Form 4: Perrigo CEO Lockwood-Taylor Trades Shares
Insider Transaction Report
Perrigo CEO Patrick Lockwood-Taylor reported transactions involving ordinary shares and restricted stock units on April 2, 2026.
Summary
- Patrick Lockwood-Taylor, CEO of Perrigo Company plc, engaged in stock transactions on April 2, 2026.
- He acquired 17,834 ordinary shares at a price of $10.85 per share.
- He also disposed of 9,123 ordinary shares at the same price of $10.85 per share.
- Following these transactions, Lockwood-Taylor beneficially owns 110,846 ordinary shares directly.
- Additionally, 17,834 restricted stock units were acquired, each representing a contingent right to receive one ordinary share.
- These restricted stock units vest in three equal annual installments starting April 5, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions with both acquisitions and disposals by the CEO.
Positives
- Acquisition of 17,834 ordinary shares by the CEO, potentially indicating confidence in the company.
- Restricted stock units acquired suggest a long-term incentive structure for the CEO.
Negatives
- Disposal of 9,123 ordinary shares by the CEO, which could be interpreted as a reduction in direct ownership.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The CEO's acquisition of shares can be seen as a positive signal, while disposals warrant monitoring for patterns.
Stakeholder Impact
- Shareholders may view the CEO's acquisition of shares positively, but the disposal could raise questions about his confidence in the short-term stock performance.
Key Dates
| Date | Description |
|---|---|
| 04/02/2026 | Date of stock transactions (acquisition and disposal). |
| 04/03/2026 | Date of filing signature. |
| 04/05/2025 | Beginning of vesting for restricted stock units. |
Keywords
Perrigo Company plc, PRGO, Form 4, Insider Trading, Stock Transaction, CEO, Patrick Lockwood-Taylor, Restricted Stock Units, Ordinary Shares
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