Form 4: Perrigo EVP & CFO Eduardo Guarita Bezerra Reports Changes in Beneficial Ownership
SEC Form 4
Eduardo Guarita Bezerra, EVP & CFO of Perrigo Co. plc, reports transactions involving ordinary shares and restricted stock units.
Summary
- On March 6 and 7, 2025, Eduardo Guarita Bezerra, the EVP & CFO of Perrigo Co. plc, engaged in transactions involving Perrigo's ordinary shares and restricted stock units.
- These transactions included the vesting of performance-based restricted stock units, the acquisition of shares, and the disposal of shares to cover tax obligations.
- Specifically, 4,870 restricted stock units vested on March 6, 2025, and 9,960 restricted stock units were acquired on the same date.
- On March 7, 2025, 26,738 ordinary shares were acquired at a price of $27.76, and 6,511 shares were disposed of at the same price.
- Following these transactions, Bezerra directly owns 39,285 ordinary shares.
- He also owns 4,870 restricted stock units vesting in three equal annual installments beginning March 6, 2024, and 9,960 restricted stock units vesting in two equal annual installments beginning March 6, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document outlines the vesting schedule for restricted stock units, indicating future equity compensation for the reporting person.
Industry Context
This filing is a routine disclosure related to executive compensation and ownership, common among publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies, ensuring transparency regarding insider transactions.
- Executive compensation packages often include restricted stock units, aligning management's interests with those of shareholders.
- The vesting schedules and terms of these units are generally comparable to those offered by peer companies to attract and retain talent.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
- It assures stakeholders that executives' interests are aligned with theirs through equity ownership.
Key Dates
| Date | Description |
|---|---|
| June 7, 2022 | Date of grant for performance-based restricted stock units. |
| March 6, 2024 | Beginning of vesting for 4,870 restricted stock units in three equal annual installments. |
| March 6, 2025 | Vesting of 4,870 restricted stock units; acquisition of 9,960 restricted stock units. |
| March 7, 2025 | Acquisition of 26,738 ordinary shares and disposal of 6,511 ordinary shares. |
| March 6, 2026 | Beginning of vesting for 9,960 restricted stock units in two equal annual installments. |
| March 10, 2025 | Date of signature for the report. |
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