Alkermes director exercises RSUs, covers taxes in shares
Alkermes plc director Nancy Lurker reported routine equity compensation and related share activity.
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Form Type
4
Rhea-AI Filing Summary
Alkermes plc director Nancy Lurker reported routine equity compensation and related share activity. On May 20, 2026, she received a grant of 5,409 Restricted Stock Units and a Non Qualified Stock Option for 11,538 ordinary shares with an exercise price of $36.98 per share, expiring on May 20, 2036.
On May 21, 2026, 6,142 Restricted Stock Units were exercised into ordinary shares, and 1,475 shares were disposed of at $36.95 per share to satisfy tax obligations. Following these transactions, she directly held 18,222 ordinary shares.
Insider Trade Summary
6,142 shares exercised/converted
Exercise
5 txns
Insider
Lurker Nancy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 6,142 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 6,142 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 1,475 | $36.95 | $55K |
| Grant/Award | Non Qualified Stock Option (Right to Buy) | 11,538 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit Award | 5,409 | $0.00 | $0.00 |
Holdings After Transaction:
Non Qualified Stock Option (Right to Buy) — 11,538 contracts (Direct);
Restricted Stock Unit Award — 5,409 contracts (Direct);
Ordinary Shares — 18,222 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one ordinary share.
- F2. Shares subject to the award vest (and if applicable, become exercisable) in full on the earlier of the one-year anniversary of the date of grant or the date of the issuer's next annual general meeting of shareholders that occurs at least 50 weeks after the date of grant.
- F3. This award is fully vested in accordance with its terms.
Key Figures
Tax-withholding shares: 1,475 shares at $36.95
RSUs exercised: 6,142 Restricted Stock Units
Shares held after transactions: 18,222 ordinary shares
+2 more
5 metrics
Tax-withholding shares
1,475 shares at $36.95
Shares disposed to cover tax liability on May 21, 2026
RSUs exercised
6,142 Restricted Stock Units
Converted into ordinary shares on May 21, 2026
Shares held after transactions
18,222 ordinary shares
Direct ownership following non-derivative transactions
New RSU grant
5,409 Restricted Stock Units
Equity award granted on May 20, 2026
New stock option grant
11,538-share option at $36.98
Non Qualified Stock Option expiring May 20, 2036
Key Terms
Restricted Stock Unit, Non Qualified Stock Option, tax-withholding disposition, derivative security
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one ordinary share."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Non Qualified Stock Option financial
"Non Qualified Stock Option (Right to Buy) for 11,538 ordinary shares at $36.98."
tax-withholding disposition financial
"Transaction coded F reflects a tax-withholding disposition of 1,475 shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alkermes (ALKS) director Nancy Lurker report in this Form 4?
Nancy Lurker reported routine equity compensation and related share activity. She received new Restricted Stock Units and stock options, exercised previously granted RSUs into ordinary shares, and had a portion of those shares withheld to cover tax obligations, updating her direct holdings.
What new equity awards did Nancy Lurker receive from Alkermes (ALKS)?
She received a grant of 5,409 Restricted Stock Units and a Non Qualified Stock Option for 11,538 ordinary shares at an exercise price of $36.98. These awards are part of her director compensation and can convert into ordinary shares under their terms.
What are Nancy Lurker’s Alkermes (ALKS) direct holdings after these transactions?
After the reported transactions, Lurker directly held 18,222 ordinary shares of Alkermes. This figure reflects the net effect of RSU exercises adding shares and the tax-withholding disposition reducing shares, as disclosed in the non-derivative transaction details.
What are the key terms of Nancy Lurker’s new Alkermes (ALKS) stock options?
Her new Non Qualified Stock Option covers 11,538 ordinary shares at an exercise price of $36.98 per share and expires on May 20, 2036. This option gives her the right, but not the obligation, to buy shares at that fixed price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
