Bezerra Eduardo Guarita 4

What Happened

• Eduardo Guarita Bezerra, Chief Financial Officer of Perrigo Company plc (PRGO), reported the exercise/conversion of restricted stock units (derivative conversion) on 2026-04-02. The filing shows 6,369 shares acquired at an exercise/conversion price of $10.85 per share (total reported $69,104).
• As part of the same event, 1,551 shares were surrendered/withheld to cover tax liability (reported disposed at $10.85 each, $16,828). After withholding, the insider netted 4,818 shares. This was a compensation/vesting/exercise event rather than an open-market sale.

Key Details

• Transaction date: 2026-04-02; Form 4 filed 2026-04-03 (appears timely).
• Exercise/conversion: 6,369 shares @ $10.85 = $69,104 (code M).
• Tax withholding: 1,551 shares withheld @ $10.85 = $16,828 (code F).
• Net shares received: 4,818.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1/F2 state these were Restricted Stock Units (each RSU = contingent right to one Perrigo ordinary share). F2 notes vesting occurs in three equal annual installments beginning April 5, 2025.
• No open-market sale reported for the remaining shares; withholding for taxes is routine.

Context

• This appears to be a routine vesting/exercise of RSUs followed by share withholding to satisfy tax obligations (a common "sell/withhold to cover" mechanism), not an indication of a market sale of remaining shares.
• For retail investors: conversions/vesting increase insider ownership on paper (net of withholding) but are compensation events rather than fresh capital-backed purchases; treat them differently from open-market buys or sales.