a new RSU grant. The filing shows conversions/exercises (code M) of 23,660 and 1,175 RSU-related units (acquired at $0.00) with corresponding disposal entries of 23,660 and 1,174.492 (derivative) at $0.00. Separately, Lyons was granted 15,890 RSUs (code A) at $0.00. All dollar amounts reported for these entries are $0.00.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (within the usual 2-business-day window).
• Exercise/conversion entries (code M): acquired 23,660 and 1,175 units; matching disposals of 23,660 and 1,174.492 units — all at $0.00.
• Grant/award (code A): 15,890 RSUs awarded at $0.00. Per the filing, the newly awarded RSUs will vest March 6, 2027 (see footnote 4).
• Footnotes: fractional shares were rounded up at settlement (F1); certain RSUs vested in full on March 6, 2026 (F2); dividend equivalent units (DEUs) that accrued on prior RSUs are reflected (F3).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

• Code M indicates exercise or conversion of derivative securities; code A is an award/grant (RSUs). Footnotes clarify that the RSUs represent the right to one share each and that some RSUs vested on March 6, 2026 while the new award vests in 2027.
• The $0.00 amounts and paired acquired/disposed derivative entries are consistent with conversion/settlement and RSU-related accounting rather than a cash purchase or open-market sale. The filing contains no explicit sale for cash to a third party.
• This is a routine insider filing documenting vesting/conversion and a grant; it should not be interpreted as a direct market buy or sell signal on its own.