Form 4: Alkermes CFO Iain Michael Brown Reports Stock Transactions
SEC Form 4 Filing
Iain Michael Brown, CFO of Alkermes plc, reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On February 26, 2025, Iain Michael Brown, the SVP and Chief Financial Officer of Alkermes plc, reported transactions involving Alkermes ordinary shares.
- Specifically, 5,617 restricted stock units vested, each representing a contingent right to receive one ordinary share.
- Following the vesting, Brown disposed of 2,494 shares to satisfy tax obligations at a price of $34.795 per share.
- After these transactions, Brown directly owns 148,196 ordinary shares and 16,854 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of the reported transactions: vesting of restricted stock units and disposition of shares. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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