Perrigo (NYSE: PRGO) director gains shares through RSU grant and vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc director Julia M. Brown reported routine equity compensation activity. She received a grant of 16,681 Restricted Stock Units, each representing one ordinary share and vesting on May 13, 2027.
On May 14, 7,305 RSUs vested and were converted into ordinary shares, while 3,507 shares were withheld at $10.84 per share to cover tax obligations. After these transactions, she holds 11,832 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,305 shares exercised/converted
Mixed
4 txns
Insider
Brown Julia M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,305 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,305 | $10.84 | $79K |
| Tax Withholding | Ordinary Shares | 3,507 | $10.84 | $38K |
| Grant/Award | Restricted Stock Units | 16,681 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 15,339 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 on May 13 2027. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 14 May 2026.
Key Figures
Tax-withheld shares: 3,507 shares
Tax withholding price: $10.84 per share
RSUs vested and exercised: 7,305 units/shares
+2 more
5 metrics
Tax-withheld shares
3,507 shares
Ordinary shares withheld to cover taxes at $10.84
Tax withholding price
$10.84 per share
Value used for 3,507-share tax-withholding disposition
RSUs vested and exercised
7,305 units/shares
RSUs converted into ordinary shares on May 14, 2026
New RSU grant
16,681 units
Restricted Stock Units granted, vesting on May 13, 2027
Shares held after transactions
11,832 shares
Ordinary shares directly owned following reported activity
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security, Ordinary Shares
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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 of derivative security financial
"Exercise or conversion of derivative security"
FAQ
What insider transactions did Perrigo (PRGO) director Julia M. Brown report?
Julia M. Brown reported routine equity compensation activity, including a grant of 16,681 Restricted Stock Units and the vesting of 7,305 RSUs into ordinary shares, with 3,507 shares withheld to satisfy tax obligations.
How many Restricted Stock Units did Julia M. Brown receive from Perrigo (PRGO)?
She received 16,681 Restricted Stock Units, each convertible into one Perrigo ordinary share. These RSUs represent a stock-based compensation award and are scheduled to vest on May 13, 2027, subject to applicable vesting conditions.
When do Julia M. Brown’s new Perrigo (PRGO) RSUs vest?
The 16,681 Restricted Stock Units granted to Julia M. Brown are scheduled to vest on May 13, 2027. Vesting means she will then be entitled to receive one ordinary share for each vested unit, assuming conditions are satisfied.
What happened when Julia M. Brown’s Perrigo (PRGO) RSUs vested on May 14, 2026?
On May 14, 7,305 Restricted Stock Units converted into 7,305 ordinary shares. As part of this vesting event, 3,507 ordinary shares were withheld at $10.84 per share to cover associated tax liabilities, a non‑market disposition.