Perrigo (PRGO) CFO exercises 9,175 RSUs with 2,235 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc EVP & Chief Financial Officer Eduardo Guarita Bezerra reported routine equity compensation activity. On 5 June 2026, he exercised 9,175 Restricted Stock Units, receiving the same number of ordinary shares at an accounting value of $10.83 per share. To cover related tax obligations, 2,235 ordinary shares were disposed of as a tax-withholding transaction rather than an open-market sale. Following these transactions, he directly holds 86,935 ordinary shares and 18,348 Restricted Stock Units, indicating a net increase in his equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,175 shares exercised/converted
Mixed
3 txns
Insider
Bezerra Eduardo Guarita
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,175 | $0.00 | -- |
| Exercise | Ordinary Shares | 9,175 | $10.83 | $99K |
| Tax Withholding | Ordinary Shares | 2,235 | $10.83 | $24K |
Holdings After Transaction:
Restricted Stock Units — 18,348 shares (Direct, null);
Ordinary Shares — 86,935 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 3 equal annual installments beginning 6 June 2026.
Key Figures
RSUs exercised: 9,175 units
Tax-withholding shares: 2,235 shares
Reference share value: $10.83 per share
+2 more
5 metrics
RSUs exercised
9,175 units
Converted into ordinary shares on 5 June 2026
Tax-withholding shares
2,235 shares
Disposed to cover tax liability on 5 June 2026
Reference share value
$10.83 per share
Accounting value used for transactions on 5 June 2026
Ordinary shares held after
86,935 shares
Direct holdings following Form 4 transactions
RSUs remaining after
18,348 units
Restricted Stock Units outstanding after the exercise event
Key Terms
Restricted Stock Units, derivative security, tax-withholding disposition, exercise or conversion
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
exercise or conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
What insider transaction did Perrigo (PRGO) disclose for CFO Eduardo Bezerra?
Perrigo disclosed that CFO Eduardo Bezerra exercised 9,175 Restricted Stock Units into ordinary shares. As part of the same event, 2,235 shares were withheld to cover tax obligations, making this a compensation-related, non-open-market transaction rather than a standard stock purchase or sale.
What are the key details of the Restricted Stock Units in the Perrigo (PRGO) filing?
Each Restricted Stock Unit equals one Perrigo ordinary share upon settlement. The footnotes explain that these units vest in three equal annual installments beginning 6 June 2026, meaning shares are delivered gradually over time as service-based conditions are met.
Is the Perrigo (PRGO) CFO Form 4 transaction considered routine compensation?
Yes, the Form 4 reflects routine equity compensation activity. The CFO exercised 9,175 Restricted Stock Units and had 2,235 shares withheld for taxes, a standard mechanism for handling tax liabilities on vesting rather than a discretionary investment trade.