Form 4: Perrigo Executive Reports Stock Transactions

Patrick Lockwood-Taylor, former CEO and director of Perrigo Company plc, reported transactions involving ordinary shares and restricted stock units.

Summary

• Patrick Lockwood-Taylor, identified as a former CEO and director, has reported transactions related to Perrigo Company plc ordinary shares.
• On June 5, 2026, 25,230 ordinary shares were acquired at a price of $10.83 per share.
• Additionally, 12,906 ordinary shares were disposed of at the same price of $10.83 per share.
• Following these transactions, Lockwood-Taylor beneficially owns 123,170 ordinary shares.
• The filing also details transactions involving Restricted Stock Units (RSUs).
• 25,230 RSUs were acquired on June 5, 2026.
• These RSUs represent a contingent right to receive one Perrigo Company plc ordinary share each.
• The RSUs vest in three equal annual installments starting June 6, 2026.
• Lockwood-Taylor holds 50,458 RSUs directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider transactions related to equity compensation and holdings, without indicating significant shifts in strategy or financial performance.

Positives

• Acquisition of 25,230 ordinary shares at $10.83 per share indicates continued investment or compensation.
• The acquisition of 25,230 Restricted Stock Units, which vest over time, suggests a long-term incentive structure.

Negatives

• Disposal of 12,906 ordinary shares at $10.83 per share could indicate a reduction in direct holdings.

Future Outlook

Restricted Stock Units acquired on June 5, 2026, will vest in three equal annual installments beginning June 6, 2026, representing a contingent right to receive Perrigo Company plc ordinary shares.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company executives and directors. The reported transactions for Patrick Lockwood-Taylor, a former executive, are typical for individuals transitioning from active roles, often involving the exercise or vesting of equity awards.

Management Changes

Stakeholder Impact

• Shareholders: Increased transparency into insider holdings and transactions, which can influence market perception.
• Employees: The vesting of RSUs for former executives can be a standard part of compensation packages, reflecting long-term incentive alignment.

Next Steps

• Vesting of Restricted Stock Units in three equal annual installments beginning June 6, 2026.

Key Dates

Keywords

Perrigo Company plc, PRGO, Form 4, Stock Transaction, Beneficial Ownership, Ordinary Shares, Restricted Stock Units, Patrick Lockwood-Taylor, SEC Filing