Form 4: Perrigo Executive Svend Andersen Sells Shares
SEC Form 4 Filing
Svend Andersen, EVP & President CHCI at Perrigo Co plc, reports the sale of ordinary shares on August 20, 2024.
Summary
- On August 20, 2024, Svend Andersen, EVP & President CHCI of Perrigo Co plc, sold 20,500 ordinary shares at $27.86 per share.
- He also sold 7,800 ordinary shares at $27.455 per share and 6,683 ordinary shares at $27.425 per share.
- Following these transactions, Andersen directly owns 73,553 ordinary shares and indirectly owns 7,000 shares through The Panel ApS.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a sale of shares by an executive, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the pharmaceutical industry.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of earliest transaction: Sale of ordinary shares. |
| 08/21/2024 | Date of signature for the report. |
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