Perrigo (PRGO) interim CEO Albert Manzone awarded 1,069 RSUs on shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manzone Albert reported acquisition or exercise transactions in this Form 4 filing.
Perrigo Company plc interim President and CEO Albert Manzone received a grant of 1,069 Restricted Stock Units (RSUs) on Ordinary Shares. Each RSU represents a contingent right to receive one ordinary share, vesting on June 12, 2027. Following these transactions, he holds 16,353 Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Manzone Albert
Role
Interim President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,069 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,069 shares (Direct, null);
Ordinary Shares — 16,353 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 June 12 2027.
Key Figures
RSUs granted: 1,069 units
Underlying shares for RSUs: 1,069 Ordinary Shares
Shares held after transaction: 16,353 Ordinary Shares
+2 more
5 metrics
RSUs granted
1,069 units
Restricted Stock Units granted on Ordinary Shares
Underlying shares for RSUs
1,069 Ordinary Shares
Each RSU equals one Ordinary Share
Shares held after transaction
16,353 Ordinary Shares
Direct ownership after reported transactions
RSU vesting date
June 12, 2027
Vesting date for granted RSUs
RSU acquisition transactions
1 transaction
Grant, award, or other acquisition (code A)
Key Terms
Restricted Stock Units, Ordinary Shares, contingent right, Form 4
4 terms
Restricted Stock Units financial
"The 1,069 Restricted Stock Units granted to Albert Manzone vest on June 12, 2027."
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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
Form 4 regulatory
"The Form 4 does not report any open-market purchases or sales."
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
What did Perrigo (PRGO) interim CEO Albert Manzone report in this Form 4?
Albert Manzone reported receiving a grant of 1,069 Restricted Stock Units on Perrigo Ordinary Shares. The filing also shows he directly holds 16,353 Ordinary Shares after the reported transactions, reflecting his current equity position in the company.
How many Restricted Stock Units did Perrigo (PRGO) grant to Albert Manzone?
Perrigo granted Albert Manzone 1,069 Restricted Stock Units. Each unit represents a contingent right to receive one Perrigo Ordinary Share, so this grant can convert into 1,069 shares if the vesting conditions are satisfied according to the award terms.
When do Albert Manzone’s new Perrigo (PRGO) RSUs vest?
The 1,069 Restricted Stock Units granted to Albert Manzone vest on June 12, 2027. Vesting means the units convert into the right to receive Perrigo Ordinary Shares, subject to any continued service or other conditions specified in the award documents.
What does each Perrigo (PRGO) Restricted Stock Unit represent for Albert Manzone?
Each Restricted Stock Unit represents a contingent right to receive one Perrigo Ordinary Share. The units do not provide actual shares until they vest, at which point they can settle into Ordinary Shares according to the company’s equity plan.