Form 4: Alkermes Executive David Gaffin Reports Stock Transactions
SEC Form 4
David Gaffin, EVP, CLO of Alkermes, reports transactions involving ordinary shares and restricted stock units.
Summary
- On February 22, 2025, David Gaffin exercised restricted stock units to acquire 7,432 ordinary shares and disposed of 3,300 shares at a price of $35.32.
- Following these transactions on February 22, 2025, Gaffin directly owns 196,163 ordinary shares.
- On February 23, 2025, Gaffin exercised restricted stock units to acquire 7,689 ordinary shares and disposed of 3,414 shares at a price of $35.32.
- Following these transactions on February 23, 2025, Gaffin directly owns 200,438 ordinary shares.
- Gaffin also holds 15,379 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Commencement date for vesting of restricted stock unit award in four equal annual installments |
| 02/22/2025 | Date of transaction involving acquisition of 7,432 ordinary shares and disposition of 3,300 ordinary shares |
| 02/23/2025 | Date of transaction involving acquisition of 7,689 ordinary shares and disposition of 3,414 ordinary shares |
| 02/25/2025 | Date of signature for the Form 4 filing |
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