Perrigo (NYSE: PRGO) director granted 16,681 RSUs and exercises 7,305 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc director Albert Manzone reported routine equity compensation activity. On May 13, he received 16,681 Restricted Stock Units (RSUs), each convertible into one ordinary share and scheduled to vest on May 13, 2027. On May 14, 7,305 RSUs vested and were exercised into ordinary shares, and 3,507 shares were withheld at $10.84 per share to cover tax obligations. Following these transactions, he holds 16,353 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,305 shares exercised/converted
Mixed
4 txns
Insider
Manzone Albert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,305 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,305 | $10.84 | $79K |
| Tax Withholding | Ordinary Shares | 3,507 | $10.84 | $38K |
| Grant/Award | Restricted Stock Units | 16,681 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 19,860 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 May 13 2027. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 14 May 2026.
Key Figures
RSU grant: 16,681 units
RSUs exercised: 7,305 units
Tax-withheld shares: 3,507 shares at $10.84
+4 more
7 metrics
RSU grant
16,681 units
Restricted Stock Units granted on May 13, 2026
RSUs exercised
7,305 units
RSUs converted into ordinary shares on May 14, 2026
Tax-withheld shares
3,507 shares at $10.84
Shares disposed to cover tax liability on May 14, 2026
Post-transaction holdings
16,353 shares
Ordinary shares held directly after reported transactions
Exercise price reference
$10.84 per share
Price associated with non-derivative ordinary share entries
Future vesting date
May 13, 2027
Vesting date for 16,681 newly granted RSUs
Earlier vesting date
May 14, 2026
Vesting date referenced for another RSU award
Key Terms
Restricted Stock Unit, tax liability, derivative security, grant, award, or other acquisition
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.
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
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.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What insider transactions did Perrigo (PRGO) director Albert Manzone report?
Albert Manzone reported an RSU grant, an RSU vesting and exercise, and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than open-market buying or selling of Perrigo ordinary shares.
How many Perrigo (PRGO) Restricted Stock Units were granted to Albert Manzone?
Albert Manzone was granted 16,681 Restricted Stock Units. Each unit represents a contingent right to receive one Perrigo ordinary share, with the award scheduled to vest on May 13, 2027, subject to the award terms and continued service conditions.
How many Perrigo (PRGO) RSUs did Albert Manzone exercise and at what price?
Manzone exercised 7,305 Restricted Stock Units into Perrigo ordinary shares. The filing shows a price of $10.84 per share associated with these non-derivative ordinary share transactions recorded on May 14, 2026 in connection with the RSU vesting.
When do Albert Manzone’s new Perrigo (PRGO) RSUs vest?
The newly granted 16,681 Restricted Stock Units are scheduled to vest on May 13, 2027. Footnotes also indicate other RSU awards vesting on May 14, 2026, each convertible into one Perrigo ordinary share upon vesting, per the award terms.