Perrigo (PRGO) insider purchase: 4,375 shares by director Parker
Rhea-AI Filing Summary
Geoffrey M. Parker, a director of Perrigo Company plc (PRGO), purchased 4,375 ordinary shares on 08/18/2025 at $22.9708 per share. Following the purchase, Mr. Parker is reported to beneficially own 33,287 shares directly and holds additional indirect holdings of 25,879 shares through a revocable trust and 5,500 shares in a Roth IRA, as disclosed on Form 4. The filing was signed by an attorney-in-fact on 08/19/2025 and includes explanatory notes identifying the trust and the Roth IRA as the vehicles for indirect ownership.
Positive
- Director purchase disclosed: Geoffrey M. Parker acquired 4,375 shares at $22.9708, indicating insider buying activity.
- Clear ownership breakdown: Filing specifies direct ownership (33,287 shares) and indirect holdings via revocable trust (25,879) and Roth IRA (5,500).
- Proper disclosure and signature: Form 4 includes explanatory notes and a dated signature by an attorney-in-fact.
Negative
- None.
Insights
TL;DR: Director purchased 4,375 shares at $22.97, modest insider buying with limited immediate market impact.
The reported purchase is a straightforward open-market acquisition by a director rather than part of a 10b5-1 plan, indicated by transaction code "P." The price of $22.9708 and the size—4,375 shares—result in a direct holding of 33,287 shares post-transaction. For a company-level materiality assessment, the filing provides no company market-cap or percent-change context, so this should be viewed as a routine insider purchase that may signal confidence but is not necessarily material by itself.
TL;DR: Governance disclosure is complete and includes trustee and IRA details; signature by attorney-in-fact is properly noted.
The Form 4 distinctly identifies the reporting person as a director and discloses both direct and indirect holdings, including a revocable trust and a Roth IRA, satisfying reporting detail requirements. The signature line shows filing by an attorney-in-fact, with the execution date provided. No amendments or plan-related checkboxes are marked, and the explanation clarifies the nature of indirect ownership, supporting transparency in insider disclosure.