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Perrigo (PRGO) CEO nets shares after 17,834-unit RSU exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Perrigo Company plc CEO Patrick Lockwood-Taylor reported routine equity compensation activity. He exercised Restricted Stock Units into 17,834 ordinary shares on April 2, 2026, at a reported share value of $10.85. To cover tax obligations, 9,123 shares were withheld and disposed of by the issuer. After these transactions, he directly owns 110,846 ordinary shares. Each Restricted Stock Unit represented the right to receive one ordinary share.

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Insider Lockwood-Taylor Patrick
Role CEO
Type Security Shares Price Value
Exercise Restricted Stock Units 17,834 $0.00 --
Exercise Ordinary Shares 17,834 $10.85 $193K
Tax Withholding Ordinary Shares 9,123 $10.85 $99K
Holdings After Transaction: Restricted Stock Units — 17,834 shares (Direct); Ordinary Shares — 119,969 shares (Direct)
Footnotes (1)
  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.
RSUs exercised 17,834 units/shares Restricted Stock Units converted into ordinary shares on April 2, 2026
Tax withholding shares 9,123 shares Shares disposed of to satisfy tax obligations on April 2, 2026
Post-transaction holdings 110,846 shares Ordinary shares directly owned by CEO after reported transactions
Reported share value $10.85 per share Transaction price per share for ordinary share entries on April 2, 2026
Restricted Stock Units financial
"He exercised Restricted Stock Units into 17,834 ordinary shares"
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.
tax-withholding disposition financial
"A total of 9,123 ordinary shares were disposed of as tax withholding"
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 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.
SEC Form 4
FORM 4UNITED 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 MICHIGAN 49010

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PERRIGO Co plc [ PRGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares04/02/2026M17,834A$10.85119,969D
Ordinary Shares04/02/2026F9,123D$10.85110,846D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/02/2026M17,834 (2) (2)Ordinary Shares17,834(1)17,834D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
2. 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.
Remarks:
/s/ Diana Witt, attorney-in-fact for Mr. Patrick Lockwood-Taylor04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

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

He reported exercising Restricted Stock Units into 17,834 ordinary shares and a related tax withholding disposal of 9,123 shares. Following these compensation-related transactions, he directly holds 110,846 Perrigo ordinary shares, reflecting his updated equity position in the company.

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

He acquired 17,834 Perrigo ordinary shares through the exercise of Restricted Stock Units. Each unit converted into one ordinary share, reflecting previously granted equity compensation that settled in stock on April 2, 2026, rather than an open-market purchase of new shares.

How many Perrigo (PRGO) shares were withheld for taxes in this filing?

A total of 9,123 ordinary shares were disposed of as tax withholding. This F-code transaction indicates shares were surrendered to cover tax liabilities from the equity vesting, rather than sold in the open market for discretionary portfolio reasons.

What is the CEO’s Perrigo (PRGO) shareholding after these transactions?

After the reported RSU exercise and tax withholding, Patrick Lockwood-Taylor directly owns 110,846 Perrigo ordinary shares. This figure reflects his post-transaction position and shows he retains a meaningful equity stake following the compensation-related activity.

Were the Perrigo (PRGO) CEO’s transactions open-market buys or sells?

The transactions were not open-market trades. They involved exercising Restricted Stock Units, converting them into 17,834 ordinary shares, and a related 9,123-share tax-withholding disposition to satisfy obligations, a common mechanism for settling equity compensation.

What does each Perrigo (PRGO) Restricted Stock Unit represent in this Form 4?

Each Restricted Stock Unit represents a contingent right to receive one Perrigo ordinary share. Upon vesting and settlement, these units convert into actual shares, as reflected in the 17,834 ordinary shares acquired by the CEO in the reported transaction.
Perrigo Co Plc

NYSE:PRGO

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