MARK RICHARD A 4

4 · Viatris Inc · Filed Mar 10, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

Viatris (VTRS) Director Mark Richard Exercises RSUs, Receives Award

What Happened

Mark Richard, a director of Viatris Inc., had RSUs vest/convert on March 6, 2026. The filing shows conversion/exercise entries totaling 24,835 shares acquired at $0.00 and nearly the same number (≈24,834.492) disposed at $0.00 (derivative settlement). In addition, he was granted 15,890 RSUs (no cash exchanged) that will vest on March 6, 2027.
All reported transactions show $0.00 per share, indicating internal settlement/conversion of derivative awards rather than open-market purchases or cash sales.

Key Details

Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filing marked late).
Converted/acquired: 23,660 + 1,175 = 24,835 shares (exercise/conversion of derivatives) at $0.00.
Disposed/settled: 23,660 + 1,174.492 ≈ 24,834.492 shares (listed as derivative disposals) at $0.00 — likely a settlement/withholding action tied to the vesting.
Grant: 15,890 RSUs awarded on March 6, 2026; these RSUs vest March 6, 2027 (each RSU = 1 share).
Dividend equivalent units (DEUs) accrued on prior RSUs were also settled/exempt under Rule 16a‑11 (per footnote).
Shares owned after the transaction: not specified in the filing.
Filing timeliness: reported late (implication: administrative delay in disclosure).

Context

These are derivative/RSU transactions (code M for exercise/conversion, code A for grant). The $0.00 amounts and near-equal acquired/disposed totals typically reflect conversion of RSUs and share settlement/withholding rather than a market sale or purchase that would signal buying/selling intent.
New RSU grant (15,890) vests next year, so it is a future compensation award rather than an immediate change in tradable shares.

Form 4

Period: 2026-03-06

Director

Transactions

Exercise/Conversion
Common Stock
2026-03-06+23,660→ 114,970 total
Exercise/Conversion
Common Stock
[F1]
2026-03-06+1,175→ 116,145 total
Exercise/Conversion
Restricted Stock Units
[F2]
2026-03-06−23,660→ 0 total
Exercise: $0.00→ Common Stock (23,660 underlying)
Exercise/Conversion
Dividend Equivalent Units
[F3]
2026-03-06−1,174.492→ 0 total
Exercise: $0.00→ Common Stock (1,174.492 underlying)
Award
Restricted Stock Units
[F4]
2026-03-06+15,890→ 15,890 total
Exercise: $0.00→ Common Stock (15,890 underlying)

Footnotes (4)

[F1]Fractional shares have been rounded up in connection with the settlement described in footnote 3 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
[F2]Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs vested in full on March 6, 2026.
[F3]Represents dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on March 6, 2025 and vested on the same schedule as the underlying RSUs. Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
[F4]Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs will vest on March 6, 2027.

Signature

/s/ Kevin Macikowski, by power of attorney|2026-03-10

1 file