Form 4: Perrigo Executive Roberto Khoury Reports Acquisition of Restricted Stock Units and Direct Share Ownership

Perrigo Company plc's EVP and President of CSCI, Roberto Khoury, reported the acquisition of 2,211 Restricted Stock Units and direct beneficial ownership of 5,205 ordinary shares.

Summary

• Roberto Khoury, the Executive Vice President and President of Consumer Self-Care International (CSCI) at Perrigo Company plc, reported changes in his beneficial ownership.
• On July 8, 2025, Mr. Khoury acquired 2,211 Restricted Stock Units (RSUs).
• Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
• These RSUs are scheduled to vest in three equal annual installments, with the first vesting occurring on July 8, 2026.
• Following the reported transaction, Mr. Khoury directly beneficially owns 5,205 ordinary shares.
• He also directly beneficially owns 2,211 Restricted Stock Units.

Sentiment

Score: 7

Explanation: The acquisition of Restricted Stock Units by a key executive is generally viewed positively as it aligns the executive's financial interests with the long-term performance of the company and shareholder value.

Positives

• Acquisition of 2,211 Restricted Stock Units by a key executive, Roberto Khoury, which aligns his interests with long-term shareholder value.
• Direct beneficial ownership of 5,205 ordinary shares by the EVP and President of CSCI, demonstrating a vested interest in the company's performance.

Future Outlook

The acquired Restricted Stock Units are set to vest in three equal annual installments, beginning on July 8, 2026, indicating a future commitment and incentive structure for the executive.

Industry Context

This Form 4 filing reflects a routine executive compensation event, where a key executive receives equity-based incentives, a common practice across various industries to align management interests with shareholder value.

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with company performance and long-term value creation.

Next Steps

• Vesting of the 2,211 Restricted Stock Units in three equal annual installments, commencing on July 8, 2026.

Key Dates

Keywords

Perrigo Company plc, PRGO, Roberto Khoury, SEC Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Share Ownership