Form 4: Alkermes Director Nancy Snyderman Reports Stock Transactions
SEC Form 4 Filing
Director Nancy Snyderman reports the vesting and disposal of restricted stock units and a transaction related to tax obligations.
Summary
- Nancy Snyderman, a director of Alkermes plc, reported transactions involving the company's ordinary shares.
- On June 29, 2024, 6,104 restricted stock units vested and were converted into ordinary shares.
- Also on June 29, 2024, 1,465 shares were disposed of to cover tax obligations at a price of $24.1 per share.
- Following these transactions, Snyderman directly owns 4,639 ordinary shares and indirectly owns 20,783 shares through the Snyderman Trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2022-03-04 | Purchase of 427 shares. |
| 2023-09-06 | Transfer of 20,356 shares. |
| 2024-06-29 | Vesting of 6,104 restricted stock units and disposal of 1,465 shares for tax obligations. |
| 2024-07-01 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.