Form 4: Alkermes Executive Christian Todd Nichols Reports Stock Transactions
SEC Form 4 Filing
Christian Todd Nichols, SVP and Chief Commercial Officer of Alkermes plc, reports the vesting and subsequent disposal of restricted stock units.
Summary
- Christian Todd Nichols, a senior executive at Alkermes plc, filed a Form 4 detailing changes in beneficial ownership of the company's ordinary shares.
- On February 22, 2025, 7,109 restricted stock units vested and were converted into ordinary shares, followed by the disposal of 3,157 shares to cover tax obligations at a price of $35.32 per share.
- On February 23, 2025, 6,408 restricted stock units vested and were converted into ordinary shares, followed by the disposal of 2,846 shares to cover tax obligations at a price of $35.32 per share.
- Following these transactions, Nichols directly owns 89,868 ordinary shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in the number of shares held by a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | 7,109 Restricted Stock Units vested and 3,157 shares disposed of for tax obligations. |
| 02/23/2024 | Commencement date for vesting of shares subject to the restricted stock unit award in four equal annual installments. |
| 02/23/2025 | 6,408 Restricted Stock Units vested and 2,846 shares disposed of for tax obligations. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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.