STOCK TITAN

Alkermes (ALKS) shareholders approve 2018 equity plan, directors and auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Alkermes plc reported results from its 2026 annual general meeting of shareholders. Investors approved amendments to the 2018 Stock Option and Incentive Plan, increasing the ordinary shares authorized for issuance under the plan by 5,900,000. The updated plan is filed as Exhibit 10.1.

Shareholders elected all nine director nominees for one-year terms, with each receiving over 135 million votes in favor in most cases. They also approved, in a non-binding advisory vote, the compensation of named executive officers and ratified the appointment of PricewaterhouseCoopers LLP as independent auditor, authorizing the Audit and Risk Committee to set its remuneration.

In addition, shareholders renewed the Board’s authority to allot and issue shares under Irish law and renewed authority to disapply statutory pre-emption rights. Overall, the meeting confirmed the company’s current board composition, executive pay program, equity incentive plan, and capital authorization framework.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
2018 Plan share increase 5,900,000 shares Additional ordinary shares authorized for issuance under 2018 Stock Option and Incentive Plan
Say-on-pay support 139,234,176 votes for Non-binding advisory vote on named executive officer compensation
Auditor ratification for votes 146,222,286 votes for Ratification of PricewaterhouseCoopers LLP as independent auditor
2018 Plan approval for votes 128,147,910 votes for Shareholder approval of the amended 2018 Stock Option and Incentive Plan
Authority to allot shares 148,661,934 votes for Renewal of Board authority to allot and issue shares under Irish law
Pre-emption rights disapplication 146,903,611 votes for Renewal of Board authority to disapply statutory pre-emption rights
Typical director vote example 139,164,715 votes for Election of director Richard F. Pops to the Board
2018 Stock Option and Incentive Plan financial
"shareholders approved amendments to the Alkermes plc 2018 Stock Option and Incentive Plan"
broker non-votes financial
"150,595 | 7,911,628 Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding, advisory vote regulatory
"Shareholders approved, in a non-binding, advisory vote, the compensation"
statutory pre-emption rights regulatory
"renewed Board authority to disapply the statutory pre-emption rights that would otherwise apply under Irish law"
independent auditor and accounting firm financial
"appointment of PricewaterhouseCoopers LLP as the independent auditor and accounting firm of the Company"
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0001520262falseAlkermes plc.00015202622026-05-202026-05-20

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 20, 2026

ALKERMES PUBLIC LIMITED COMPANY

(Exact name of registrant as specified in its charter)

 

Ireland

 

001-35299

 

98-1007018

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

 

 

 

 

 

Connaught House, 1 Burlington Road

Dublin 4, Ireland D04 C5Y6

(Address of principal executive offices)

 

Registrant's telephone number, including area code: + 353-1-772-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Ordinary shares, $0.01 par value

 

ALKS

 

Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

 

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 


 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 20, 2026, at the 2026 annual general meeting of shareholders (the “Annual Meeting”) of Alkermes plc (the “Company”), the Company’s shareholders approved amendments to the Alkermes plc 2018 Stock Option and Incentive Plan to, among other things, increase the number of the Company’s ordinary shares authorized for issuance thereunder by 5,900,000 (the plan as so amended, the “2018 Plan”).

The principal features of the 2018 Plan are summarized on pages 57-61 of the Company’s definitive proxy statement for the Annual Meeting filed with the U.S. Securities and Exchange Commission on April 6, 2026. That summary and the foregoing description are not intended to be complete and are qualified in their entirety by reference to the full text of the 2018 Plan, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 20, 2026, the Company held its Annual Meeting. The final voting results for the Annual Meeting are as follows:

1.
By separate resolutions, shareholders elected the following directors, each to serve on the Company’s board of directors (the “Board”) for a one-year term until the Company’s 2027 annual general meeting of shareholders, with the votes cast as follows:

For:

Against:

Abstain:

Broker Non-Votes:

Shane M. Cooke

135,495,689

5,523,691

150,595

7,911,628

Richard B. Gaynor, M.D.

139,207,401

1,903,354

59,220

7,911,628

Cato T. Laurencin, M.D., Ph.D.

139,953,548

1,159,431

56,996

7,911,628

Nancy S. Lurker

133,906,559

6,588,027

675,389

7,911,628

Brian P. McKeon

136,233,419

4,722,973

213,583

7,911,628

Richard F. Pops

139,164,715

1,939,528

65,732

7,911,628

Nancy L. Snyderman, M.D.

138,884,522

2,223,746

61,707

7,911,628

Frank Anders Wilson

135,804,853

5,204,570

160,552

7,911,628

Christopher I. Wright, M.D., Ph.D.

139,003,329

2,096,466

70,180

7,911,628

 

2.
Shareholders approved, in a non-binding, advisory vote, the compensation of the Company’s named executive officers, with the votes cast as follows: 139,234,176 votes for; 1,787,311 votes against; 148,488 votes abstaining; and 7,911,628 broker non-votes.
3.
Shareholders ratified, in a non-binding vote, the appointment of PricewaterhouseCoopers LLP as the independent auditor and accounting firm of the Company, and authorized, in a binding vote, the Audit and Risk Committee of the Board to set the independent auditor and accounting firm’s remuneration, with the votes cast as follows: 146,222,286 votes for; 2,812,663 votes against; and 46,653 votes abstaining.
4.
Shareholders approved the 2018 Plan, with the votes cast as follows: 128,147,910 votes for; 12,952,836 votes against; 69,229 votes abstaining; and 7,911,628 broker non-votes.
5.
Shareholders renewed Board authority to allot and issue shares under Irish law, with the votes cast as follows: 148,661,934 votes for; 382,138 votes against; and 37,531 votes abstaining.
6.
Shareholders renewed Board authority to disapply the statutory pre-emption rights that would otherwise apply under Irish law, with the votes cast as follows: 146,903,611 votes for; 2,086,009 votes against; and 91,983 votes abstaining.

 

2


 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

EXHIBIT INDEX

 

Exhibit No.

 

Description

10.1

 

Alkermes plc 2018 Stock Option and Incentive Plan, as amended.

104

 

Cover page interactive data file (embedded within the Inline XBRL document).

 

 

3


 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

ALKERMES PLC

 

 

Date: May 20, 2026

By:

 

/s/ David J. Gaffin

 

 

 

David J. Gaffin

 

 

 

Secretary

 

4


FAQ

What did Alkermes (ALKS) shareholders approve regarding the 2018 Stock Option and Incentive Plan?

Shareholders approved amendments to the 2018 Stock Option and Incentive Plan, increasing ordinary shares authorized for issuance by 5,900,000. The updated plan, referred to as the “2018 Plan,” is described in the company’s proxy statement and its full text is filed as Exhibit 10.1.

Which directors were elected at Alkermes (ALKS) 2026 annual meeting?

Nine directors were elected for one-year terms, including Shane M. Cooke, Richard F. Pops, Nancy S. Lurker, and others. Each nominee received strong support, with vote totals such as 139,953,548 for Cato T. Laurencin and 139,207,401 for Richard B. Gaynor.

How did Alkermes (ALKS) shareholders vote on executive compensation?

In a non-binding advisory vote, shareholders approved the compensation of the company’s named executive officers, with 139,234,176 votes for, 1,787,311 against, 148,488 abstentions, and 7,911,628 broker non-votes. This indicates broad support for the existing executive pay program.

What was the outcome of the auditor ratification vote for Alkermes (ALKS)?

Shareholders ratified PricewaterhouseCoopers LLP as Alkermes’ independent auditor and accounting firm, and authorized the Audit and Risk Committee to set its remuneration. The vote totals were 146,222,286 for, 2,812,663 against, and 46,653 abstaining, reflecting strong backing for the auditor appointment.

Did Alkermes (ALKS) shareholders renew the Board’s share issuance authorities?

Yes. Shareholders renewed the Board’s authority to allot and issue shares under Irish law with 148,661,934 votes for, and also renewed the authority to disapply statutory pre-emption rights with 146,903,611 votes for. These approvals support the company’s flexibility in future equity transactions.

How did shareholders vote on the Alkermes (ALKS) 2018 Plan approval resolution?

The 2018 Plan itself was approved with 128,147,910 votes for, 12,952,836 against, 69,229 abstentions, and 7,911,628 broker non-votes. This vote confirms shareholder support for the amended equity incentive plan, including the additional 5,900,000 ordinary shares available for issuance.

Filing Exhibits & Attachments

2 documents