Alkermes EVP exercises 7,689 RSUs, updates holdings
Alkermes plc executive David Joseph Gaffin, EVP and CLO of Alkermes, Inc., reported the vesting and exercise of 7,689 restricted stock units into ordinary shares on February 23, 2026.
Rhea-AI Filing Summary
Alkermes plc executive David Joseph Gaffin, EVP and CLO of Alkermes, Inc., reported the vesting and exercise of 7,689 restricted stock units into ordinary shares on February 23, 2026. In a related tax-withholding disposition, 3,414 ordinary shares were used at $32.19 per share. Following these transactions, he directly holds 235,877 ordinary shares. The restricted stock unit award vests in four equal annual installments beginning February 23, 2024.
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Insider Trade Summary
7,689 shares exercised/converted
Exercise
3 txns
Insider
Gaffin David Joseph
Role
EVP, CLO, Alkermes, Inc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 7,689 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 7,689 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 3,414 | $32.19 | $110K |
Holdings After Transaction:
Restricted Stock Unit Award — 7,690 contracts (Direct);
Ordinary Shares — 235,877 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one ordinary share.
- F2. Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 2/23/2024.
Key Figures
RSUs exercised: 7,689 shares
Tax-withholding shares: 3,414 shares
Tax-withholding price: $32.19 per share
+2 more
5 metrics
RSUs exercised
7,689 shares
Restricted stock units converted into ordinary shares on February 23, 2026
Tax-withholding shares
3,414 shares
Ordinary shares disposed of in a tax-withholding transaction at $32.19 per share
Tax-withholding price
$32.19 per share
Price applied to the 3,414 ordinary shares used for tax withholding
Post-transaction holdings
235,877 shares
Direct ordinary share holdings after the reported transactions
RSU vesting schedule
4 equal annual installments
Installments commencing on February 23, 2024 for the RSU award
Key Terms
Restricted Stock Unit Award, tax-withholding disposition, contingent right, derivative security
4 terms
Restricted Stock Unit Award financial
"security_title: Restricted Stock Unit Award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"represents a contingent right to receive one ordinary share"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Alkermes (ALKS) report for EVP David Gaffin?
EVP and CLO David Joseph Gaffin reported the vesting and exercise of 7,689 restricted stock units into ordinary shares, plus a related tax-withholding disposition of 3,414 shares at $32.19 per share on February 23, 2026.
How many RSUs vested for Alkermes (ALKS) EVP David Gaffin in this filing?
David Gaffin had 7,689 restricted stock units convert into ordinary shares. Each restricted stock unit represents a contingent right to receive one ordinary share, as part of a multi-year equity compensation award.
What is the vesting schedule of the RSU award in the Alkermes (ALKS) Form 4?
The restricted stock unit award vests in four equal annual installments, starting on February 23, 2024. Each installment represents a portion of the total RSUs that may convert into ordinary shares over the four-year period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
