Perrigo (PRGO) EVP & CBDO David Ball awarded 26,339 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ball David reported acquisition or exercise transactions in this Form 4 filing.
Perrigo Company plc executive David Ball, EVP & CBDO, reported updated holdings and a new equity award. He received a grant of 26,339 Restricted Stock Units (RSUs), each representing a contingent right to one ordinary share. These RSUs vest in three equal annual installments beginning on May 13, 2027. Following the filing, Ball directly holds 4,917 ordinary shares, separate from the RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ball David
Role
EVP & CBDO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 26,339 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 26,339 shares (Direct, null);
Ordinary Shares — 4,917 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 in 3 equal annual installments beginning May 13 2027.
Key Figures
RSU grant size: 26,339 units
Underlying ordinary shares for RSUs: 26,339 shares
Ordinary shares held: 4,917 shares
+2 more
5 metrics
RSU grant size
26,339 units
Restricted Stock Units granted to David Ball
Underlying ordinary shares for RSUs
26,339 shares
Ordinary shares underlying RSUs
Ordinary shares held
4,917 shares
Direct holdings after reported transactions
RSU-to-share ratio
1 unit : 1 share
Each RSU equals one ordinary share
RSU vesting start date
May 13, 2027
First of three equal annual installments
Key Terms
Restricted Stock Unit, Ordinary Shares, grant/award acquisition, contingent right
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
grant/award acquisition financial
"transaction_action: grant/award acquisition for 26,339 Restricted Stock Units."
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
FAQ
What insider transaction did Perrigo (PRGO) report for David Ball?
Perrigo reported an equity award to EVP & CBDO David Ball. He received 26,339 Restricted Stock Units, each tied to one ordinary share, as part of his compensation, along with disclosure of his 4,917 directly held ordinary shares.
How many Restricted Stock Units did David Ball receive at Perrigo (PRGO)?
David Ball received 26,339 Restricted Stock Units. Each RSU represents a contingent right to receive one Perrigo ordinary share, providing future equity-based compensation subject to the vesting schedule described in the filing.
When do David Ball’s new RSUs at Perrigo (PRGO) vest?
The RSUs vest in three equal annual installments beginning May 13, 2027. This multi-year vesting schedule is designed to align the executive’s compensation with longer-term company performance and continued service.
What does each Restricted Stock Unit represent in Perrigo’s (PRGO) Form 4?
Each Restricted Stock Unit represents a contingent right to one ordinary share. The units convert into Perrigo ordinary shares only upon vesting, linking David Ball’s future share ownership to this equity award.