Perrigo EVP exercises 7,701 RSUs at $14.34
EVP & CBDO David Ball exercised 7,701 PRGO RSUs into ordinary shares, with part of the shares withheld to cover exercise price or taxes.
Rhea-AI Filing Summary
PERRIGO Co plc (PRGO) reported that executive vice president and chief business development officer David Ball exercised 7,701 Restricted Stock Units on September 9, 2026, converting them into 7,701 ordinary shares at $14.34 per share. As part of this event, 2,784 ordinary shares were delivered or withheld to pay the exercise price or related tax liability. No Restricted Stock Units remained from this award after the transaction, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,701 shares exercised/converted
Exercise
3 txns
Insider
Ball David
Role
EVP & CBDO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 7,701 | -- | -- |
| Exercise | Ordinary Shares | 7,701 | $14.34 | $110K |
| Exercise Price or Tax Liability | Ordinary Shares | 2,784 | $14.34 | $40K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Ordinary Shares — 11,664 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
- F2. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 2 equal annual installments beginning 9 September 2025.
Key Figures
Restricted Stock Units exercised: 7,701 units
Ordinary shares acquired from RSU conversion: 7,701 shares
Shares delivered or withheld for exercise price or tax liability: 2,784 shares
+2 more
5 metrics
Restricted Stock Units exercised
7,701 units
RSUs converted into Perrigo ordinary shares on September 9, 2026
Ordinary shares acquired from RSU conversion
7,701 shares
Shares received by David Ball upon exercise on September 9, 2026
Shares delivered or withheld for exercise price or tax liability
2,784 shares
Ordinary shares used to satisfy exercise price or tax obligations at $14.34 per share
Share price used in transactions
$14.34 per share
Applied to ordinary share transactions reported on September 9, 2026
Restricted Stock Units remaining from this award
0 units
Total RSUs following the reported exercise for this award
Key Terms
Restricted Stock Units, Ordinary Shares, exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities
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.
exercise or conversion of derivative security financial
"transaction code M reported as Exercise or conversion of derivative security"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction code F described as Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What did PRGO executive David Ball report in this Form 4?
David Ball, EVP & CBDO of PERRIGO Co plc (PRGO), reported exercising 7,701 Restricted Stock Units on September 9, 2026, receiving 7,701 ordinary shares, with 2,784 shares delivered or withheld to pay the exercise price or related tax liability.
What happens to David Ball’s Restricted Stock Units in this PRGO filing?
The filing shows that 7,701 Restricted Stock Units were exercised into ordinary shares, leaving zero units from this specific award after the transaction. Each unit represented a contingent right to receive one Perrigo ordinary share.
AI-generated analysis. How Rhea-AI works. Not financial advice.