PERRIGO Co plc — Form 10-Q
Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
Perrigo reinstated its Executive Committee Severance Policy effective June 29, 2026, covering Section 16 officers and highly compensated US-based employees (excluding CEO/interim CEO). Severance equals 150% of base salary plus 150% of target bonus, payable over 18 months or as lump sum, conditioned on signed waiver and release. Separately, the company granted restricted stock units (RSUs) under its 2026 Long-Term Incentive Plan with service-based vesting, dividend equivalents, and enhanced vesting upon involuntary termination, change in control, or death/disability. No specific grant amounts, dates, or recipient names disclosed in abstract.
Why this rating
Routine HR policy reinstatement and standard equity grant documentation. No material deal, financial covenant, or business-changing event disclosed.
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