Perrigo director exercises RSUs, withholds shares for tax

Perrigo Company director Orlando D. Ashford reported compensation-related share movements.

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Form Type

Rhea-AI Filing Summary

Perrigo Company director Orlando D. Ashford reported compensation-related share movements. On May 13 2026, he received 24,363 Restricted Stock Units (RSUs), each representing a right to one ordinary share, scheduled to vest on May 13 2027.

On May 14 2026, 10,669 RSUs converted into the same number of ordinary shares, treated as a derivative exercise at a reference price of $10.84 per share. To cover tax obligations, 5,122 ordinary shares were withheld the same day as a tax-withholding disposition, rather than an open-market sale. After these transactions, Ashford directly held 27,717 ordinary shares, reflecting a net increase in ownership driven by equity compensation.

Insider Trade Summary

10,669 shares exercised/converted

Exercise 4 txns

Insider ASHFORD ORLANDO D

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	10,669	$0.00	$0.00
Exercise	Ordinary Shares	10,669	$10.84	$116K
Exercise Price or Tax Liability	Ordinary Shares	5,122	$10.84	$56K
Grant/Award	Restricted Stock Units	24,363	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 24,363 contracts (Direct); Ordinary Shares — 27,717 shares (Direct)

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

RSU grant: 24,363 RSUs RSU conversion: 10,669 shares Tax-withheld shares: 5,122 shares +3 more

6 metrics

RSU grant 24,363 RSUs Granted May 13 2026; each RSU equals one ordinary share

RSU conversion 10,669 shares RSUs converted into ordinary shares on May 14 2026

Tax-withheld shares 5,122 shares Shares delivered for tax liability at $10.84 per share

Reference price $10.84 per share Applied to May 14 2026 ordinary share transactions

Shares held after transactions 27,717 shares Direct ordinary share holdings following May 14 2026 entries

New RSU vesting date May 13 2027 Vesting date for 24,363 RSUs granted May 13 2026

Key Terms

Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, contingent right

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 exercise/conversion financial

"Exercise or conversion of derivative security"

contingent right financial

"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."

FAQ

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

What insider transactions did Perrigo (PRGO) director Orlando D. Ashford report?

Orlando D. Ashford reported an RSU grant, an RSU conversion, and related tax withholding. He received 24,363 Restricted Stock Units, then 10,669 RSUs converted into ordinary shares, with 5,122 shares withheld to satisfy tax obligations.

How many Perrigo (PRGO) shares did Orlando D. Ashford acquire or receive?

Ashford received 24,363 Restricted Stock Units and had 10,669 RSUs convert into ordinary shares. Each RSU represents a contingent right to one ordinary share, increasing his potential and actual equity exposure through compensation awards and vesting.

Did Orlando D. Ashford sell Perrigo (PRGO) shares in this Form 4 filing?

The filing shows no open-market sale. Instead, 5,122 ordinary shares were disposed of as a tax-withholding transaction, where shares are delivered to cover tax liabilities on equity compensation rather than being sold in the market.

What is the value reference used in Orlando D. Ashford’s Perrigo (PRGO) transactions?

The ordinary share transactions use a reference price of $10.84 per share. This price applies to both the 10,669-share derivative exercise into ordinary shares and the 5,122-share tax-withholding disposition recorded on May 14 2026.

How many Perrigo (PRGO) shares does Orlando D. Ashford hold after these transactions?

Following the May 14 2026 transactions, Ashford directly holds 27,717 ordinary shares. This reflects the RSU conversion into shares and the tax withholding, providing an updated snapshot of his direct equity ownership position in Perrigo.

When do Orlando D. Ashford’s new Perrigo (PRGO) RSUs vest?

The 24,363 Restricted Stock Units granted on May 13 2026 are scheduled to vest on May 13 2027. Upon vesting, each RSU represents a contingent right to receive one Perrigo Company plc ordinary share, subject to the plan’s conditions.

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 - 11:57 AM

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^*

ASHFORD ORLANDO D

(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		10,669	A	$10.84	32,839	D
Ordinary Shares	05/14/2026		F		5,122	D	$10.84	27,717	D

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		24,363		⁽²⁾	⁽²⁾	Ordinary Shares	24,363	⁽¹⁾	24,363	D
Restricted Stock Units	⁽¹⁾	05/14/2026		M			10,669	05/14/2026	⁽³⁾	Ordinary Shares	10,669	⁽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. Ashford	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