Perrigo (NYSE: PRGO) awards 31,607 RSUs to EVP and CSO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lennox Abigail reported acquisition or exercise transactions in this Form 4 filing.
Perrigo Company plc executive Abigail Lennox reported an equity grant, not a stock trade. On May 13 2026, she received 31,607 Restricted Stock Units (RSUs), each representing a contingent right to one Perrigo ordinary share.
The RSUs vest in three equal annual installments beginning May 13 2027. After this filing, Lennox directly holds 2,780 ordinary shares, and the 31,607 RSUs represent additional potential shares that will be delivered only as they vest, subject to continued service and any plan conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lennox Abigail
Role
EVP and CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 31,607 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 31,607 shares (Direct, null);
Ordinary Shares — 2,780 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: 31,607 units
RSU-to-share ratio: 1 unit : 1 share
RSU vesting schedule: 3 equal annual installments
+2 more
5 metrics
RSU grant size
31,607 units
Restricted Stock Units granted on May 13 2026
RSU-to-share ratio
1 unit : 1 share
Each RSU represents one Perrigo ordinary share
RSU vesting schedule
3 equal annual installments
Vesting begins May 13 2027
Direct share holdings
2,780 shares
Ordinary shares held directly after reported transactions
RSU exercise price
$0.00 per unit
RSUs granted with no cash exercise price
Key Terms
Restricted Stock Units, contingent right, Ordinary Shares, grant/award acquisition
4 terms
Restricted Stock Units financial
"The 31,607 Restricted Stock Units granted to Abigail Lennox vest in three equal annual installments."
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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
grant/award acquisition financial
"The RSU transaction is coded as a grant/award acquisition under transaction code A."
FAQ
What insider transaction did Perrigo (PRGO) EVP Abigail Lennox report?
Abigail Lennox reported receiving a grant of 31,607 Restricted Stock Units (RSUs) tied to Perrigo ordinary shares. This is an equity compensation award, not an open-market stock purchase or sale, and reflects part of her long-term incentive pay package.
When do Abigail Lennox’s newly granted Perrigo RSUs vest?
The 31,607 Restricted Stock Units granted to Abigail Lennox vest in three equal annual installments. Vesting begins on May 13 2027, meaning a portion converts into Perrigo ordinary shares each year over a three-year schedule.
Is Abigail Lennox’s Perrigo Form 4 filing a stock purchase or sale?
The filing shows an RSU grant coded as an acquisition (code A), not a market trade. She did not report buying or selling Perrigo shares in the open market; instead, she received stock-based compensation that will settle in shares as it vests.
What does each Restricted Stock Unit in Perrigo’s grant to Abigail Lennox represent?
Each Restricted Stock Unit in this grant represents a contingent right to receive one Perrigo Company plc ordinary share. The units convert into actual shares only when vesting conditions are met under the company’s equity compensation plan.