Bezerra Eduardo Guarita 4
4 · PERRIGO Co plc · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Perrigo (PRGO) CFO Eduardo Bezerra Exercises Options
What Happened
Eduardo Guarita Bezerra, Chief Financial Officer of Perrigo Company plc, exercised/converted derivatives on June 5, 2026 to acquire 9,175 Perrigo ordinary shares at an official per-share value of $10.83 (total value ≈ $99,365). To satisfy tax withholding obligations, 2,235 of those shares were withheld/disposed (value ≈ $24,205). The filing shows an additional derivative conversion entry related to the same 9,175-share event with N/A pricing, consistent with conversion/settlement mechanics.
Key Details
- Transaction date: 2026-06-05; Form 4 filed 2026-06-08.
- Exercise/Conversion (code M): 9,175 shares acquired @ $10.83 each; total ≈ $99,365.
- Tax withholding (code F): 2,235 shares withheld/disposed @ $10.83 each; total ≈ $24,205.
- Shares owned after transaction: not specified in the reported lines of this summary.
- Footnotes: F1/F2 state each Restricted Stock Unit (RSU) equals one Perrigo ordinary share; one footnote indicates vesting in three equal annual installments beginning June 6, 2026.
- No late-filing flag is stated in the information provided here.
Context
This appears to be a conversion/exercise of equity-based compensation (derivative to ordinary shares) with a net-share withholding to cover tax obligations — a routine administrative step rather than an open-market sale. RSU footnotes indicate these units convert to one share each and include a multi-year vesting schedule, which is common for executive compensation. Such tax-withholding dispositions are standard and do not necessarily signal the insider's view of the company.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
2026-06-05$10.83/sh+9,175$99,365→ 86,935 total - Tax Payment
Ordinary Shares
2026-06-05$10.83/sh−2,235$24,205→ 84,700 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-05−9,175→ 18,348 total→ Ordinary Shares (9,175 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one Perrigo Company plc ordinary share. Vesting in 3 equal annual installments beginning 6 June 2026.