Perrigo EVP exercises RSUs; shares withheld for tax
Perrigo Company plc executive Roberto Khoury reported routine equity-compensation transactions.
Rhea-AI Filing Summary
Perrigo Company plc executive Roberto Khoury reported routine equity-compensation transactions. On 8 July 2026, he exercised 737 Restricted Stock Units into an equal number of ordinary shares at a stated value of $10.52 per share. To cover tax obligations, 385 ordinary shares were disposed of at $10.52 per share.
Following these transactions, Khoury directly held 14,113 ordinary shares and 1,474 Restricted Stock Units, each representing a contingent right to receive one ordinary share that vests in three equal annual installments beginning 8 July 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
737 shares exercised/converted
Exercise
3 txns
Insider
Khoury Roberto
Role
EVP and President of CSCI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 737 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 737 | $10.52 | $8K |
| Exercise Price or Tax Liability | Ordinary Shares | 385 | $10.52 | $4K |
Holdings After Transaction:
Restricted Stock Units — 1,474 contracts (Direct);
Ordinary Shares — 14,113 shares (Direct)
Footnotes (2)
- 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 3 equal annual installments beginning 8 July 2026.
Key Figures
RSUs exercised: 737 shares
Tax-withholding shares: 385 shares
Transaction price: $10.52 per share
+3 more
6 metrics
RSUs exercised
737 shares
Restricted Stock Units converted to ordinary shares on 8 July 2026
Tax-withholding shares
385 shares
Shares disposed to pay tax liability at $10.52 per share
Transaction price
$10.52 per share
Price used for both exercise and tax-withholding disposition
Shares held after transaction
14,113 ordinary shares
Direct holdings following Form 4 transactions
RSUs outstanding
1,474 RSUs
Restricted Stock Units following derivative transaction
Vesting schedule
3 equal annual installments
RSUs vest beginning 8 July 2026
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security
3 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 routine equity compensation activity involving Restricted Stock Units. He exercised 737 RSUs into ordinary shares and disposed of 385 shares to satisfy tax obligations, reflecting standard compensation and withholding mechanics rather than an open-market stock purchase or sale.
What are the terms of Roberto Khoury’s Restricted Stock Units at Perrigo (PRGO)?
Each Restricted Stock Unit represents a contingent right to receive one Perrigo ordinary share. The RSUs vest in three equal annual installments beginning 8 July 2026, meaning shares are delivered over time as vesting conditions are satisfied under the company’s equity compensation program.
Was Roberto Khoury’s Perrigo (PRGO) Form 4 an open-market stock sale?
The filing does not show an open-market sale. It shows a tax-withholding disposition of 385 shares at $10.52 per share tied to equity compensation, classified as payment of tax liability by delivering securities rather than a discretionary decision to sell Perrigo shares in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
