Form 4: Perrigo Executive Roberto Khoury Trades Shares

Roberto Khoury, EVP and President of CSCI at Perrigo Company plc, reported transactions involving ordinary shares and restricted stock units on June 5, 2026.

Summary

• Roberto Khoury, an Executive Vice President and President of CSCI at Perrigo Company plc (PRGO), engaged in several transactions involving the company's ordinary shares and restricted stock units (RSUs) on June 5, 2026.
• These transactions included the acquisition of 7,888 ordinary shares at $10.83 per share, the disposal of 4,118 ordinary shares at $10.83 per share, the acquisition of 2,980 ordinary shares at $10.83 per share, the disposal of 1,556 ordinary shares at $10.83 per share, the acquisition of 7,034 ordinary shares at $10.83 per share, and the disposal of 3,672 ordinary shares at $10.83 per share.
• Additionally, Khoury had transactions related to Restricted Stock Units (RSUs): 7,888 RSUs were acquired, representing a contingent right to receive one ordinary share, with vesting in two equal annual installments starting June 7, 2025. Another 2,980 RSUs were acquired, also representing a contingent right to one ordinary share, with vesting in three equal annual installments starting June 7, 2025. Finally, 7,034 RSUs were acquired, representing a contingent right to one ordinary share, with vesting in three equal annual installments starting June 6, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It reports routine insider transactions involving both the acquisition and disposal of shares, as well as the grant of RSUs, which is typical for executive compensation and personal portfolio management.

Positives

• Roberto Khoury acquired a net of 5,074 ordinary shares through multiple transactions.
• The acquisition of 7,888, 2,980, and 7,034 Restricted Stock Units indicates continued equity-based incentive for management, aligning their interests with shareholders.
• The RSUs acquired have defined vesting schedules, providing a clear path for future share ownership.

Negatives

• Roberto Khoury disposed of a total of 9,346 ordinary shares across multiple transactions.
• The disposal of shares could be interpreted as a reduction in direct beneficial ownership by a key executive.

Risks

• The disposal of ordinary shares by a senior executive could be perceived negatively by the market, although the context of RSUs suggests a potential rebalancing of holdings.
• The vesting schedules for RSUs are tied to specific dates, and any changes to these schedules or the underlying performance conditions (if any) could impact future share ownership.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Management Comments

• The filing is a statement of changes in beneficial ownership and does not contain direct comments from management regarding the transactions.
• The signature indicates that Diana Witt acted as an attorney-in-fact for Mr. Roberto Khoury.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The reported activity by Roberto Khoury, EVP and President of CSCI at Perrigo, involves both acquisitions and disposals of ordinary shares, alongside the acquisition of Restricted Stock Units (RSUs). This type of activity is common for executives as they manage their compensation packages and personal investment portfolios.

Stakeholder Impact

• Shareholders: The net acquisition of ordinary shares by an executive may be viewed positively, while disposals could raise questions, though the context of RSUs suggests a balanced approach to compensation and investment.
• Employees: The grant of RSUs to executives reinforces the company's use of equity-based incentives, which can be a common practice across the organization.
• Management: The transactions reflect the executive's ongoing compensation and personal investment strategy related to Perrigo stock.

Next Steps

• Monitoring future Form 4 filings from Roberto Khoury and other Perrigo executives to observe trends in beneficial ownership.
• Observing the vesting of the reported Restricted Stock Units according to their specified schedules.

Key Dates

Keywords

SEC Form 4, Perrigo Company plc, PRGO, Roberto Khoury, Insider Trading, Stock Transaction, Restricted Stock Units, Ordinary Shares, Beneficial Ownership, Executive Compensation