Alkermes (ALKS) CEO granted 88,843 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POPS RICHARD F reported acquisition or exercise transactions in this Form 4 filing.
Alkermes plc reported that Director and CEO Richard F. Pops received a grant of 88,843 restricted stock units on March 2, 2026. Each unit represents a contingent right to receive one ordinary share. The entire award is scheduled to vest on December 31, 2026 in connection with the company’s previously announced leadership transition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
POPS RICHARD F
Role
Director and CEO, Alkermes plc
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit Award | 88,843 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 88,843 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one ordinary share. Shares subject to the restricted stock unit award vest in full on 12/31/2026 in connection with the Company's previously announced leadership transition.
FAQ
What insider transaction did Alkermes (ALKS) disclose for Richard F. Pops?
Alkermes disclosed that Director and CEO Richard F. Pops received a grant of 88,843 restricted stock units. The award was recorded on March 2, 2026 and is reported as a grant or other acquisition rather than an open-market share purchase.
How many restricted stock units were granted to the Alkermes CEO?
The Alkermes CEO was granted 88,843 restricted stock units. According to the filing, each unit represents a contingent right to receive one ordinary share, providing potential future equity if vesting conditions are met on the stated vesting date.
When do Richard F. Pops’ Alkermes restricted stock units vest?
The restricted stock units granted to Richard F. Pops vest in full on December 31, 2026. The filing states that this vesting schedule is tied to the company’s previously announced leadership transition, aligning the award with that corporate event.
What does each Alkermes restricted stock unit granted to the CEO represent?
Each restricted stock unit granted to the CEO represents a contingent right to receive one ordinary share of Alkermes. The units convert into shares only upon vesting, as described in the filing’s footnote regarding the structure of the award.
Was there a cash price for the Alkermes CEO restricted stock unit grant?
The filing lists a transaction price per share of $0.0000 for the restricted stock unit grant. This indicates the units were awarded as equity compensation rather than purchased for cash in the market, consistent with typical executive stock-based awards.
Why is the Alkermes CEO’s restricted stock award linked to a leadership transition?
The award’s footnote states that shares subject to the restricted stock unit grant vest in full on 12/31/2026 in connection with the company’s previously announced leadership transition, tying the equity compensation to that specific organizational milestone.