Parisi Samuel Joseph 4
Research Summary
AI-generated summary
Alkermes (ALKS) VP Samuel Parisi Converts RSUs; 808 Shares Withheld
What Happened
- Samuel Joseph Parisi, VP, Finance (Interim PAO) at Alkermes, had 2,747 restricted stock units (RSUs) convert to ordinary shares on 2026-02-26. Of those, 808 shares were withheld to satisfy tax withholding at $30.73 per share, totaling $24,830. Net shares retained from the conversion were about 1,939 shares.
- This was a conversion/vesting event (derivative exercise/conversion and tax withholding), not an open-market purchase or discretionary sale — a routine compensation-related transaction.
Key Details
- Transaction date: 2026-02-26; Form 4 filed 2026-02-27 (timely filing).
- Conversion: 2,747 RSUs converted to ordinary shares (transaction code M — exercise/conversion of derivative).
- Tax withholding: 808 shares withheld (transaction code F) at $30.73 each, total $24,830.
- Net shares received: ~1,939 (2,747 converted minus 808 withheld).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU = right to one ordinary share; F2 — RSUs vest in four equal annual installments beginning 2/26/2025.
Context
- This appears to be a standard RSU vesting and tax-withholding event (cashless withholding). Such transactions reflect compensation vesting rather than a buy/sell signal about the insider’s view of the stock.
- For retail investors, purchases (insider buys) are typically more informative than routine conversions/withholdings; this filing documents compensation realization and tax settlement.