Form 4: Alkermes Executive David Gaffin Reports Stock Transactions
SEC Form 4 Filing
David Joseph Gaffin, EVP, CLO of Alkermes, Inc., reports the vesting and subsequent disposal of ordinary shares related to restricted stock units.
Summary
- On August 3, 2024, David Joseph Gaffin, EVP, CLO of Alkermes, Inc., reported transactions involving Alkermes plc. ordinary shares.
- Gaffin vested 2,014 ordinary shares from a restricted stock unit award.
- Simultaneously, Gaffin disposed of 895 ordinary shares at a price of $27.72 per share.
- Following these transactions, Gaffin directly owns 165,901 ordinary shares and 4,029 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/03/2023 | Commencement date for vesting of restricted stock unit award in four equal annual installments |
| 08/03/2024 | Date of transaction: vesting of restricted stock units and disposal of shares |
| 08/05/2024 | 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.