Khoury Roberto 4

What Happened
Roberto Khoury, EVP and President of CSCI at Perrigo, exercised/converted derivative awards on July 8, 2026 to acquire 737 Perrigo shares at an exercise/conversion price of $10.52 (total value shown ≈ $7,753). To satisfy tax and/or exercise-related withholding, 385 of those shares were surrendered (disposed) at the same per-share amount (value shown ≈ $4,050), leaving a net issuance of 352 shares to Khoury (737 acquired − 385 withheld). The filing shows the derivative instrument conversion and the related withholding.

Key Details

• Transaction date: July 8, 2026; Form filed July 9, 2026 (appears timely).
• Exercise/conversion: 737 shares @ $10.52 = $7,753 (acquired).
• Withholding/payment (tax/exercise): 385 shares @ $10.52 = $4,050 (disposed).
• Net shares received (based on reported entries): 352 shares (737 − 385).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1/F2 indicate these are Restricted Stock Units (RSUs) — each RSU converts to one Perrigo ordinary share; F2 notes vesting in three equal annual installments beginning July 8, 2026.
• Transaction codes: M = option/derivative exercise or conversion; F = shares withheld for tax/exercise payment (routine withholding).

Context
This was an exercise/conversion of derivative awards with a portion of shares withheld to cover taxes or exercise costs — a common, routine administrative step rather than an open-market buy or sell. For retail investors, exercises indicate an insider received shares (after withholding), but withholding does not signal a market view. No late filing was indicated in the provided data.