Perrigo (PRGO) Form 4: Director Disposes Shares and Gets RSUs
Rhea-AI Filing Summary
Geoffrey M. Parker, a director of Perrigo Company plc (PRGO), reported transactions dated 09/12/2025. He disposed of 28,912 ordinary shares and received 1,263 Restricted Stock Units that vest on 12 September 2026. After the reported transactions he beneficially owned 25,879 ordinary shares directly, plus 9,875 shares via a revocable trust and 9,875 shares via a Roth IRA as disclosed. The Form 4 was signed by an attorney-in-fact on 09/15/2025. Explanations clarify that each RSU converts to one ordinary share on vesting.
Positive
- None.
Negative
- None.
Insights
TL;DR Director sold stock and took RSUs that vest in one year, leaving modest ongoing holdings.
The Form 4 shows a sale of 28,912 ordinary shares and the grant/receipt of 1,263 restricted stock units exercisable into one share each upon vesting on 12 September 2026. Post-transaction beneficial ownership is disclosed across direct and indirect holdings including a revocable trust and a Roth IRA. The transaction appears routine compensation-related vesting and a disposition; there is no financial performance data or indication of unusual insider activity in the filing itself.
TL;DR Routine director reporting: disposition plus time‑vested equity award, properly disclosed under Section 16.
The reporting person is identified as a company director and the form includes standard explanatory notes: trustees for a revocable trust, a Roth IRA, and that each RSU converts to one ordinary share. The disclosure includes the execution and signature by an attorney-in-fact, consistent with proxy handling. No governance red flags or material changes to control are evident from this single filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,263 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Revocable trust in which Geoffrey Parker and Jill Parker are the trustees. Geoffrey M. Parker Roth IRA. 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 12 September 2026.