Perrigo (PRGO) CFO boosts holdings after 6,369-share RSU exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc EVP & Chief Financial Officer Eduardo Guarita Bezerra exercised 6,369 Restricted Stock Units into the same number of ordinary shares on April 2, 2026 at a stated price of $10.85 per share. A separate transaction shows 1,551 ordinary shares were disposed of as a tax-withholding transaction, rather than an open-market sale. Following these transactions, Bezerra directly owns 77,760 ordinary shares. Each Restricted Stock Unit represented a contingent right to receive one ordinary share, with units vesting in three equal annual installments beginning April 5, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,369 shares exercised/converted
Mixed
3 txns
Insider
Bezerra Eduardo Guarita
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,369 | $0.00 | -- |
| Exercise | Ordinary Shares | 6,369 | $10.85 | $69K |
| Tax Withholding | Ordinary Shares | 1,551 | $10.85 | $17K |
Holdings After Transaction:
Restricted Stock Units — 6,369 shares (Direct);
Ordinary Shares — 79,311 shares (Direct)
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 5 April 2025.
Key Figures
RSUs exercised: 6,369 units
Shares acquired: 6,369 shares
Tax-withholding shares: 1,551 shares
+2 more
5 metrics
RSUs exercised
6,369 units
Restricted Stock Units converted on April 2, 2026
Shares acquired
6,369 shares
Ordinary shares from RSU exercise at $10.85 per share
Tax-withholding shares
1,551 shares
Ordinary shares withheld to satisfy obligations on April 2, 2026
Post-transaction holdings
77,760 shares
CFO’s direct ordinary share ownership after transactions
Recorded share price
$10.85 per share
Price shown for ordinary share transactions on April 2, 2026
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, tax-withholding disposition, contingent right, +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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
vesting in 3 equal annual installments financial
"Vesting in 3 equal annual installments beginning 5 April 2025."
FAQ
What insider transaction did Perrigo (PRGO) report for its CFO?
Perrigo reported that EVP & Chief Financial Officer Eduardo Guarita Bezerra exercised 6,369 Restricted Stock Units into ordinary shares. The transaction was coded as an exercise or conversion of a derivative security rather than an open-market purchase or sale.
What are the terms of the Perrigo Restricted Stock Units exercised by the CFO?
Each Restricted Stock Unit represents a contingent right to receive one Perrigo ordinary share. The RSUs vest in three equal annual installments beginning April 5, 2025, and the exercised units converted into 6,369 ordinary shares in this Form 4 filing.