Alkermes director exercises options and sells shares
Nancy Lynn Snyderman, a director of Alkermes plc, exercised fully vested non-qualified stock options to acquire 44,472 Ordinary Shares at an exercise price of $46.72 per share on August 3, 2026.
Rhea-AI Filing Summary
Nancy Lynn Snyderman, a director of Alkermes plc, exercised fully vested non-qualified stock options to acquire 44,472 Ordinary Shares at an exercise price of $46.72 per share on August 3, 2026. She then sold 44,472 shares at a weighted average price of $50.3480 per share, in transactions priced between $50.07 and $50.70. Following these transactions, 20,783 Ordinary Shares are held indirectly through the Nancy Lynn Snyderman Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 44,472 shares ($161K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
snyderman nancy lynn MD
Role
Director
Sold
44,472 shs ($2.24M)
Approx. gross sale proceeds
$2.24M
Approx. exercise cost
$2.08M
Approx. pre-tax spread
$161K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non Qualified Stock Option (Right to Buy) F3 | 27,948 | $0.00 | $0.00 |
| Exercise | Non Qualified Stock Option (Right to Buy) F3 | 16,524 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 27,948 | $46.72 | $1.31M |
| Exercise | Ordinary Shares | 16,524 | $46.72 | $772K |
| Sale | Ordinary Shares F1 | 44,472 | $50.348 | $2.24M |
| holding | Ordinary Shares F2 | -- | -- | -- |
Holdings After Transaction:
Non Qualified Stock Option (Right to Buy) — 0 contracts (Direct);
Ordinary Shares — 15,395 shares (Direct);
Ordinary Shares — 20,783 shares (Indirect, By the Snyderman Trust)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $50.07 to $50.70. Full information regarding the number of shares sold at each separate price can be provided to the issuer, any security holder of the issuer or the SEC staff upon request.
- F2. Shares are held by the Nancy Lynn Snyderman Revocable Trust (the "Snyderman Trust"), of which the reporting person is both the sole trustee and sole beneficiary.
- F3. These options are fully vested in accordance with their terms.
Key Figures
Options exercised: 44472 shares
Shares sold: 44472 shares
Sale price range: $50.07 to $50.70 per share
+2 more
5 metrics
Options exercised
44472 shares
Non-qualified stock options exercised on 2026-08-03 at $46.72 per share
Shares sold
44472 shares
Ordinary Shares sold on 2026-08-03 at weighted average price $50.3480 per share
Sale price range
$50.07 to $50.70 per share
Range of prices for multiple sale transactions on 2026-08-03
Shares held after transactions
20783 shares
Ordinary Shares held indirectly by the Nancy Lynn Snyderman Revocable Trust following transactions
Option exercise price
$46.72 per share
Exercise price of non-qualified stock options converted into Ordinary Shares
Key Terms
Non Qualified Stock Option, weighted average price, Revocable Trust
3 terms
Non Qualified Stock Option financial
"Security title listed as Non Qualified Stock Option (Right to Buy)"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Revocable Trust financial
"Shares are held by the Nancy Lynn Snyderman Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did Alkermes (ALKS) director Nancy Lynn Snyderman report?
She exercised fully vested options to acquire 44,472 Ordinary Shares at $46.72 per share, then sold 44,472 shares at a weighted average $50.3480 per share on August 3, 2026, leaving 20,783 shares held indirectly through the Nancy Lynn Snyderman Revocable Trust.
At what price did Nancy Lynn Snyderman exercise her Alkermes (ALKS) stock options?
She exercised non-qualified stock options for 44,472 Ordinary Shares at an exercise price of $46.72 per share on August 3, 2026. A related footnote states that these options were fully vested in accordance with their terms when exercised.
What is the role of the Snyderman Trust in Nancy Lynn Snyderman’s Alkermes (ALKS) holdings?
The Nancy Lynn Snyderman Revocable Trust holds 20,783 Ordinary Shares of Alkermes indirectly for her benefit. A footnote explains she is the trust’s sole trustee and sole beneficiary, meaning the trust structure holds legal title to these shares while benefiting her.
Were Nancy Lynn Snyderman’s Alkermes (ALKS) options fully vested when exercised?
Yes. A footnote states that the exercised non-qualified stock options were fully vested in accordance with their terms. She used these vested options to acquire 44,472 Ordinary Shares on August 3, 2026, before selling the same number of shares that day.
AI-generated analysis. How Rhea-AI works. Not financial advice.
