COO equity awards at Alkermes (NASDAQ: ALKS) detailed in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkermes plc reported that Executive Vice President and Chief Operating Officer Jackson Blair Curtis received new equity awards. He was granted stock options for 94,900 shares at an exercise price of $0.00 per share and a restricted stock unit award covering 44,078 shares, both held directly.
The stock options vest and become exercisable in four equal annual installments starting on March 2, 2027. The restricted stock units each represent the right to receive one ordinary share and also vest in four equal annual installments beginning on March 2, 2027, tying a significant portion of his compensation to long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jackson Blair Curtis
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 94,900 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Award | 44,078 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 94,900 shares (Direct);
Restricted Stock Unit Award — 44,078 shares (Direct)
Footnotes (1)
- Shares underlying the stock option vest and become exercisable in four equal annual installments, commencing on 3/2/2027. 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 3/2/2027.
FAQ
What equity awards did Alkermes (ALKS) grant to its COO Jackson Blair Curtis?
Alkermes granted its COO stock options for 94,900 shares and a restricted stock unit award for 44,078 shares. Both awards are held directly and represent long-term incentive compensation linked to the company’s ordinary shares and future share price performance.
How do the new stock options for the Alkermes (ALKS) COO vest?
The COO’s 94,900 stock options vest in four equal annual installments beginning on March 2, 2027. This schedule means 25% of the options become exercisable each year, encouraging multi-year retention and alignment with Alkermes’ longer-term operational and financial results.
What are the terms of the restricted stock units granted by Alkermes (ALKS)?
Each restricted stock unit represents a contingent right to receive one ordinary share of Alkermes. The 44,078-unit award vests in four equal annual installments starting March 2, 2027, creating a phased ownership opportunity tied to the executive’s continued service and company performance.
Does the Alkermes (ALKS) COO’s Form 4 show any stock sales or disposals?
The Form 4 reports only grant or award acquisitions, with no sales or disposals. Both reported transactions are coded as awards, increasing the COO’s potential future equity stake through options and restricted stock units subject to their respective vesting schedules.
Are the Alkermes (ALKS) COO’s new equity awards directly owned?
Yes. The Form 4 identifies the ownership of both the stock options and restricted stock units as direct. There are no footnotes indicating indirect holdings through entities or any disclaimer of beneficial ownership, so the awards are attributable directly to the COO.