---
schema_version: "secwatch.filing_event.v1"
accession: "0001585364-26-000108"
form_type: "8-K"
ticker: "PRGO"
cik: "0001585364"
company_name: "PERRIGO Co plc"
filed_at: "2026-07-06T20:45:07+00:00"
generated_at: "2026-07-06T20:46:09.911377+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Perrigo reinstates executive severance policy for transition period around CEO succession

## Summary
- Policy reinstated effective June 29, 2026, covering executive officers except interim CEO and successor CEO.
- Qualifying termination during transition period (June 7, 2026 to 12 months after new CEO starts) entitles 1.5x base salary + target bonus over 18 months.
- Also includes COBRA premium payments, pro rata bonus based on actual performance, and career transition assistance.
- Benefits subject to release of claims, confidentiality, non-compete, non-solicitation, and non-disparagement.
- Policy terminates at end of transition period; signals CEO Patrick Lockwood-Taylor's succession is imminent.

## SEC filing metadata
- accession: 0001585364-26-000108
- form_type: 8-K
- ticker: PRGO
- cik: 0001585364
- company_name: PERRIGO Co plc
- filed_at: 2026-07-06T20:45:07+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585364/000158536426000108/0001585364-26-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585364/000158536426000108/prgo-20260629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001585364-26-000108
- JSON: https://secwatch.observer/filing/0001585364-26-000108.json
- Plain text: https://secwatch.observer/filing/0001585364-26-000108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.