Perrigo (PRGO) director Orlando Ashford exercises 10,669 RSUs and withholds 5,122 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,669 shares exercised/converted
Mixed
4 txns
Insider
ASHFORD ORLANDO D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,669 | $0.00 | -- |
| Exercise | Ordinary Shares | 10,669 | $10.84 | $116K |
| Tax Withholding | Ordinary Shares | 5,122 | $10.84 | $56K |
| Grant/Award | Restricted Stock Units | 24,363 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 32,839 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 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
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
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.
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.
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.