Alkermes director exercises 6,142 shares
Alkermes plc. director Cato T. Laurencin reported routine equity compensation activity.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Alkermes plc. director Cato T. Laurencin reported routine equity compensation activity. He received 5,409 restricted stock units and 11,538 non-qualified stock options with a $36.98 exercise price. On the next day, 6,142 RSUs were exercised into ordinary shares and 1,475 shares were withheld to cover tax obligations, leaving him with 33,769 ordinary shares directly held.
Insider Trade Summary
6,142 shares exercised/converted
Exercise
5 txns
Insider
LAURENCIN CATO T
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 | 1,475 | $36.95 | $55K |
| 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 — 33,769 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one ordinary share.
- F2. 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.
- F3. This award is fully vested in accordance with its terms.
Key Figures
RSUs granted: 5,409 units
Options granted: 11,538 options
Option exercise price: $36.98 per share
+4 more
7 metrics
RSUs granted
5,409 units
Restricted Stock Unit Award granted on May 20, 2026
Options granted
11,538 options
Non Qualified Stock Option granted on May 20, 2026
Option exercise price
$36.98 per share
Conversion/exercise price for non-qualified stock options
Options expiration
May 20, 2036
Expiration date of non-qualified stock options
RSUs exercised
6,142 shares
Ordinary shares from RSU exercise on May 21, 2026
Shares withheld for taxes
1,475 shares
Tax-withholding disposition at $36.95 per share
Shares held after transactions
35,244 ordinary shares
Direct holdings following RSU exercise and tax withholding
Key Terms
Restricted Stock Unit Award, Non Qualified Stock Option (Right to Buy), tax-withholding disposition, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Unit Award financial
"security_title: "Restricted Stock Unit Award""
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
"security_title: "Non Qualified Stock Option (Right to Buy)""
tax-withholding disposition financial
"transaction_action: "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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
