Alkermes (ALKS) finance VP exercises options and sells 16,217 shares
Rhea-AI Filing Summary
Alkermes plc VP of Finance (Interim PAO) Samuel Joseph Parisi reported an exercise-and-sell transaction in company stock. On May 29, 2026, he exercised employee stock options to acquire a total of 16,217 Ordinary Shares at exercise prices of $19.34 and $20.03 per share. He then sold 16,217 Ordinary Shares in open-market transactions at a weighted average price of $42.3634 per share, with individual sale prices ranging from $42.245 to $42.50. After these transactions, he directly held 7,717 Ordinary Shares of Alkermes.
Positive
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Negative
- None.
Insights
Routine option exercise and full share sale by Alkermes finance executive.
This filing shows VP of Finance (Interim PAO) Samuel Joseph Parisi exercising employee stock options for 16,217 Ordinary Shares at strike prices of $19.34 and $20.03 on May 29, 2026. These options were fully vested in accordance with their terms.
All 16,217 shares acquired from the option exercises were sold the same day in open-market trades at a weighted average of $42.3634 per share, with prices between $42.245 and $42.50. This pattern is typical for monetizing vested options once in the money.
Following the transactions, Parisi directly holds 7,717 Ordinary Shares. The absence of remaining derivative positions in this filing suggests these particular option grants were fully exercised. The transactions reflect a net sale from his perspective, but their significance relative to Alkermes’ total shares is not indicated here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 3,392 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 12,825 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,392 | $20.03 | $68K |
| Exercise | Ordinary Shares | 12,825 | $19.34 | $248K |
| Sale | Ordinary Shares | 16,217 | $42.3634 | $687K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $42.245 to $42.50. 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. These options are fully vested in accordance with their terms.