Perrigo CEO exercises RSUs, gets new share award

Perrigo Company plc CEO Patrick Lockwood-Taylor reported compensation-related equity activity.

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Rhea-AI Filing Summary

Perrigo Company plc CEO Patrick Lockwood-Taylor reported compensation-related equity activity. He exercised performance-based restricted stock units granted on July 10, 2023, converting 11,727 RSUs into the same number of ordinary shares at a stated price of $10.72 per share.

To cover tax obligations, 4,240 and 5,003 ordinary shares were withheld, leaving him with 102,135 ordinary shares held directly after these transactions. He also received a new grant of 13,839 restricted stock units, each representing one ordinary share, scheduled to vest in two equal annual installments beginning March 6, 2026.

Insider Trade Summary

11,727 shares exercised/converted

Exercise 5 txns

Insider Lockwood-Taylor Patrick

Role CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	11,727	$0.00	$0.00
Exercise	Ordinary Shares	11,727	$10.72	$126K
Exercise Price or Tax Liability	Ordinary Shares	4,240	$10.72	$45K
Grant/Award	Ordinary Shares	13,839	$10.72	$148K
Exercise Price or Tax Liability	Ordinary Shares	5,003	$10.72	$54K

Holdings After Transaction: Restricted Stock Units — 11,727 contracts (Direct); Ordinary Shares — 102,135 shares (Direct)

Footnotes (4)

F1. Vesting of performance-based restricted stock units granted on July 10, 2023.
F2. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
F3. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 2 equal annual installments beginning 6 March 2026.
F4. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.

FAQ

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What did Perrigo (PRGO) CEO Patrick Lockwood-Taylor report in this Form 4?

Perrigo’s CEO reported equity compensation activity, not open-market trading. He exercised 11,727 performance-based restricted stock units into ordinary shares and received a new 13,839-share restricted stock unit award, with portions of shares withheld to satisfy tax obligations related to these transactions.

How many Perrigo (PRGO) shares did the CEO acquire through RSU vesting?

The CEO acquired 11,727 Perrigo ordinary shares through vesting of performance-based restricted stock units. Each vested RSU converted into one ordinary share, reflecting part of a compensation package originally granted on July 10, 2023, as performance conditions were satisfied and units became deliverable.

Why were some Perrigo (PRGO) shares withheld in Patrick Lockwood-Taylor’s Form 4?

Shares were withheld solely to cover tax obligations tied to the equity events. Two transactions labeled with code F show 4,240 and 5,003 ordinary shares delivered back to the issuer to pay exercise price or tax liabilities, rather than being sold in the open market.

What new restricted stock unit award did the Perrigo (PRGO) CEO receive?

He received a grant of 13,839 restricted stock units, each equal to one ordinary share. According to the disclosure, this award vests in two equal annual installments beginning March 6, 2026, aligning future share delivery with continued service and long-term performance incentives.

How many Perrigo (PRGO) shares does the CEO hold after these transactions?

Following the reported transactions, Patrick Lockwood-Taylor directly holds 102,135 Perrigo ordinary shares. This figure reflects the RSU vesting, the new award settlement into shares, and the shares withheld for tax-related purposes, as shown in the post-transaction ownership totals for the non-derivative holdings.

Were any open-market buys or sells of Perrigo (PRGO) stock reported by the CEO?

No open-market purchases or sales were reported in this filing. All transactions were related to equity compensation: an RSU vesting, a new stock award, and associated tax-withholding dispositions, which differ from discretionary market trades in that they occur as part of compensation mechanics.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/10/2026 - 02:01 PM

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

49010

(City)

(State)

(Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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

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

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

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	03/06/2026		M		11,727	A	$10.72	97,539	D
Ordinary Shares	03/06/2026		F		4,240	D	$10.72	93,299	D
Ordinary Shares	03/06/2026		A⁽¹⁾		13,839	A	$10.72	107,138	D
Ordinary Shares	03/06/2026		F		5,003	D	$10.72	102,135	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	⁽²⁾	03/06/2026		M			11,727	⁽³⁾	⁽³⁾	Ordinary Shares	11,727	⁽⁴⁾	11,727	D

Explanation of Responses:

1. Vesting of performance-based restricted stock units granted on July 10, 2023.

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

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

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

Remarks:

	/s/ Diana Witt, attorney-in-fact for Mr. Patrick Lockwood-Taylor	03/10/2026
	** 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.

Source: View Original Filing on SEC EDGAR