Perrigo EVP exercises RSUs, shares withheld for tax

Perrigo Company plc executive Robert Willis reported routine equity compensation activity.

Rhea-AI Filing Summary

Perrigo Company plc executive Robert Willis reported routine equity compensation activity. On June 5, 2026, he exercised 3,441 Restricted Stock Units, converting them into the same number of ordinary shares at a stated price of $0.00 per unit. To cover tax obligations, 1,797 ordinary shares were disposed of at $10.83 per share in a tax-withholding transaction, rather than an open-market sale. After these transactions, he continues to hold more than 50,000 ordinary shares directly, indicating this filing reflects compensation-related movements rather than discretionary buying or selling.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; no open-market trade signal.

Executive vice president and CHRO Robert Willis converted 3,441 Restricted Stock Units into ordinary shares, a standard equity compensation event. Each RSU represents a contingent right to receive one ordinary share, consistent with the footnote description.

To satisfy tax liabilities, 1,797 shares were used in a tax-withholding disposition at $10.83 per share. This F-code transaction is not an open-market sale and does not indicate a change in market view. Following these moves, he still holds over 50,000 ordinary shares directly, so the net change relative to his total position appears modest.

Insider Trade Summary

3,441 shares exercised/converted

Exercise 3 txns

Insider Willis Robert

Role EVP & CHRO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,441	$0.00	$0.00
Exercise	Ordinary Shares	3,441	$10.83	$37K
Exercise Price or Tax Liability	Ordinary Shares	1,797	$10.83	$19K

Holdings After Transaction: Restricted Stock Units — 6,880 contracts (Direct); Ordinary Shares — 50,568 shares (Direct)

Footnotes (2)

1. F1. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
2. F2. 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: 3,441 units Tax-withheld shares: 1,797 shares Tax-withholding price: $10.83 per share +2 more

5 metrics

RSUs exercised 3,441 units Restricted Stock Units converted to ordinary shares on June 5, 2026

Tax-withheld shares 1,797 shares Shares used to satisfy tax liability at $10.83 per share

Tax-withholding price $10.83 per share Price applied to 1,797 shares in F-code disposition

Direct holdings after transaction more than 50,000 shares Post-transaction ordinary share position held directly

Net buy/sell direction neutral (0 shares net) transactionSummary netBuySellShares and netBuySellDirection

Key Terms

Restricted Stock Unit, tax-withholding disposition, derivative security, Ordinary Shares, +1 more

5 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

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.

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.

Ordinary Shares financial

"security_title": "Ordinary Shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Perrigo (PRGO) executive Robert Willis report in this Form 4?

Robert Willis reported routine equity compensation activity. He exercised 3,441 Restricted Stock Units into ordinary shares and had 1,797 shares withheld at $10.83 per share to cover tax obligations, while retaining a direct holding of more than 50,000 ordinary shares.

Did Robert Willis buy or sell Perrigo (PRGO) shares on the open market?

The filing does not show any open-market purchase or sale. It reports an RSU exercise and an F-code tax-withholding disposition, where 1,797 shares were used to pay taxes at $10.83 per share rather than being sold in the market.

How many Perrigo (PRGO) shares were involved in Robert Willis’s RSU exercise?

The RSU exercise covered 3,441 units, each converting into one ordinary share. The derivative transaction shows these Restricted Stock Units converting at a stated price of $0.00 per unit into the same number of Perrigo ordinary shares on June 5, 2026.

How many Perrigo (PRGO) shares were withheld for taxes in this Form 4?

A total of 1,797 ordinary shares were used for tax withholding. The Form 4 lists this as an F-code tax-withholding disposition at a transaction price of $10.83 per share, reflecting payment of tax liability rather than a discretionary market sale.

What is Robert Willis’s approximate Perrigo (PRGO) shareholding after these transactions?

After the reported RSU exercise and tax withholding, Robert Willis directly holds more than 50,000 Perrigo ordinary shares. The non-derivative holdings lines show post-transaction share counts above fifty thousand, indicating he retains a substantial equity position.

What does a Restricted Stock Unit mean in Perrigo (PRGO) filings?

A Restricted Stock Unit in this context represents a contingent right to receive one Perrigo ordinary share. The footnotes specify that each RSU converts into a single share, typically in connection with vesting or settlement under the company’s equity compensation plans.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/08/2026 - 04:02 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Willis Robert

(Last) (First) (Middle)

PERRIGO COMPANY PLC

515 EASTERN AVENUE

(Street)

ALLEGAN MICHIGAN 49010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PERRIGO Co plc [ PRGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHRO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/05/2026		M		3,441	A	$10.83	52,365	D
Ordinary Shares	06/05/2026		F		1,797	D	$10.83	50,568	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/05/2026		M			3,441	(2)	(2)	Ordinary Shares	3,441	(1)	6,880	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.

2. 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.

Remarks:

	/s/ Diana Witt, attorney-in-fact for Mr. Robert Willis	06/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)