AYLWARD GEORGE R 4

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.