Perrigo (PRGO) Interim CEO Albert Manzone Receives Award of 235,627 RSUs

What Happened

• Albert Manzone, Interim President & CEO and Director of Perrigo Company plc, received a grant of 235,627 restricted stock units (RSUs) on July 8, 2026. The award is a derivative grant (no purchase price reported); per the filing the per-unit price/value is N/A.
• This is a compensation award rather than a market purchase or sale, meaning it represents a contingent right to receive ordinary shares in the future if vesting conditions are met.

Key Details

• Transaction date: July 8, 2026; Report filed: July 23, 2026 (appears outside the usual 2-business-day Form 4 window).
• Transaction type: Grant/Award of RSUs (derivative); price/value not reported (N/A).
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes:
  • F1 — Each RSU represents a contingent right to receive one Perrigo ordinary share.
  • F2 — RSUs vest upon the earlier of (x) July 8, 2027, (y) hiring of a permanent CEO by Perrigo, or (z) termination of employment in connection with a change of control (per the Perrigo 2026 Long-Term Incentive Plan).
• Filing timeliness: Report filed 15 days after the grant date; Form 4s are typically due within 2 business days, so this filing appears late.

Context

• RSU grants are common executive compensation and do not reflect an immediate cash transaction or open-market purchase; value is realized only if/when RSUs vest and convert to shares.
• The specified vesting triggers (time-based one-year date, hire of permanent CEO, or change-of-control termination) tie the award to tenure and corporate events rather than immediate trading activity.