Alkermes (ALKS) VP exercises RSUs and withholds 808 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkermes plc vice president of finance Samuel Joseph Parisi reported equity transactions involving restricted stock units and ordinary shares. On February 26, 2026, he acquired 2,747 ordinary shares through the exercise/conversion of a restricted stock unit award, with each unit representing one ordinary share. Following this, a separate transaction disposed of 808 ordinary shares at $30.73 per share to cover tax obligations, leaving him with 14,607 ordinary shares held directly. The underlying restricted stock unit award vests in four equal annual installments beginning on February 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,747 shares exercised/converted
Mixed
3 txns
Insider
Parisi Samuel Joseph
Role
VP, Finance (Interim PAO)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 2,747 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,747 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 808 | $30.73 | $25K |
Holdings After Transaction:
Restricted Stock Unit Award — 5,493 shares (Direct);
Ordinary Shares — 15,415 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 2/26/2025.
FAQ
What insider transaction did Alkermes (ALKS) report for Samuel Joseph Parisi?
Alkermes reported that VP of Finance Samuel Joseph Parisi exercised a restricted stock unit award into 2,747 ordinary shares and had 808 shares withheld to satisfy tax obligations, all in directly held accounts.
What type of equity award did Samuel Joseph Parisi exercise at Alkermes (ALKS)?
He exercised a Restricted Stock Unit Award, where each unit represents a contingent right to receive one ordinary share. The award vests in four equal annual installments, beginning on February 26, 2025, according to the disclosed vesting schedule.
What do the transaction codes M and F mean in the Alkermes (ALKS) Form 4?
Code M indicates an exercise or conversion of a derivative security, here restricted stock units converting into ordinary shares. Code F indicates shares were disposed of to pay the exercise price or related tax liabilities.