Form 4: Perrigo Interim CEO Albert Manzone Receives RSU Grant

Interim President and CEO Albert Manzone was granted 1,069 restricted stock units as part of his compensation package.

Summary

• Albert Manzone, Interim President and CEO of Perrigo Company plc, received a grant of 1,069 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one ordinary share of Perrigo Company plc.
• The grant was issued on June 12, 2026.
• The total beneficial ownership for the reporting person following this transaction is 16,353 ordinary shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation with no material impact on company strategy or financial health.

Positives

• Alignment of executive interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified in this filing.

Risks

• Standard market risks associated with equity ownership and executive compensation performance metrics.

Future Outlook

The RSUs are scheduled to vest on June 12, 2027, contingent upon continued service.

Industry Context

StockSavvy.ai notes that equity grants to interim leadership are standard corporate governance practices intended to incentivize stability and performance during leadership transitions.

Comparison to Industry Standards

• The grant of RSUs as part of executive compensation is consistent with standard practices for S&P 500 and mid-cap pharmaceutical companies.
• The vesting period of one year is a common retention mechanism for executive equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Vesting of the 1,069 RSUs on June 12, 2027.

Key Dates

Keywords

Perrigo, PRGO, Insider Trading, Form 4, Executive Compensation, Restricted Stock Units