Alkermes (ALKS) COO converts RSUs and uses company stock to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkermes plc executive Jackson Blair Curtis, EVP and Chief Operating Officer, exercised restricted stock units into ordinary shares and delivered shares to cover taxes. On February 18–19, 2026, he converted a total of 18,197 RSUs into ordinary shares.
To satisfy tax withholding, 7,926 ordinary shares were disposed of at prices around $32 per share, described as payment of tax liability rather than open‑market sales. After these transactions, he held 231,823 ordinary shares directly. One RSU award is fully vested, and another vests in four equal annual installments starting February 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,197 shares exercised/converted
Mixed
6 txns
Insider
Jackson Blair Curtis
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Award | 9,300 | $0.00 | -- |
| Exercise | Ordinary Shares | 9,300 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 4,130 | $32.00 | $132K |
| Exercise | Restricted Stock Unit Award | 8,897 | $0.00 | -- |
| Exercise | Ordinary Shares | 8,897 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,796 | $32.02 | $122K |
Holdings After Transaction:
Restricted Stock Unit Award — 27,903 shares (Direct);
Ordinary Shares — 235,953 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one ordinary share. This award is fully vested in accordance with its terms. Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 2/19/2026.
FAQ
What insider transactions did Alkermes (ALKS) COO Jackson Blair Curtis report?
Jackson Blair Curtis reported exercising restricted stock units into ordinary shares and delivering some shares to cover tax liabilities. Across February 18–19, 2026, he converted 18,197 RSUs and disposed of 7,926 shares for tax withholding, not open‑market selling.
How do Jackson Blair Curtis’s Alkermes (ALKS) RSU awards vest?
One restricted stock unit award referenced is fully vested according to its terms. Another award vests in four equal annual installments, beginning on February 19, 2026. Each restricted stock unit represents a contingent right to receive one Alkermes ordinary share upon vesting and settlement.
What do the Form 4 transaction codes M and F mean for Alkermes (ALKS)?
Code M indicates the exercise or conversion of derivative securities, here restricted stock units turning into ordinary shares. Code F indicates disposition of shares to pay an exercise price or tax liability. In this Form 4, both codes describe equity award–related activity, not standard market trading.