Ball David 4

What Happened
David Ball, EVP & Chief Business Development Officer at Perrigo Company plc (PRGO), converted/exercised 2,867 derivative awards into ordinary shares on June 5, 2026. The reported per-share value used for the transaction was $10.83, giving an aggregate value of about $31,050. To cover tax withholding, 1,037 shares were surrendered/withheld (disposition) with a reported value of about $11,231. One additional derivative line in the filing shows the underlying award was cancelled upon conversion (typical for RSU/derivative settlement).

Key Details

• Transaction date: 2026-06-05; Form 4 filed 2026-06-08 reporting the activity. The filing does not indicate lateness.
• Conversion/exercise: 2,867 shares acquired at $10.83 (aggregate ~$31,050).
• Tax withholding: 1,037 shares withheld/disposed at $10.83 (aggregate ~$11,231).
• Footnotes: F1/F2 indicate these were Restricted Stock Units (each RSU = right to one Perrigo ordinary share); F2 notes vesting in three equal annual installments beginning June 6, 2026.
• Shares owned after the transactions are not specified in the filing.

Context
This was a conversion/settlement of equity awards (derivative to ordinary shares) with net share withholding to satisfy tax obligations — a routine corporate compensation action rather than an open-market buy or sale. For retail investors, purchases or open-market buys can be a stronger signal of insider conviction; conversions and tax-withholding are common and do not by themselves indicate a change in insider sentiment.