Lennox Abigail 4

What Happened Abigail Lennox, EVP and CSO of Perrigo Company plc (PRGO), exercised derivative awards on Feb 6, 2026, resulting in 3,185 ordinary shares acquired at an exercise price of $14.64 (gross value ~$46,628). To cover tax and/or exercise obligations, 1,660 of those shares were withheld (disposed) at the same per-share price (value ~$24,302), leaving an estimated net of 1,525 shares delivered to Lennox. The filing shows the derivative instrument was converted/terminated as part of the exercise.

Key Details

• Transaction date: 2026-02-06 (filed with SEC on 2026-02-10; filing appears timely).
• Exercise: 3,185 shares acquired at $14.64/share — gross amount $46,628.
• Tax/payment withholding: 1,660 shares withheld/disposed at $14.64/share — value $24,302.
• Net shares received (calculated): 3,185 − 1,660 = 1,525 shares.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1/F2 indicate these awards are Restricted Stock Units (RSUs) representing a contingent right to one ordinary share; F2 notes vesting in three equal annual installments beginning Feb 6, 2026.
• Transaction codes: M = option/derivative exercise; F = shares used to satisfy tax withholding/payment.

Context

• This was an exercise of a derivative award (not an open-market purchase). The withholding of shares to cover taxes is a routine practice and not the same as a voluntary sale on the open market.
• Exercises and withholding are administrative and do not on their own indicate a change in insider sentiment; purchases are generally considered more informative about bullish views.
• No 10% owner or gift activity is indicated.