Form 4: Perrigo EVP Abigail Lennox Receives RSU Grant

Perrigo Company plc EVP and CSO Abigail Lennox was granted 31,607 restricted stock units on May 13, 2026.

Summary

• Abigail Lennox, EVP and CSO of Perrigo Company plc, received a grant of 31,607 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one ordinary share of Perrigo Company plc.
• The RSUs are scheduled to vest in three equal annual installments beginning on May 13, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation practices.

Positives

• The grant aligns the executive's long-term interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the granted RSUs is subject to future fluctuations in Perrigo's share price.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a standard disclosure of executive equity compensation.

Industry Context

StockSavvy.ai notes that this is a routine regulatory disclosure regarding executive compensation and does not signal a change in corporate strategy or financial performance.

Comparison to Industry Standards

• The use of multi-year vesting schedules for RSU grants is standard practice for executive compensation in the pharmaceutical and consumer goods sectors.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity incentive grant.

Next Steps

• Vesting of the first tranche of RSUs on May 13, 2027.

Key Dates

Keywords

Perrigo, PRGO, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units