Parisi Samuel Joseph 4

What Happened
Samuel Joseph Parisi, VP, Finance (Interim PAO) at Alkermes (ALKS), converted/exercised a total of 5,025 derivative awards (reported as exercises/conversions) on Feb 18–19, 2026, resulting in the issuance of 5,025 ordinary shares. To satisfy tax withholding obligations, 706 shares (2/18) were surrendered at $32.02 (total $22,606) and 979 shares (2/19) were surrendered at $32.00 (total $31,328), for a combined withholding of $53,934. After withholding, the net shares retained from these conversions were 3,340 shares. The exercise/conversion entries show no per-share exercise price (N/A), consistent with conversion of restricted stock units (RSUs).

Key Details

• Transaction dates: Feb 18, 2026 (2,034 shares converted; 706 shares withheld at $32.02 = $22,606) and Feb 19, 2026 (2,991 shares converted; 979 withheld at $32.00 = $31,328). Total converted: 5,025 shares; total withheld/disposed: 1,685 shares.
• Net shares retained from these events: 3,340 shares (5,025 converted − 1,685 withheld).
• Filing date / timeliness: Form 4 filed Feb 20, 2026; transactions occurred Feb 18–19. Filing appears timely.
• Footnotes from the filing: F1 = each restricted stock unit (RSU) equals one ordinary share; F2 = an award is fully vested; F3 = a separate award vests in four equal annual installments beginning 2/19/2026.
• Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (share withholding). These dispositions were for tax withholding, not open-market sales.

Context
This filing reflects conversion/settlement of equity awards (RSUs) with standard tax-withholding via surrender of shares — a common administrative step when awards vest. The withheld shares are used to cover tax obligations and do not necessarily indicate a market-sale decision by the insider. No open-market sale or 10% owner transaction is reported here.