Form 4: Perrigo Executive Kyle Hanson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP & General Counsel of Perrigo, Kyle Hanson, reports acquisition and disposal of ordinary shares and restricted stock units.

Summary

  • On March 6, 2024, Kyle Hanson, EVP & General Counsel of Perrigo Company plc, reported transactions involving Perrigo's ordinary shares and restricted stock units.
  • Hanson acquired 3,518 ordinary shares at a price of $28.09.
  • Hanson also disposed of 1,147 ordinary shares at a price of $28.09.
  • Following these transactions, Hanson directly owns 11,137 ordinary shares.
  • The transactions also involved restricted stock units, with 3,518 units vesting on March 6, 2024.
  • Each restricted stock unit represents a contingent right to receive one Perrigo Company plc ordinary share, vesting in three equal annual installments beginning March 6, 2024.
  • After the reported transactions, Hanson directly owns 7,034 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, simply reporting stock transactions. There is no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity but doesn't necessarily indicate a broader trend in the industry.

Stakeholder Impact

  • The reported transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
05/26/2022Date of Power of Attorney execution.
03/06/2024Date of earliest transaction (acquisition/disposal of shares and vesting of restricted stock units).
03/08/2024Date of signature for the Form 4 filing.

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