Alkermes (NASDAQ: ALKS) EVP exercises 5,000 options and sells 9,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkermes plc EVP R&D and Chief Medical Officer Craig C. Hopkinson exercised employee stock options for 5,000 ordinary shares at $19.34 per share and then sold 9,000 ordinary shares at a weighted average price of $33.3955 on May 1, 2026.
Both the option exercise and the open-market sale were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025. After these transactions, Hopkinson directly held 81,389 ordinary shares, and the exercised options are fully vested in accordance with their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,000 shares ($300,560)
Net Sell
3 txns
Insider
Hopkinson Craig C.
Role
EVP R&D, Chief Medical Officer
Sold
9,000 shs ($301K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 5,000 | $19.34 | $97K |
| Sale | Ordinary Shares | 9,000 | $33.3955 | $301K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 11,356 shares (Direct, null);
Ordinary Shares — 90,389 shares (Direct, null)
Footnotes (1)
- This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 3/14/2025. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 3/14/2025. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.21 to $33.49. Full information regarding the number of shares sold at each separate price can be provided to the issuer, any security holder of the issuer or the SEC staff upon request. These options are fully vested in accordance with their terms.
Key Figures
Shares sold: 9,000 shares
Sale price (weighted average): $33.3955 per share
Sale price range: $33.21–$33.49 per share
+4 more
7 metrics
Shares sold
9,000 shares
Open-market sale of ordinary shares on May 1, 2026
Sale price (weighted average)
$33.3955 per share
Weighted average sale price for 9,000 ordinary shares
Sale price range
$33.21–$33.49 per share
Price range of multiple sale transactions on May 1, 2026
Options exercised
5,000 shares
Ordinary shares acquired via option exercise on May 1, 2026
Option exercise price
$19.34 per share
Exercise price for Employee Stock Option (Right to Buy)
Shares held after transactions
81,389 shares
Direct ordinary share holdings after May 1, 2026 transactions
Option expiration date
February 22, 2031
Expiration date of exercised Employee Stock Option grant
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option (Right to Buy), weighted average price, ordinary shares, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Option (Right to Buy) financial
"Security title is listed as Employee Stock Option (Right to Buy)..."
weighted average price financial
"The price reported in Column 4 is a weighted average price..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
fully vested financial
"These options are fully vested in accordance with their terms."
FAQ
What insider transactions did ALKS executive Craig Hopkinson report on May 1, 2026?
Craig Hopkinson reported exercising options for 5,000 Alkermes ordinary shares at $19.34 and selling 9,000 ordinary shares at a weighted average price of $33.3955. These transactions were disclosed in a Form 4 filing for May 1, 2026.
What happened to Craig Hopkinson’s Alkermes employee stock options in this Form 4 filing?
Craig Hopkinson exercised 5,000 Employee Stock Options (Right to Buy) for Alkermes ordinary shares at an exercise price of $19.34. The filing notes these options are fully vested in accordance with their terms and had an expiration date of February 22, 2031.