AYLWARD GEORGE R 4
4 · VIRTUS INVESTMENT PARTNERS, INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
VRTS CEO George Aylward Receives RSU Award; Shares Withheld
What Happened
George R. Aylward, CEO and Director of Virtus Investment Partners (VRTS), was granted 12,688 restricted stock units (RSUs) on 2026-03-13 valued at $126.11 each (total approx. $1,600,084). On the same date 3,940 shares were surrendered (disposed) at $126.11 per share to satisfy tax withholding obligations (proceeds approx. $496,873). The award is an acquisition (RSU grant); the share surrender was a non-market, issuer-exempt disposition to cover taxes.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filing appears timely).
- RSU grant: 12,688 shares @ $126.11 each = ~$1,600,084 (Footnote F2: RSUs under 2026 LTIP, vest ratably over three years).
- Tax withholding: 3,940 shares @ $126.11 each = ~$496,873; disposition exempt to issuer under Rule 16b-3(e) to satisfy tax obligations (Footnote F1).
- Post-transaction holdings (as described in the filing): includes 1,442.104 shares from the Employee Stock Purchase Plan and RSUs scheduled to vest of 9,612 (3/15/2027), 7,307 (3/15/2028) and 4,230 (3/15/2029) (Footnote F3). The filing does not record an open-market sale.
Context
RSU grants are a form of compensation and not an open-market purchase; the withheld/surrendered shares to cover taxes are routine and do not necessarily indicate a change in insider sentiment. The awarded RSUs vest over time and will convert to shares on a one-for-one basis when vested.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-13$126.11/sh−3,940$496,873→ 278,688.52 total - Award
Common Stock
[F2][F3]2026-03-13$126.11/sh+12,688$1,600,084→ 291,376.52 total
- 70.062(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Company's 2023, 2024 and 2025 Long Term Incentive Plans, previously reported and settled with shares by the Reporting Person.
- [F2]These shares comprise an award of RSUs granted to the Reporting Person pursuant to the Company's 2026 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to vest ratably over the next three years and will be settled for shares of common stock on a one-for-one basis upon vesting.
- [F3]This number includes (i) 1,442.104 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 9,612 RSUs that are scheduled to vest on March 15, 2027, (iii) 7,307 RSUs that are scheduled to vest on March 15, 2028, and (iv) 4,230 RSUs that are scheduled to vest on March 15, 2029.