Form 4: Perrigo Director Albert Manzone Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Albert Manzone reports acquisition and disposal of Perrigo Company plc ordinary shares and vesting of restricted stock units.
Summary
- On May 15, 2024, Albert Manzone, a director of Perrigo Company plc, reported transactions involving the company's ordinary shares.
- Manzone acquired 8,764 shares through the vesting of restricted stock units at a price of $30.22 per share.
- He also disposed of 4,207 shares to cover tax obligations related to the vesting of the restricted stock units, also at $30.22 per share.
- Following these transactions, Manzone directly owns 7,405 ordinary shares.
- Additionally, on May 14, 2024, Manzone was granted 9,904 restricted stock units which vest on 14 May 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
- The filing ensures compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 2022-07-08 | Date of Power of Attorney execution. |
| 2024-05-14 | Date of Restricted Stock Units grant (9,904 units vesting on 14 May 2025). |
| 2024-05-15 | Date of ordinary shares acquisition and disposal. |
| 2024-05-16 | Date of signature for the report. |
| 2025-05-14 | Vesting date for 9,904 Restricted Stock Units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.