Alkermes (ALKS) director gets new RSUs, options and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkermes plc director Christopher I. Wright reported several compensation-related equity transactions. On May 21, 2026, 6,142 restricted stock units were exercised into ordinary shares, with 1,475 shares withheld at $36.95 per share to cover tax obligations rather than sold on the market. Wright also received new awards on May 20, 2026: 5,409 restricted stock units and 11,538 non-qualified stock options with a $36.98 exercise price, expiring on May 20, 2036. Following these transactions, he holds 27,680 ordinary shares directly. Footnotes clarify each restricted stock unit converts into one ordinary share and that the new awards vest in full around the next annual general meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,142 shares exercised/converted
Mixed
5 txns
Insider
Wright Christopher I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 6,142 | $0.00 | -- |
| Exercise | Ordinary Shares | 6,142 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,475 | $36.95 | $55K |
| Grant/Award | Non Qualified Stock Option (Right to Buy) | 11,538 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Award | 5,409 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit Award — 0 shares (Direct, null);
Ordinary Shares — 29,155 shares (Direct, null);
Non Qualified Stock Option (Right to Buy) — 11,538 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one ordinary share. 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. 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 units
RSUs granted: 5,409 units
+3 more
6 metrics
Tax-withholding shares
1,475 shares at $36.95
Shares withheld to cover tax liability on May 21, 2026
RSUs exercised
6,142 units
Restricted stock units converted into ordinary shares on May 21, 2026
RSUs granted
5,409 units
New restricted stock unit award on May 20, 2026
Options granted
11,538 options at $36.98
Non-qualified stock option award on May 20, 2026
Post-transaction holdings
27,680 shares
Ordinary shares held directly after tax-withholding transaction
Option expiration
May 20, 2036
Expiry of non-qualified stock options granted May 20, 2026
Key Terms
Restricted Stock Unit, Non Qualified Stock Option (Right to Buy), 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 (Right to Buy) financial
"Non Qualified Stock Option (Right to Buy) with a $36.98 exercise price expiring May 20, 2036."
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities, a tax-withholding disposition."
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
"Exercise or conversion of derivative security involving restricted stock unit awards."
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
What equity awards did Alkermes (ALKS) director Christopher Wright receive in this Form 4?
Christopher Wright received 5,409 restricted stock units and 11,538 non-qualified stock options. The options carry a $36.98 exercise price and are exercisable for Alkermes ordinary shares, reflecting routine director equity compensation grants.
What are the key terms of Christopher Wright’s new Alkermes (ALKS) stock options?
Wright received 11,538 non-qualified stock options with a $36.98 exercise price, each for one ordinary share. The options expire on May 20, 2036, providing a long-dated opportunity to purchase Alkermes shares if exercised.
When do Christopher Wright’s new Alkermes (ALKS) equity awards vest?
The filing states that shares subject to the new awards vest in full on the earlier of the one-year anniversary of the grant date or the next annual general meeting that occurs at least 50 weeks after the grant date.