Alkermes director reports equity grants and RSU exercise
Alkermes plc director Shane Cooke reported routine equity compensation activity and related tax withholding.
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Form Type
4
Rhea-AI Filing Summary
Alkermes plc director Shane Cooke reported routine equity compensation activity and related tax withholding. He exercised 6,142 restricted stock units into ordinary shares and had 3,207 shares withheld to cover tax obligations at a price of $36.95 per share, which is not an open-market sale.
Cooke also received new awards on May 20, 2026, including 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, both vesting in full on May 20, 2027. Following these transactions, he holds 109,886 ordinary shares directly.
Insider Trade Summary
6,142 shares exercised/converted
Exercise
5 txns
Insider
Cooke Shane
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 | 3,207 | $36.95 | $118K |
| 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 — 106,679 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one ordinary share.
- F2. Shares subject to the stock option award vest and become exercisable in full on 5/20/2027.
- F3. Shares subject to the restricted stock unit award vest in full on 5/20/2027.
- F4. This award is fully vested in accordance with its terms.
Key Figures
RSUs exercised: 6,142 shares
Tax-withholding shares: 3,207 shares at $36.95/share
Post-transaction holdings: 109,886 shares
+2 more
5 metrics
RSUs exercised
6,142 shares
Restricted stock units converted into ordinary shares on May 21, 2026
Tax-withholding shares
3,207 shares at $36.95/share
Shares withheld to cover tax liability on May 21, 2026
Post-transaction holdings
109,886 shares
Ordinary shares directly held after reported transactions
New RSU grant
5,409 units
Restricted stock unit award granted on May 20, 2026, vesting May 20, 2027
New stock option grant
11,538 options at $36.98
Non-qualified stock option granted May 20, 2026; expires May 20, 2036
Key Terms
Restricted Stock Unit Award, Non Qualified Stock Option (Right to Buy), tax-withholding disposition, derivative security
4 terms
Restricted Stock Unit Award financial
"The filing lists a transaction in "Restricted Stock Unit Award" with 6,142 shares exercised."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Non Qualified Stock Option (Right to Buy) financial
"A "Non Qualified Stock Option (Right to Buy)" for 11,538 shares was granted."
tax-withholding disposition financial
"The transaction summary describes a tax-withholding disposition of 3,207 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 defined as "Exercise or conversion of derivative security" in the description."
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 insider transactions did Alkermes (ALKS) director Shane Cooke report?
Shane Cooke reported exercising 6,142 restricted stock units into ordinary shares and a related tax-withholding disposition of 3,207 shares. He also received new grants of 5,409 restricted stock units and a non-qualified stock option for 11,538 shares as equity compensation.
What new equity awards did Shane Cooke receive from Alkermes (ALKS)?
Cooke received 5,409 restricted stock units and a non-qualified stock option for 11,538 ordinary shares at an exercise price of $36.98 per share. Both awards vest in full on May 20, 2027, subject to their standard terms and conditions.
What is the significance of the tax-withholding disposition in the Alkermes (ALKS) Form 4?
The 3,207-share tax-withholding disposition is used to cover tax liabilities on vested equity. It is processed by delivering shares back at $36.95 per share and does not indicate a voluntary open-market sale or a change in investment view.
When do Shane Cooke’s new Alkermes (ALKS) equity awards vest and expire?
The 5,409 restricted stock units and 11,538-share non-qualified stock option both vest fully on May 20, 2027. The stock option has an expiration date of May 20, 2036, after which any unexercised portion would lapse under its terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
