Gaffin David Joseph 4

What Happened
David Joseph Gaffin, Executive Vice President and Chief Legal Officer of Alkermes plc (ALKS), sold 2,034 shares on 2026-04-06. The shares were disposed at $34.57 per share for a total transaction value of $70,315. The Form 4 lists the transaction as "Open market or private sale (S)."

Key Details

• Transaction date: 2026-04-06
• Price per share: $34.57; Shares sold: 2,034; Total proceeds: $70,315
• Filing note: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted 11/19/2025 (prearranged trading plan)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Report filed 2026-04-06 (same day), indicating a timely Form 4 filing

Context
A sale coded "S" is a disposition of shares; sales can be routine and, when executed under a 10b5-1 plan, are prearranged trades that help insiders sell shares on a set schedule. Such plans typically reduce the informational significance of an individual sale, though they still represent insider liquidity rather than a direct bullish signal.