Lennox Abigail 4
Research Summary
AI-generated summary
Perrigo (PRGO) EVP Abigail Lennox Receives Restricted Stock Award
What Happened
- Abigail Lennox, Executive Vice President and Chief Strategy Officer of Perrigo Company plc (PRGO), received a grant of 84,826 restricted stock units (RSUs) reported on a Form 4 for the 2026-07-08 transaction. The filing lists the award as an equity grant (transaction code A); no per-share price or total dollar value is provided in the filing.
- These RSUs are derivative awards that represent a contingent right to receive one Perrigo ordinary share each upon vesting.
Key Details
- Transaction date: July 8, 2026; Form 4 filed July 10, 2026 (timely filing).
- Award: 84,826 Restricted Stock Units (RSUs). Price: N/A (grant); total value not specified in filing.
- Vesting: Per filing footnote, each RSU converts to one Perrigo ordinary share; vesting occurs on July 8, 2027.
- Shares owned after transaction: Not reported in this Form 4.
- Transaction code: A = Award/Grant. This is a derivative equity grant (not an open-market buy or sale).
Context
- RSU grants are compensation awards that convert into company shares only if vesting conditions are met; they do not represent an immediate open-market purchase or sale.
- Such grants are common for executives and are generally part of pay/retention programs rather than a direct market signal. This filing is informational and timely under Section 16 reporting rules.