STOCK TITAN

Perrigo (PRGO) EVP converts 2,070 RSUs, with 1,081 shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Perrigo Company plc executive Robert Willis reported routine equity compensation activity. He exercised 2,070 Restricted Stock Units into an equal number of ordinary shares at a reported price of $10.85 per share. To cover tax obligations, 1,081 ordinary shares were withheld, leaving him with 48,924 shares held directly after the transactions.

Positive

  • None.

Negative

  • None.
Insider Willis Robert
Role EVP & CHRO
Type Security Shares Price Value
Exercise Restricted Stock Units 2,070 $0.00 --
Exercise Ordinary Shares 2,070 $10.85 $22K
Tax Withholding Ordinary Shares 1,081 $10.85 $12K
Holdings After Transaction: Restricted Stock Units — 2,070 shares (Direct); Ordinary Shares — 50,005 shares (Direct)
Footnotes (1)
  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 5 April 2025.
RSUs exercised 2,070 units Restricted Stock Units converted to ordinary shares on 2026-04-02
Shares acquired on exercise 2,070 shares Ordinary shares received at $10.85 per share
Shares withheld for taxes 1,081 shares Tax-withholding disposition at $10.85 per share
Shares held after transaction 48,924 shares Direct ownership following Form 4 transactions
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 exercise/conversion financial
"transaction_action: derivative exercise/conversion for 2,070 Restricted Stock Units."
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 1,081 ordinary shares."
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.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares04/02/2026M2,070A$10.8550,005D
Ordinary Shares04/02/2026F1,081D$10.8548,924D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/02/2026M2,070 (2) (2)Ordinary Shares2,070(1)2,070D
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 5 April 2025.
Remarks:
/s/ Diana Witt, attorney-in-fact for Mr. Robert Willis04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Perrigo (PRGO) executive Robert Willis report?

Robert Willis, EVP & CHRO of Perrigo, exercised 2,070 Restricted Stock Units into ordinary shares and had 1,081 shares withheld to cover taxes. These actions are compensation-related rather than open-market buying or selling, reflecting standard equity award settlement mechanics.

How many Perrigo (PRGO) shares does Robert Willis hold after this Form 4?

After the reported transactions, Robert Willis directly holds 48,924 Perrigo ordinary shares. This figure reflects the 2,070 shares received from exercising Restricted Stock Units, net of 1,081 shares withheld by the company to satisfy tax obligations tied to the equity award.

Were Robert Willis’s Perrigo (PRGO) transactions open-market buys or sells?

The filing shows no open-market purchases or sales. Instead, Willis exercised 2,070 Restricted Stock Units and then 1,081 shares were disposed of through tax-withholding, a non-market mechanism where the issuer retains shares to satisfy tax liabilities on the award.

What does the tax-withholding disposition mean in the Perrigo (PRGO) Form 4?

The tax-withholding disposition reflects 1,081 Perrigo ordinary shares withheld at $10.85 per share to cover taxes on the equity award. This F-code transaction is not a traditional market sale; it is an administrative step to satisfy required tax obligations on the vested units.

What are the Restricted Stock Units reported for Perrigo (PRGO) in this filing?

Each Restricted Stock Unit represents a contingent right to receive one Perrigo ordinary share. In this filing, 2,070 units were exercised into 2,070 ordinary shares, as part of Willis’s existing equity compensation, rather than a new grant or a cash purchase in the market.