Alkermes (NASDAQ: ALKS) COO exercises RSUs, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkermes plc EVP and COO Jackson Blair Curtis reported equity transactions on 2/23/2026. He exercised a restricted stock unit award, converting 8,738 restricted stock units into 8,738 ordinary shares at a stated price of $0.0000 per share.
To cover tax obligations related to this equity compensation, 3,880 ordinary shares were disposed of in a tax-withholding transaction at $32.1900 per share. After these transactions, Curtis directly owned 236,681 ordinary shares. Each restricted stock unit represents one ordinary share and vests in four equal annual installments beginning on 2/23/2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,738 shares exercised/converted
Mixed
3 txns
Insider
Jackson Blair Curtis
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 8,738 | $0.00 | -- |
| Exercise | Ordinary Shares | 8,738 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,880 | $32.19 | $125K |
Holdings After Transaction:
Restricted Stock Unit Award — 8,738 shares (Direct);
Ordinary Shares — 240,561 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 four equal annual installments, commencing on 2/23/2024.
FAQ
What insider transactions did Alkermes (ALKS) report for Jackson Blair Curtis?
Alkermes reported that EVP and COO Jackson Blair Curtis exercised 8,738 restricted stock units, receiving the same number of ordinary shares. A separate tax-withholding transaction disposed of 3,880 shares at $32.1900 per share, all held under direct ownership.
What was the nature of the RSU transaction for Alkermes (ALKS) EVP Jackson Blair Curtis?
The Form 4 shows an exercise or conversion of a derivative security, where 8,738 restricted stock units were converted into 8,738 ordinary shares at a stated price of $0.0000 per share, as part of Curtis’s equity compensation package.
How do Alkermes (ALKS) restricted stock units work in this Jackson Blair Curtis filing?
Each restricted stock unit represents a right to receive one ordinary share of Alkermes. According to the footnotes, the RSU award to Jackson Blair Curtis vests in four equal annual installments, starting on 2/23/2024, aligning with typical long-term incentive structures.
What transaction codes appear in Jackson Blair Curtis’s Alkermes (ALKS) Form 4?
The Form 4 shows code M for the exercise or conversion of a derivative security, converting 8,738 RSUs into ordinary shares, and code F for a tax-withholding disposition of 3,880 shares at $32.1900 per share.