Perrigo EVP exercises RSUs, shares withheld for taxes
PERRIGO Co plc executive Roberto Khoury reported compensation-related share activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
PERRIGO Co plc executive Roberto Khoury reported compensation-related share activity. On June 5, 2026, he exercised restricted stock units that converted into 17,902 ordinary shares, a non-cash acquisition recorded at $10.8300 per share. In connected transactions, 9,346 ordinary shares were disposed of to cover tax obligations through share withholding rather than open-market sales. These moves reflect routine equity compensation vesting and do not represent discretionary buying or selling of Perrigo stock.
Insider Trade Summary
17,902 shares exercised/converted
Exercise
9 txns
Insider
Khoury Roberto
Role
EVP and President of CSCI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,888 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,980 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,034 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 7,888 | $10.83 | $85K |
| Exercise Price or Tax Liability | Ordinary Shares | 4,118 | $10.83 | $45K |
| Exercise | Ordinary Shares | 2,980 | $10.83 | $32K |
| Exercise Price or Tax Liability | Ordinary Shares | 1,556 | $10.83 | $17K |
| Exercise | Ordinary Shares | 7,034 | $10.83 | $76K |
| Exercise Price or Tax Liability | Ordinary Shares | 3,672 | $10.83 | $40K |
Holdings After Transaction:
Restricted Stock Units — 17,046 contracts (Direct);
Ordinary Shares — 13,761 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
- F2. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 2 equal annual installments beginning 7 June 2025.
- F3. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 3 equal annual installments beginning 7 June 2025.
- F4. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 3 equal annual installments beginning 6 June 2026.
Key Figures
RSU-derived shares acquired: 17,902 ordinary shares
Shares withheld for taxes: 9,346 ordinary shares
Reported share value: $10.8300 per share
+2 more
5 metrics
RSU-derived shares acquired
17,902 ordinary shares
Shares from derivative exercises reported on June 5, 2026
Shares withheld for taxes
9,346 ordinary shares
Tax-withholding dispositions coded F on June 5, 2026
Reported share value
$10.8300 per share
Transaction price used for ordinary share reporting
RSU vesting schedule (two-year)
2 equal annual installments
Beginning June 7, 2025 for certain RSU awards
RSU vesting schedule (three-year)
3 equal annual installments
Beginning June 7, 2025 and June 6, 2026 for other RSUs
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, Ordinary Shares
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Perrigo (PRGO) executive Roberto Khoury report in this Form 4?
Roberto Khoury reported equity compensation activity, not open-market trading. He exercised restricted stock units into 17,902 ordinary shares and had 9,346 shares withheld to satisfy tax obligations, reflecting routine vesting of incentive awards rather than discretionary stock purchases or sales.
What do the Restricted Stock Unit (RSU) footnotes mean for Perrigo (PRGO)?
The footnotes explain that each Restricted Stock Unit equals one ordinary share and describe vesting schedules, including two- or three-year installment vesting beginning in June 2025 or June 2026. This clarifies how and when future RSUs may convert into Perrigo ordinary shares over time.
Does this Perrigo (PRGO) Form 4 suggest a change in insider sentiment?
The transactions appear routine and compensation-driven. They involve RSU exercises and related tax-withholding dispositions, with no open-market buys or sells. Such activity typically reflects scheduled vesting of prior grants rather than a change in the executive’s view of Perrigo’s prospects.
AI-generated analysis. How Rhea-AI works. Not financial advice.
