Form 4: Alkermes Executive Blair C. Jackson Reports Stock Transactions

EVP and Chief Operating Officer of Alkermes, Blair Curtis Jackson, reports acquisition and disposal of ordinary shares following vesting of performance-based restricted stock units.

Summary

• On February 6, 2025, Blair Curtis Jackson, EVP and Chief Operating Officer of Alkermes plc, reported transactions involving Alkermes ordinary shares.
• Jackson acquired 34,393 shares through the vesting of performance-vesting restricted stock units (PRSUs) granted on February 18, 2022.
• These PRSUs had a three-year performance period ending December 31, 2024, and their vesting was contingent upon achieving pre-specified performance goals and applying a total shareholder return modifier.
• Jackson also disposed of 10,647 shares at a price of $31.39.
• Following these transactions, Jackson beneficially owns 181,548 ordinary shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and doesn't inherently indicate positive or negative news about the company's prospects.

Positives

• The vesting of performance-based restricted stock units suggests that Alkermes achieved certain pre-specified performance goals, which is a positive indicator for the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and alignment of interests.

Key Dates

Keywords

Alkermes, Blair Curtis Jackson, Form 4, Ordinary Shares, Performance-Vesting Restricted Stock Units, Beneficial Ownership, Stock Transactions, EVP, Chief Operating Officer