Form 4: Perrigo Executive Abigail Lennox Receives Restricted Stock Units

Abigail Lennox, EVP and CSO of Perrigo Company plc, was granted 9,553 restricted stock units (RSUs) on February 7, 2025, which vest in three equal annual installments starting February 7, 2026.

Summary

• This is a Form 4 filing, indicating a change in beneficial ownership of securities.
• Abigail Lennox, the EVP and CSO of Perrigo Company plc, received 9,553 Restricted Stock Units (RSUs) on February 7, 2025.
• These RSUs represent a contingent right to receive one Perrigo Company plc ordinary share each.
• The RSUs vest in three equal annual installments, beginning on February 7, 2026.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of RSUs is a standard practice and indicates confidence in the executive's future contributions.

Positives

• The grant of RSUs to a key executive like the EVP and CSO can be seen as an incentive to align their interests with the company's long-term performance.

Future Outlook

The vesting schedule of the RSUs suggests a commitment to the company's future performance over the next three years.

Industry Context

Granting RSUs is a common practice in the industry to incentivize executives and align their interests with shareholders.

Stakeholder Impact

• The grant of RSUs aligns the executive's interests with those of the shareholders, potentially leading to increased shareholder value.

Key Dates

Keywords

Form 4, Restricted Stock Units, RSU, Perrigo, Abigail Lennox, Beneficial Ownership, Equity Compensation