Alkermes director exercises 61,200 options, sells shares
Alkermes plc director Shane Cooke reported exercising employee stock options and selling the resulting shares.
Rhea-AI Filing Summary
Alkermes plc director Shane Cooke reported exercising employee stock options and selling the resulting shares. On 02/02/2026, he exercised 61,200 employee stock options at an exercise price of $31.64 per share as the options approached their 02/28/2026 expiration.
That same day, he sold 29,087 ordinary shares at a weighted average price of $34.3382 per share and 32,113 ordinary shares at a weighted average price of $34.7796 per share in multiple transactions. After these trades, Cooke directly owned 103,744 ordinary shares of Alkermes plc.
The filing notes that the exercise and sale of expiring options were executed under a Rule 10b5-1 trading plan adopted on 02/27/2025, and that the options were fully vested in accordance with their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 61,200 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 61,200 | $31.64 | $1.94M |
| Sale | Ordinary Shares | 29,087 | $34.3382 | $999K |
| Sale | Ordinary Shares | 32,113 | $34.7796 | $1.12M |
Footnotes (4)
- F1. This exercise and sale of expiring options was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/27/25.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.6923 to $34.69. 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.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.70 to $34.91. 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.
- F4. These options are fully vested in accordance with their terms.
FAQ
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What insider activity did Alkermes (ALKS) director Shane Cooke report?
How many Alkermes (ALKS) options did Shane Cooke exercise and at what price?
Were Shane Cooke’s Alkermes (ALKS) trades under a Rule 10b5-1 plan?
What do the weighted average prices in Shane Cooke’s Alkermes (ALKS) sales mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.