Purkalitis Andra C 4

What Happened

• Andra C. Purkalitis, EVP and Chief Legal Officer of Virtus Investment Partners (VRTS), was granted 2,578 restricted stock units (RSUs) on March 13, 2026 at an indicated price of $126.11 per share (grant value ≈ $325,112). On the same date, 390 shares were delivered back to the issuer to satisfy tax withholding obligations (390 × $126.11 ≈ $49,183). The withholding was an exempt disposition to the issuer under Rule 16b-3(e) to cover taxes from RSU vesting.

Key Details

• Transaction date: 2026-03-13; price used for both entries: $126.11/share.
• Grant: 2,578 RSUs (transaction code A) valued at ≈ $325,112.
• Withholding: 390 shares surrendered to issuer for tax withholding (transaction code F) valued at ≈ $49,183.
• Holdings after transaction (as reported/in footnote): includes ~71.406 shares from the ESPP and RSUs scheduled to vest as follows — 2,349 RSUs on 3/15/2027, 1,340 RSUs on 3/15/2028, and 860 RSUs on 3/15/2029 (totaling roughly 4,620.4 shares when combined with the ESPP shares).
• Vesting/settlement: The 2026 RSU award vests ratably over the next three years (subject to acceleration in certain circumstances) and will be settled one-for-one in common stock upon vesting (per footnote).
• Filing timeliness: Form 4 filed 2026-03-17 for the 2026-03-13 transactions; this filing appears to be timely (within required reporting window).

Context

• This report reflects a routine equity award (RSUs) to an executive and the common practice of withholding shares to cover taxes; the withholding is not an open-market sale and should be viewed as an administrative transaction rather than a discretionary sale.