Gaffin David Joseph 4

What Happened David J. Gaffin, EVP and CLO of Alkermes plc, received 25,352 ordinary shares on Feb 5, 2026 as the final vesting of 2023 performance-vesting restricted stock units (PRSUs). To satisfy tax withholding, he disposed of 7,619 of those shares at $33.55 each, producing $255,617 in proceeds (share surrender for tax withholding).

Key Details

• Transactions reported for period: 2026-02-05; Form 4 filed: 2026-02-06 (timely).
• Award (code A): 25,352 shares acquired via vesting of 2023 PRSUs.
• Tax withholding (code F): 7,619 shares surrendered/ disposed at $33.55 per share for a total of $255,617.
• Shares owned after the transaction: not specified in the filing.
• Footnote: The 25,352 shares result from the final vesting of PRSUs granted Feb 23, 2023 (three‑year performance period ended Dec 31, 2025); vesting was based on pre‑specified performance goals and a relative total shareholder return modifier.
• No indication of a 10b5-1 plan or other special selling program disclosed.

Context This filing reflects a compensation-related award (vesting of performance RSUs) and a routine tax-withholding disposition of a portion of the vested shares. The award is not a purchase decision by the executive; the surrendered shares were used to cover tax liability from the vesting event. Such tax-withholding share dispositions are common and do not necessarily signal broader trading intent.