Perrigo director exercises RSUs, new 844-unit grant
Perrigo Company plc director Geoffrey M. Parker reported routine equity compensation activity involving ordinary shares and restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc director Geoffrey M. Parker reported routine equity compensation activity involving ordinary shares and restricted stock units. He exercised 976 restricted stock units into ordinary shares at $10.99 per share, and 469 ordinary shares were withheld to cover tax obligations. He also received a new grant of 844 restricted stock units, each representing a contingent right to one ordinary share, vesting on June 12, 2027. In addition to his direct holdings, ordinary shares are held indirectly through a Roth IRA and a revocable trust.
Insider Trade Summary
976 shares exercised/converted
Exercise
6 txns
Insider
Parker Geoffrey M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 844 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 976 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 976 | $10.99 | $11K |
| Exercise Price or Tax Liability | Ordinary Shares | 469 | $10.99 | $5K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 844 contracts (Direct);
Ordinary Shares — 33,217 shares (Direct);
Ordinary Shares — 25,879 shares (Indirect, Revocable Trust);
Ordinary Shares — 17,375 shares (Indirect, IRA)
Footnotes (5)
- F1. Revocable trust in which Geoffry Parker and Jill Parker are the trustees.
- F2. Geoffrey M. Parker Roth IRA.
- F3. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
- F4. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on June 12 2027.
- F5. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 13 June 2026.
Key Figures
RSUs exercised: 976 shares
Exercise price: $10.99 per share
Tax withholding shares: 469 shares
+3 more
6 metrics
RSUs exercised
976 shares
Restricted Stock Units converted into ordinary shares at $10.99 on June 12, 2026
Exercise price
$10.99 per share
Price for 976 ordinary shares received upon RSU exercise
Tax withholding shares
469 shares
Ordinary shares withheld to satisfy tax or exercise obligations
New RSU grant
844 units
Restricted Stock Units granted, each for one ordinary share, vesting June 12, 2027
Roth IRA holdings
17,375 shares
Ordinary shares held indirectly through a Roth IRA
Revocable trust holdings
25,879 shares
Ordinary shares held indirectly through a revocable trust with Geoffrey and Jill Parker as trustees
Key Terms
Restricted Stock Units, Revocable trust, Roth IRA, tax-withholding disposition, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
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.
Revocable trust financial
"Revocable trust in which Geoffry Parker and Jill Parker are the trustees."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Roth IRA financial
"Geoffrey M. Parker Roth IRA."
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
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 exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Geoffrey M. Parker report at Perrigo (PRGO)?
Geoffrey M. Parker reported routine equity compensation activity. He exercised 976 restricted stock units into ordinary shares at $10.99 per share, had 469 shares withheld for taxes, and received a new grant of 844 restricted stock units that may convert into ordinary shares later.
What new equity award did Geoffrey M. Parker receive from Perrigo (PRGO)?
He received 844 restricted stock units. Each unit represents a contingent right to receive one Perrigo ordinary share, with these units scheduled to vest on June 12, 2027, aligning with typical long-term incentive compensation structures for company directors.
What do the restricted stock units in this Perrigo (PRGO) filing represent?
Each restricted stock unit represents a contingent right to receive one Perrigo ordinary share. Some units were converted into 976 ordinary shares, while another 844-unit award remains outstanding and is scheduled to vest on June 12, 2027, subject to applicable conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
