Jackson Blair Curtis 4
Research Summary
AI-generated summary
Alkermes COO Jackson Curtis Receives Award; Sells Shares for Taxes
What Happened
- Jackson Blair Curtis, Chief Operating Officer of Alkermes plc (ALKS), received 28,810 ordinary shares on Feb 5, 2026 as the vesting of performance-vesting restricted stock units (PRSUs).
- To satisfy withholding tax obligations, 8,626 of those shares were surrendered/withheld at a reported price of $33.55 per share, resulting in proceeds of $289,402 (disposition code F). The award itself is reported as an acquisition (code A) with no per-share purchase price.
Key Details
- Transaction date: 2026-02-05; Form filed: 2026-02-06 (timely).
- Awarded/Acquired: 28,810 shares (code A; price N/A).
- Withheld/Disposed for taxes: 8,626 shares @ $33.55 = $289,402 (code F).
- Shares owned after transaction: not specified in the supplied filing.
- Footnote: These shares stem from 2023 PRSUs granted Feb 23, 2023 with a three-year performance period ending Dec 31, 2025. Vesting was triggered by achieving specified performance goals and application of a relative total shareholder return modifier; this represents the final vesting event for that award.
Context
- The disposition was a tax-withholding event (not an open-market sale) commonly used when equity awards vest; it does not necessarily indicate insider sentiment about the stock.
- This was a vesting of long-term performance awards (final payout after the performance period), not an option exercise or discretionary purchase.