Perrigo EVP exercises RSUs; shares withheld for tax
Perrigo Company plc EVP Matthew John Winterman reported routine equity compensation activity involving Restricted Stock Units and related tax withholding.
Rhea-AI Filing Summary
Perrigo Company plc EVP Matthew John Winterman reported routine equity compensation activity involving Restricted Stock Units and related tax withholding. On July 8, 2026, he exercised RSUs into 17,503 ordinary shares of Perrigo at a reported value of $10.52 per share.
To cover tax obligations, 9,138 ordinary shares were disposed of as a tax-withholding disposition, not an open-market sale. Following these transactions, Winterman directly holds 7,485 ordinary shares and continues to hold additional unvested RSUs that vest in annual installments beginning July 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,503 shares exercised/converted
Exercise
6 txns
Insider
Winterman Matthew John
Role
EVP, Supply, Ops, Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,660 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,843 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 15,660 | $10.52 | $165K |
| Exercise Price or Tax Liability | Ordinary Shares | 8,175 | $10.52 | $86K |
| Exercise | Ordinary Shares | 1,843 | $10.52 | $19K |
| Exercise Price or Tax Liability | Ordinary Shares | 963 | $10.52 | $10K |
Holdings After Transaction:
Restricted Stock Units — 19,343 contracts (Direct);
Ordinary Shares — 8,365 shares (Direct)
Footnotes (3)
- 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 two equal annual installments beginning July 8 2026.
- F3. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in three equal annual installments beginning July 8 2026.
Key Figures
RSUs exercised into shares: 17,503 shares
Shares withheld for taxes: 9,138 shares
Per-share value used: $10.52 per share
+3 more
6 metrics
RSUs exercised into shares
17,503 shares
Ordinary shares from RSU exercises on July 8, 2026
Shares withheld for taxes
9,138 shares
Tax-withholding dispositions on July 8, 2026
Per-share value used
$10.52 per share
Value reported for ordinary share transactions
Shares held after transactions
7,485 shares
Direct ordinary share holdings following tax withholding
Remaining RSUs (grant 1)
3,684 RSUs
Restricted Stock Units after 1,843-unit conversion
Remaining RSUs (grant 2)
15,659 RSUs
Restricted Stock Units after 15,660-unit conversion
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security
3 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
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 security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Perrigo (PRGO) EVP Matthew Winterman report?
Perrigo EVP Matthew Winterman reported exercising Restricted Stock Units into ordinary shares and using some of those shares to pay taxes. These actions are shown as derivative exercises and tax-withholding dispositions on July 8, 2026, rather than open-market share purchases or sales.
What do Perrigo (PRGO) Restricted Stock Units represent for the EVP?
Each Restricted Stock Unit represents a contingent right to receive one Perrigo ordinary share. Footnotes state certain RSUs vest in two or three equal annual installments beginning July 8, 2026, linking future share delivery to continued service and vesting conditions.
Does this Perrigo (PRGO) Form 4 indicate continued equity incentives for the EVP?
Yes, the Form 4 shows remaining RSU balances after the exercises, including 3,684 and 15,659 Restricted Stock Units. These RSUs vest in scheduled annual installments starting July 8, 2026, providing ongoing equity-based compensation tied to future service at Perrigo.
AI-generated analysis. How Rhea-AI works. Not financial advice.
