Perrigo director exercises 1,263 RSUs at $13.66
PRGO director Geoffrey M. Parker exercised 1,263 RSUs and had 607 shares withheld to cover the exercise price or tax obligations.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
PERRIGO Co plc (PRGO) director Geoffrey M. Parker reported an automatic conversion of 1,263 Restricted Stock Units into the same number of ordinary shares on September 11, 2026. At a reported value of $13.66 per share, 607 shares were delivered or withheld to cover the exercise price or tax liability, with the balance retained as ordinary shares. Following these transactions, Parker is reported as holding ordinary shares indirectly through a revocable trust and a Roth IRA.
Insider Trade Summary
1,263 shares exercised/converted
Exercise
3 txns
Insider
Parker Geoffrey M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 1,263 | -- | -- |
| Exercise | Ordinary Shares | 1,263 | $13.66 | $17K |
| Exercise Price or Tax Liability | Ordinary Shares | 607 | $13.66 | $8K |
| Holding | Ordinary Shares F1 | -- | -- | -- |
| Holding | Ordinary Shares F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Ordinary Shares — 33,873 shares (Direct);
Ordinary Shares — 25,879 shares (Indirect, Revocable Trust);
Ordinary Shares — 17,375 shares (Indirect, IRA)
Holdings Before and After:
Restricted Stock Units, 1,263 to 0 contracts (Direct);
Ordinary Shares, 33,217 to 33,873 shares (Direct)
Footnotes (4)
- F1. Revocable trust in which Geoffrey Parker and Jill Parker are the trustees.
- F2. Geoffrey M. Parker Roth IRA.
- F3. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
- F4. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 12 September 2026.
Key Figures
RSUs exercised: 1,263 units
Shares acquired upon RSU conversion: 1,263 shares
Shares delivered/withheld for exercise price or tax liability: 607 shares
+3 more
6 metrics
RSUs exercised
1,263 units
Restricted Stock Units converted into ordinary shares on September 11, 2026
Shares acquired upon RSU conversion
1,263 shares
Ordinary shares received from RSU conversion on September 11, 2026
Shares delivered/withheld for exercise price or tax liability
607 shares
Ordinary shares used to cover exercise price or tax liability at $13.66 per share
Reported per-share value
$13.66 per share
Applied to ordinary shares received and shares delivered/withheld
Indirect holdings – revocable trust
25,879 shares
Ordinary shares held indirectly through a revocable trust after the transactions
Indirect holdings – Roth IRA
17,375 shares
Ordinary shares held indirectly through a Roth IRA after the transactions
Key Terms
Restricted Stock Units, Revocable trust, Roth IRA
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Revocable trust financial
"Revocable trust in which Geoffrey Parker and Jill Parker are the trustees."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Roth IRA financial
"Geoffrey M. Parker Roth IRA."
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PRGO director Geoffrey M. Parker report on this Form 4?
He reported an exercise of 1,263 Restricted Stock Units, receiving the same number of ordinary shares, and a related disposition of 607 shares delivered or withheld to pay the exercise price or tax liability on September 11, 2026.
How many PRGO Restricted Stock Units did Geoffrey M. Parker convert?
Geoffrey M. Parker converted 1,263 Restricted Stock Units, each representing a contingent right to receive one ordinary share of Perrigo Co plc, into 1,263 ordinary shares on September 11, 2026.
Was Geoffrey M. Parker’s PRGO transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions; the document-level 10b5-1 checkbox is not marked as being pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
