Perrigo director exercises RSUs, covers taxes with shares

Perrigo Company plc director Donal O'Connor reported routine equity compensation activity.

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Form Type

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 34,435 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.

Insider Trade Summary

7,305 shares exercised/converted

Exercise 5 txns

Insider O'Connor Donal

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,305	$0.00	$0.00
Exercise	Ordinary Shares	7,305	$10.84	$79K
Exercise Price or Tax Liability	Ordinary Shares	3,507	$10.84	$38K
Grant/Award	Restricted Stock Units	16,681	$0.00	$0.00
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Stock Units — 16,681 contracts (Direct); Ordinary Shares — 34,435 shares (Direct); Ordinary Shares — 1,198 shares (Indirect, by Approved Retirement Fund)

Footnotes (3)

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 on May 13 2027.
F3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

Did Donal O'Connor buy or sell Perrigo (PRGO) shares on the open market?

The filing shows no open-market purchases or sales. Reported activity reflects an RSU exercise, a tax-withholding disposition of 3,507 shares at $10.84 per share, and a grant of 16,681 new Restricted Stock Units, all tied to compensation.

How many Perrigo (PRGO) shares does Donal O'Connor hold after these transactions?

After these transactions, Donal O'Connor directly holds 37,942 Perrigo Ordinary Shares and indirectly holds 1,198 Ordinary Shares through an Approved Retirement Fund. These holdings reflect his position following the RSU exercise and related tax-withholding disposition.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/15/2026 - 01:15 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^*

O'Connor Donal

(Last)

(First)

(Middle)

C/O 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

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

X	Form 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)
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	05/14/2026		M		7,305	A	$10.84	37,942	D
Ordinary Shares	05/14/2026		F		3,507	D	$10.84	34,435	D
Ordinary Shares								1,198	I	by Approved Retirement Fund

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	⁽¹⁾	05/13/2026		A		16,681		⁽²⁾	⁽²⁾	Ordinary Shares	16,681	⁽¹⁾	16,681	D
Restricted Stock Units	⁽¹⁾	05/14/2026		M			7,305	05/14/2026	⁽³⁾	Ordinary Shares	7,305	⁽¹⁾	0	D

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 on May 13 2027.

3. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 14 May 2026.

Remarks:

	/s/ Diana Witt, attorney-in-fact for Mr. O'Connor	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR