Perrigo (PRGO) Director Reports Share Sale and 1,263 RSU Grant

Rhea-AI Filing Summary

Bradley A. Alford, a director of Perrigo Company plc (PRGO), reported a sale and a grant on Form 4. The filing shows a disposition of 41,160.148 ordinary shares on 09/12/2025. The filing also reports acquisition of 1,263 Restricted Stock Units (RSUs) on 09/12/2025, each representing a contingent right to one ordinary share, with vesting on 12 September 2026. The RSUs are held directly. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Alford on 09/15/2025. The document does not state a sale price, remaining total ordinary shares owned after the sale, or the reason for the transactions.

Positive

• Grant of 1,263 Restricted Stock Units with an explicit vesting date of 12 September 2026, aligning director compensation with shareholder interests

Negative

• Disposition of 41,160.148 ordinary shares by a director on 09/12/2025, which reduces insider ownership stake
• Filing does not disclose sale price or post-transaction total holdings, limiting transparency for assessing materiality

Insights

Financial Analyst

TL;DR: Director sold a sizable block of shares and received a modest RSU grant; transactions appear routine but reduce insider ownership.

The reported disposition of 41,160.148 ordinary shares on 09/12/2025 is a material insider sale by a director in absolute terms, while the grant of 1,263 RSUs vests on 12 September 2026 and increases future share-based compensation exposure. The filing does not disclose sale price or post-transaction shareholdings, limiting assessment of proceeds or percentage ownership change. Without price or context, the market impact is unclear; this appears to be a standard insider reporting event rather than a disclosure of corporate news.

Corporate Governance Expert

TL;DR: Routine director reporting: a share disposition and standard RSU award, with clear vesting date but no explanatory context.

The Form 4 correctly identifies Mr. Alford as a director and shows both a disposal and a grant on the same date. The RSU vesting date is explicitly stated. The filing lacks commentary on whether the sale was part of a pre-arranged plan or for personal liquidity, and does not show resulting beneficial ownership levels. From a governance standpoint, the items are properly reported but additional disclosure would aid investor interpretation.

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

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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^*

Alford Bradley A

(Last) (First) (Middle)

C/O PERRIGO COMPANY PLC

515 EASTERN AVENUE

(Street)

ALLEGAN MI 49010

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares								41,160.148	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	09/12/2025		A		1,263		(2)	(2)	Ordinary Shares	1,263	(1)	1,263	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 12 September 2026.

Remarks:

	/s/ Diana Witt, attorney-in-fact for Mr. Bradley Alford	09/15/2025
	** 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).
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FAQ

What did PRGO director Bradley A. Alford report on Form 4?

The filing reports a disposition of 41,160.148 ordinary shares and the acquisition of 1,263 Restricted Stock Units (RSUs) on 09/12/2025.

When do the RSUs reported by Bradley Alford vest?

The RSUs vest on 12 September 2026 according to the Form 4 explanation.

Does the Form 4 state the sale price for the 41,160.148 PRGO shares?

No. The Form 4 does not provide a sale price for the disposed shares.

Who filed the Form 4 for Bradley A. Alford?

The Form 4 was signed by Diana Witt, attorney-in-fact for Mr. Bradley Alford on 09/15/2025.

Is Bradley Alford an insider of PRGO?

Yes. The form identifies him as a Director of Perrigo Company plc (PRGO).