PERRIGO Co plc·4

May 15, 11:18 AM ET

Samuelson Jonas 4

Research Summary

AI-generated summary

Updated

Perrigo (PRGO) Director Jonas Samuelson Exercises Options, Sells Shares

What Happened

  • Jonas Samuelson, a Perrigo (PRGO) director, exercised/converted derivative awards on May 14, 2026 to acquire 7,305 ordinary shares at an exercise price of $10.84 per share (gross value ≈ $79,186). To satisfy tax/exercise obligations, 3,507 shares were withheld (value ≈ $38,016). The filing also reports a grant of 16,681 restricted stock units (RSUs) on May 13, 2026.

Key Details

  • Transaction dates: grant 2026-05-13 (A); exercise/conversion 2026-05-14 (M); tax withholding 2026-05-14 (F).
  • Exercise price and value: 7,305 shares at $10.84 → $79,186 (reported as acquired).
  • Tax/exercise withholding: 3,507 shares at $10.84 → $38,016 (reported as disposed to cover liabilities).
  • Awards: 16,681 RSUs granted (each RSU equals one ordinary share) — see vesting notes below.
  • Vesting/footnotes: F1 = RSU = right to one Perrigo ordinary share; F2 = certain RSUs vest May 13, 2027; F3 = certain RSUs vest May 14, 2026 (per the filing).
  • Shares owned after the transactions: not specified in the provided excerpt of the Form 4.
  • Filing timeliness: Form 4 filed May 15, 2026 for transactions on May 13–14, 2026 — appears timely (no late filing flag shown).

Context

  • Transaction codes: M = exercise or conversion of a derivative; F = payment of exercise price/tax liability (share withholding); A = grant/award. This appears to be a conversion/exercise of vested derivative awards with shares withheld to cover taxes rather than a standard open-market purchase. Awards granted (RSUs) have future vesting dates per the footnotes and do not represent immediately tradable shares until vested.