Perrigo (PRGO) director reports RSU grant, share conversion and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc director Kevin Francis Egan reported compensation-related equity activity, not open-market trading. On May 13, 2026, he received a grant of 16,681 Restricted Stock Units (RSUs), each representing one ordinary share and vesting on future dates as disclosed.
On May 14, 2026, 7,305 RSUs were converted into the same number of ordinary shares, and 3,507 ordinary shares were disposed of to cover tax obligations at a value of $10.84 per share. Following the tax-withholding disposition, 3,798 ordinary shares from that vesting event remained directly held. No remaining derivative position from the exercised RSUs is shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,305 shares exercised/converted
Mixed
4 txns
Insider
Egan Kevin Francis
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 — 7,305 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
RSU grant: 16,681 units
RSUs converted: 7,305 shares
Tax-withheld shares: 3,507 shares
+4 more
7 metrics
RSU grant
16,681 units
Restricted Stock Units granted on May 13, 2026
RSUs converted
7,305 shares
RSUs converted into ordinary shares on May 14, 2026
Tax-withheld shares
3,507 shares
Shares disposed to cover tax at $10.84 per share
Value per share for tax
$10.84 per share
Applied to 3,507 shares for tax-withholding disposition
Shares remaining from vesting
3,798 shares
Ordinary shares following the tax-withholding transaction
Exercise count
1 exercise
Derivative exercise/conversion event in transaction summary
Tax-withholding events
1 event
Tax-withholding disposition counted in transaction summary
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Ordinary Shares, +1 more
5 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
"transaction_action: tax-withholding disposition for 3,507 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 exercise/conversion financial
"transaction_action: derivative exercise/conversion of Restricted Stock Units into ordinary shares."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition for the RSU grant."
FAQ
What insider transactions did Perrigo (PRGO) director Kevin Francis Egan report?
Kevin Francis Egan reported a grant of 16,681 Restricted Stock Units, the conversion of 7,305 RSUs into ordinary shares, and a tax-withholding disposition of 3,507 shares related to these awards, all as equity compensation rather than open-market trading.
What Restricted Stock Unit grants did Kevin Francis Egan receive from Perrigo (PRGO)?
Kevin Francis Egan received a grant of 16,681 Restricted Stock Units, each convertible into one Perrigo ordinary share. Footnotes state these RSUs vest on specified future dates, with separate tranches including one vesting on May 13, 2027 and another on May 14, 2026.