Parker Geoffrey M. 4

What Happened

• Geoffrey M. Parker, a Perrigo (PRGO) director, exercised stock derivatives on June 12, 2026 to acquire 976 ordinary shares at an exercise price of $10.99 per share (total value reported $10,726). As part of the transaction, 469 shares were surrendered/withheld to satisfy tax obligations (reported value ~$5,154). The filing also reports a grant of 844 Restricted Stock Units (RSUs) (each RSU represents a contingent right to one ordinary share).

Key Details

• Transaction date: June 12, 2026. Form filed: June 16, 2026 (filed within the usual 2-business‑day window).
• Exercise: 976 shares acquired at $10.99/share (total reported $10,726).
• Tax/withholding: 469 shares disposed/withheld to satisfy tax liability (reported value $5,154).
• Additional disposition: 976 shares listed as disposed in connection with the derivative conversion (reported without per-share value in the filing), consistent with a cashless/settlement component of the exercise.
• Award: 844 RSUs granted (each RSU = right to one Perrigo ordinary share). Footnotes indicate RSU definitions and vesting references (vesting dates noted in the filing: June 13, 2026 and June 12, 2027).
• Footnotes: F1 = revocable trust (Geoffrey & Jill Parker trustees); F2 = Geoffrey M. Parker Roth IRA; F3–F5 = RSU definitions/vesting info.
• Shares owned after transaction: Not specified in the provided entries.

Context

• This appears to be a routine option exercise with shares withheld/disposed to cover taxes and/or exercise costs (a common cashless exercise/net settlement). The simultaneous grant of RSUs is an award and does not represent an immediate market purchase or sale. These transactions are typically administrative and do not by themselves indicate the insider’s view of the company’s stock.