Perrigo (PRGO) ex-CEO exercises RSUs, 12,906 shares withheld for tax

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Perrigo Company plc former CEO and director Patrick Lockwood-Taylor reported compensation-related share movements, not open-market trades. On June 5, 2026, 25,230 Restricted Stock Units were exercised into ordinary shares, while 12,906 ordinary shares were disposed of at $10.83 per share to cover tax obligations. Following these transactions, he directly held 136,076 ordinary shares and 50,458 Restricted Stock Units, indicating this was an exercise-and-tax-withholding event rather than a net share purchase or sale.

Insider Trade Summary

25,230 shares exercised/converted

Mixed 3 txns

Insider Lockwood-Taylor Patrick

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	25,230	$0.00	--
Exercise	Ordinary Shares	25,230	$10.83	$273K
Tax Withholding	Ordinary Shares	12,906	$10.83	$140K

Holdings After Transaction: Restricted Stock Units — 50,458 shares (Direct, null); Ordinary Shares — 136,076 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 6 June 2026.

Key Figures

RSUs exercised: 25,230 units Tax-withholding shares: 12,906 shares Tax-withholding price: $10.83 per share +3 more

6 metrics

RSUs exercised 25,230 units Restricted Stock Units converted into ordinary shares on June 5, 2026

Tax-withholding shares 12,906 shares Ordinary shares used for tax withholding on June 5, 2026

Tax-withholding price $10.83 per share Price used for 12,906-share tax-withholding disposition

Shares held after transaction 136,076 shares Ordinary shares directly held following June 5, 2026 transactions

RSUs remaining 50,458 units Restricted Stock Units outstanding after the reported transactions

Exercise and tax events 3 transactions Two exercises and one tax-withholding disposition on June 5, 2026

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

"Payment of exercise price or tax liability by delivering securities"

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

"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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/09/2026 - 09:23 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lockwood-Taylor Patrick

(Last)

(First)

(Middle)

PERRIGO COMPANY PLC

515 EASTERN AVENUE

(Street)

ALLEGAN

MICHIGAN

49010

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PERRIGO Co plc [ PRGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Former CEO and director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	06/05/2026		M		25,230	A	$10.83	136,076	D
Ordinary Shares	06/05/2026		F		12,906	D	$10.83	123,170	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/05/2026		M			25,230	⁽²⁾	⁽²⁾	Ordinary Shares	25,230	⁽¹⁾	50,458	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.

2. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 3 equal annual installments beginning 6 June 2026.

Remarks:

	/s/ Diana Witt, attorney-in-fact for Mr. Patrick Lockwood-Taylor	06/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Perrigo (PRGO) former CEO Patrick Lockwood-Taylor report?

He reported exercising 25,230 Restricted Stock Units into ordinary shares and a tax-withholding disposition of 12,906 ordinary shares at $10.83 per share. These moves reflect equity compensation activity, not open-market buying or selling of Perrigo stock.

How many Perrigo (PRGO) shares does Patrick Lockwood-Taylor hold after this Form 4?

After the transactions, he directly holds 136,076 Perrigo ordinary shares and 50,458 Restricted Stock Units. This shows he retains a substantial equity position in the company following the compensation-related exercise and tax-withholding events on June 5, 2026.

What was the purpose of the 12,906 Perrigo (PRGO) shares disposed of by Patrick Lockwood-Taylor?

The 12,906 ordinary shares were disposed of at $10.83 per share as a tax-withholding transaction. This means shares were delivered to satisfy tax obligations tied to equity compensation, rather than representing a discretionary open-market sale of Perrigo stock.

What are Perrigo (PRGO) Restricted Stock Units mentioned in Patrick Lockwood-Taylor’s filing?

Each Restricted Stock Unit represents a contingent right to receive one Perrigo ordinary share. Footnotes explain these RSUs convert into shares and may vest in scheduled installments, reflecting long-term equity compensation rather than immediate cash-based pay for the former CEO.

Does Patrick Lockwood-Taylor’s Perrigo (PRGO) Form 4 indicate net buying or selling?

The filing shows a mix of RSU exercise and tax-withholding disposition, resulting in no clear net buy or sell. He gained shares through RSU conversion and used some shares to cover tax liabilities, typical for equity compensation events.