Form 4: Perrigo Co plc Director Adriana Karaboutis Reports Stock Transactions

Director Adriana Karaboutis reports acquisition and disposal of Perrigo Co plc ordinary shares and restricted stock units on May 14, 2025.

Summary

• On May 14, 2025, Adriana Karaboutis, a director of Perrigo Co plc, reported transactions involving the company's ordinary shares and restricted stock units.
• Karaboutis acquired 9,904 ordinary shares through the vesting of restricted stock units at a price of $26.01.
• She also disposed of 4,754 ordinary shares to cover tax obligations at a price of $26.01.
• Following these transactions, Karaboutis directly owns 27,629 ordinary shares.
• Additionally, Karaboutis acquired 7,305 restricted stock units that vest on May 14, 2026.
• She also disposed of 9,904 restricted stock units that vested on May 14, 2025.
• After the reported transactions, Karaboutis directly owns 7,305 restricted stock units.

Sentiment

Score: 5

Explanation: The document is neutral, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares through vesting of restricted stock units indicates confidence in the company's future performance.

Negatives

• The disposal of shares to cover tax obligations could be perceived negatively, although it's a common practice.

Risks

• There are no specific risks mentioned in this document, as it primarily reports stock transactions.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
• Companies like Teva Pharmaceutical Industries and Mylan (now Viatris) also have similar insider transaction reporting requirements due to their public listing.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, providing insight into director's holdings and sentiment.

Key Dates

Keywords

Perrigo, Karaboutis, Director, Ordinary Shares, Restricted Stock Units, Form 4, SEC, Transaction