[Form 4] PERRIGO COMPANY PLC Insider Trading Activity

Rhea-AI Filing Summary

Insider transactions at Perrigo Company plc (PRGO): An executive (EVP & CBDO) received 7,701 Restricted Stock Units that convert one-for-one into ordinary shares and were reported as acquired, while 2,784 ordinary shares were sold. After these transactions the reporting person beneficially owned 4,917 ordinary shares. The RSUs vest in two equal annual installments beginning on the report's transaction date, so further share delivery will occur over the next year as vesting conditions are met. The mix of a granted/vested equity award and a contemporaneous sale of company stock is consistent with routine executive compensation and portfolio management.

Positive

• 7,701 Restricted Stock Units granted/vested, aligning executive compensation with shareholder value through equity-based awards
• RSUs vesting in two equal annual installments provides ongoing alignment over the next year

Negative

• 2,784 ordinary shares disposed which represents a reduction in the reporting person's direct holdings
• Sale price disclosed ($22.28) indicates the insider sold shares at that price, which could be viewed as partial monetization

Insights

Corporate Governance Expert

TL;DR: Executive received vested RSUs and sold a portion of shares; typical compensation-related activity with limited governance concern.

The filing shows a grant/vesting of 7,701 Restricted Stock Units that convert one-for-one into ordinary shares and a contemporaneous sale of 2,784 shares, leaving 4,917 shares beneficially owned by the reporting executive. The RSUs vest in two equal annual installments, indicating continued alignment of executive pay with shareholder value over time. No Section 16 exemption or 10b5-1 plan box is checked in the visible fields, so the sale appears reported as an open-market or routine disposition rather than under an indicated prearranged plan. For investors, this pattern is common and generally not material absent other company developments.

Securities Analyst

TL;DR: Net increase in potential share count for the insider via RSUs offset by a modest share sale; impact on float is immaterial.

The report documents the acquisition of 7,701 RSUs, each representing one ordinary share, and the disposal of 2,784 ordinary shares at a reported price of $22.28 per share. Post-transaction direct beneficial ownership is 4,917 shares. The quantities involved are small relative to a public company's outstanding shares, so there is no obvious price or control implication. The sale price provided gives a concrete execution level for the disposed shares, but there is no indication of extraordinary insider-driven liquidity events.

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

OMB Number:			3235-0287
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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^*

Ball David

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CBDO

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

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	09/09/2025		M		7,701	A	$22.28	7,701	D
Ordinary Shares	09/09/2025		F		2,784	D	$22.28	4,917	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)	09/09/2025		M			7,701	(2)	(2)	Ordinary Shares	7,701	(1)	7,701	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 in 2 equal annual installments beginning 9 September 2025.

Remarks:

	/s/ Diana Witt, attorney-in- fact for Mr. David Ball	09/11/2025
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What transactions did the Perrigo (PRGO) reporting person disclose?

The filing reports acquisition of 7,701 Restricted Stock Units (each convertible into one ordinary share) and disposal of 2,784 ordinary shares.

How many shares does the reporting person own after these transactions?

The reporting person beneficially owns 4,917 ordinary shares following the reported transactions.

What is the vesting schedule for the Restricted Stock Units reported?

The RSUs vest in two equal annual installments beginning on the transaction date.

At what price were the disposed shares sold?

The disposed ordinary shares were reported at a price of $22.28 per share.

Do these transactions indicate a change in control or large insider exit?

No. The filing shows an equity award plus a partial sale consistent with routine compensation and liquidity; quantities are not indicative of a change in control.