Perrigo (NYSE: PRGO) director logs RSU exercise, tax withholding and 2,559-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perrigo Company plc director Bradley A. Alford reported compensation-related share movements. On June 12 2026, he exercised 976 Restricted Stock Units into Ordinary Shares at $10.99 per share, with 469 shares withheld to cover tax obligations. He also received a new grant of 2,559 Restricted Stock Units, each representing a contingent right to one Ordinary Share that vests on June 12 2027. Following these transactions, he directly holds 45,465.148 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
976 shares exercised/converted
Mixed
4 txns
Insider
Alford Bradley A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,559 | $0.00 | -- |
| Exercise | Restricted Stock Units | 976 | $0.00 | -- |
| Exercise | Ordinary Shares | 976 | $10.99 | $11K |
| Tax Withholding | Ordinary Shares | 469 | $10.99 | $5K |
Holdings After Transaction:
Restricted Stock Units — 2,559 shares (Direct, null);
Ordinary Shares — 45,934.148 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 June 12 2027. Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting on 13 June 2026.
Key Figures
RSU exercise into shares: 976 shares
Tax-withholding shares: 469 shares at $10.99
New RSU grant: 2,559 Restricted Stock Units
+4 more
7 metrics
RSU exercise into shares
976 shares
Ordinary Shares from Restricted Stock Units on June 12 2026
Tax-withholding shares
469 shares at $10.99
Shares withheld to cover tax liability on June 12 2026
New RSU grant
2,559 Restricted Stock Units
Award representing future Ordinary Shares, vesting June 12 2027
Shares held after transactions
45,465.148 Ordinary Shares
Direct holdings following June 12 2026 transactions
Exercise price reference
$10.99 per share
Price per share used in reported RSU-related entries
Total RSU exercise shares
976 shares
ExerciseShares in transactionSummary for derivative exercise
Tax withholding shares total
469 shares
TaxWithholdingShares in transactionSummary
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, grant, award, or other acquisition
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
"transaction_action: tax-withholding disposition for 469 Ordinary Shares at $10.99 per share."
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 security financial
"transaction_code_description: Exercise or conversion of derivative security for RSU transactions."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition for 2,559 Restricted Stock Units."
FAQ
What did Perrigo (PRGO) director Bradley A. Alford report in this Form 4?
Bradley A. Alford reported an exercise of 976 Restricted Stock Units into Ordinary Shares, a tax-withholding disposition of 469 shares at $10.99 per share, and a new grant of 2,559 Restricted Stock Units as equity compensation.
What new equity award did Bradley A. Alford receive from Perrigo (PRGO)?
He received a grant of 2,559 Restricted Stock Units, each representing a contingent right to one Ordinary Share. According to the footnotes, these units are scheduled to vest on June 12 2027, subject to the award’s terms.
When do Bradley A. Alford’s Perrigo (PRGO) Restricted Stock Units vest?
The new 2,559-unit award vests on June 12 2027. A separate footnote notes that certain other Restricted Stock Units vest on June 13 2026, each unit converting into one Ordinary Share upon vesting and settlement.
What does the tax-withholding disposition mean in this Perrigo (PRGO) Form 4?
The Form 4 reports a tax-withholding disposition of 469 Ordinary Shares at $10.99 per share. This indicates the issuer withheld shares to satisfy tax liabilities arising from the RSU exercise, rather than an open-market sale by the director.