Bezerra Eduardo Guarita 4

What Happened

• Perrigo CFO Eduardo Guarita Bezerra exercised stock derivatives and received an award/vesting of restricted stock units on March 6, 2026. The filing shows acquisitions of 4,870 shares ($52,206), 4,980 shares ($53,386), and a grant/vesting of 22,208 shares ($238,070) for a total acquired position of 32,058 shares valued at $343,662. To satisfy tax withholding on the vesting/exercise, 8,065 shares were withheld (disposed) with a value of $86,457, leaving a net ~23,993 shares retained worth about $257,205.

Key Details

• Transaction date: March 6, 2026; filing date: March 10, 2026 (filed within required two business days).
• Prices recorded for the acquired/awarded shares: $10.72 per share for the reported amounts.
• Net effect: +32,058 shares acquired, -8,065 shares withheld for taxes → net +23,993 shares (net value ≈ $257,205).
• Transaction codes: M = exercise/conversion of derivative (options), A = grant/award, F = shares withheld to pay exercise price/taxes.
• Footnotes indicate these were vesting/awards of restricted stock units (RSUs) — including performance-based RSUs granted March 6, 2023 and time‑vested RSUs with scheduled vesting (see footnotes F1–F5). Each RSU represents a right to one Perrigo ordinary share.
• Shares owned after the transactions are not disclosed in the excerpt of the filing.

Context

• This activity appears to be routine option exercise and RSU vesting with shares withheld to cover tax obligations (a common "cashless" element of vesting/exercise). Exercises and RSU vesting are not the same as open‑market purchases—while acquisitions increase the insider's stake, they often reflect preexisting compensation rather than new out‑of‑pocket bullish investment.