Perrigo (PRGO) director reports RSU grant, exercise and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc director Donal O'Connor reported routine equity compensation activity. On May 14 2026, he exercised Restricted Stock Units to acquire 7,305 Ordinary Shares and had 3,507 Ordinary Shares withheld at $10.84 per share to cover tax obligations. Following these transactions, he directly holds 37,942 Ordinary Shares and indirectly holds 1,198 Ordinary Shares through an Approved Retirement Fund. On May 13 2026, he also received a grant of 16,681 Restricted Stock Units, each representing a contingent right to one Ordinary Share, with vesting described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,305 shares exercised/converted
Mixed
5 txns
Insider
O'Connor Donal
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,305 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,305 | $10.84 | $79K |
| Tax Withholding | Ordinary Shares | 3,507 | $10.84 | $38K |
| Grant/Award | Restricted Stock Units | 16,681 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 37,942 shares (Direct, null);
Ordinary Shares — 1,198 shares (Indirect, by Approved Retirement Fund)
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 on May 13 2027. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 14 May 2026.
Key Figures
RSUs Exercised: 7,305 shares
Tax-Withholding Shares: 3,507 shares
Tax-Withholding Price: $10.84 per share
+3 more
6 metrics
RSUs Exercised
7,305 shares
Ordinary Shares acquired via RSU exercise on May 14 2026
Tax-Withholding Shares
3,507 shares
Shares surrendered for tax obligations at $10.84 on May 14 2026
Tax-Withholding Price
$10.84 per share
Value used for 3,507-share tax-withholding disposition
New RSU Grant
16,681 RSUs
Restricted Stock Units granted on May 13 2026
Direct Holdings After
37,942 shares
Ordinary Shares directly held after May 14 2026 transactions
Indirect Holdings After
1,198 shares
Ordinary Shares held by Approved Retirement Fund as of May 13 2026
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, Approved Retirement Fund
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
"transaction_action: tax-withholding disposition for 3,507 Ordinary Shares."
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
"transaction_code_description: 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.
Approved Retirement Fund financial
"nature_of_ownership: by Approved Retirement Fund."
FAQ
What insider transactions did Perrigo (PRGO) director Donal O'Connor report?
Donal O'Connor reported exercising 7,305 Restricted Stock Units into Perrigo Ordinary Shares and a tax-withholding disposition of 3,507 shares. He also received a grant of 16,681 new Restricted Stock Units as part of his equity compensation program.
What Restricted Stock Unit awards did Donal O'Connor receive from Perrigo (PRGO)?
He received 16,681 Restricted Stock Units, each convertible into one Perrigo Ordinary Share. Footnotes state these RSUs represent contingent rights to shares, with vesting dates including May 13 2027 and May 14 2026 for different RSU tranches.
What is the significance of the tax-withholding disposition in the Perrigo (PRGO) Form 4?
The tax-withholding disposition of 3,507 shares at $10.84 per share reflects shares surrendered to cover tax liabilities on equity compensation. It is not an open-market sale and is generally considered a routine administrative aspect of stock-based awards.