Alkermes (ALKS) CCO converts 6,407 RSUs, withholds 2,845 shares for tax
Rhea-AI Filing Summary
Alkermes plc senior vice president and chief commercial officer Christian Todd Nichols reported equity compensation activity involving restricted stock units and ordinary shares. On 2/23/2026, 6,407 restricted stock units were exercised into 6,407 ordinary shares at a price of $0.00 per share, reflecting a derivative exercise or conversion. To cover tax obligations, 2,845 ordinary shares were disposed of at $32.19 per share through a tax-withholding transaction. After these movements, Nichols directly owned 112,762 ordinary shares. Each restricted stock unit represents a right to receive one ordinary share, and units vest in four equal annual installments beginning 2/23/2024.
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FAQ
What insider transactions did Alkermes (ALKS) executive Christian Todd Nichols report?
Nichols reported equity compensation activity on 2/23/2026, including the exercise of 6,407 restricted stock units into ordinary shares and a separate tax-withholding disposition of 2,845 shares. These movements reflect standard vesting and tax settlement related to his compensation package.
How many Alkermes (ALKS) restricted stock units did Nichols convert to shares?
He converted 6,407 restricted stock units into 6,407 ordinary shares at a price of $0.00 per share. Each restricted stock unit represents a contingent right to receive one ordinary share as part of his equity compensation.
Why did Christian Todd Nichols dispose of Alkermes (ALKS) shares in this Form 4?
He disposed of 2,845 ordinary shares at $32.19 per share under code “F,” which indicates a tax-withholding transaction. This means shares were delivered to satisfy tax obligations, not an open-market discretionary sale.
How many Alkermes (ALKS) shares does Nichols own after these transactions?
Following the reported equity transactions, Christian Todd Nichols directly owned 112,762 ordinary shares of Alkermes plc. This balance reflects the RSU conversion into shares and the tax-withholding disposition executed on 2/23/2026.
How do Christian Todd Nichols’ Alkermes (ALKS) restricted stock units vest?
The restricted stock unit award vests in four equal annual installments, beginning on 2/23/2024. Each vested unit represents a contingent right to receive one ordinary share, which can then be delivered to the executive subject to applicable taxes.
What do transaction codes M and F mean in Nichols’ Alkermes (ALKS) Form 4?
Code M indicates an exercise or conversion of a derivative security, here RSUs into ordinary shares. Code F indicates shares used to pay tax liabilities by delivering securities, rather than a discretionary open-market sale.