Perrigo (PRGO) EVP David Ball exercises 2,867 RSUs and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PERRIGO Co plc EVP & CBDO David Ball exercised 2,867 Restricted Stock Units into ordinary shares on June 5, 2026. As part of the same event, 1,037 ordinary shares were disposed of to cover tax obligations through a tax-withholding arrangement, a routine compensation-related transaction rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,867 shares exercised/converted
Mixed
3 txns
Insider
Ball David
Role
EVP & CBDO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,867 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,867 | $10.83 | $31K |
| Tax Withholding | Ordinary Shares | 1,037 | $10.83 | $11K |
Holdings After Transaction:
Restricted Stock Units — 5,734 shares (Direct, null);
Ordinary Shares — 7,784 shares (Direct, null)
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 in 3 equal annual installments beginning 6 June 2026.
Key Figures
RSUs exercised: 2,867 units
Tax-withheld shares: 1,037 shares
Withholding price: $10.83 per share
+2 more
5 metrics
RSUs exercised
2,867 units
Restricted Stock Units converted into ordinary shares on June 5, 2026
Tax-withheld shares
1,037 shares
Shares delivered to cover tax liability, code F
Withholding price
$10.83 per share
Price used for 1,037-share tax-withholding disposition
Exercise transactions
1 transaction, 2,867 shares
Summary of derivative exercises in this Form 4
Tax-withholding transactions
1 transaction, 1,037 shares
Summary of tax-withholding dispositions in this Form 4
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, Ordinary Shares, +1 more
5 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"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did PERRIGO (PRGO) executive David Ball report?
David Ball reported exercising 2,867 Restricted Stock Units into ordinary shares of PERRIGO Co plc and a related tax-withholding disposition of 1,037 shares on June 5, 2026, as shown in his Form 4 filing.
How many PERRIGO (PRGO) Restricted Stock Units did David Ball exercise?
David Ball exercised 2,867 Restricted Stock Units, coded “M” for derivative exercise. Each unit converted into one ordinary share of PERRIGO Co plc, turning part of his equity awards into directly held stock according to the Form 4 data.
What does the Form 4 say about David Ball’s remaining derivatives in PERRIGO (PRGO)?
The derivative summary in the Form 4 is empty, indicating no remaining derivative positions are shown in this particular filing after the 2,867 RSUs were exercised, based solely on the transactions disclosed in this report.
How were the tax obligations handled in David Ball’s PERRIGO (PRGO) equity transaction?
Tax obligations were met through a share withholding transaction of 1,037 ordinary shares at $10.83 per share. The “F” code indicates payment of tax liability by delivering securities instead of using cash, a common approach for equity awards.