Alkermes plc.·4/A

May 22, 7:58 PM ET

Cooke Shane 4/A

Research Summary

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Alkermes (ALKS) Director Shane Cooke Receives RSU Award

What Happened

  • Shane Cooke, a director of Alkermes plc (ALKS), received two awards of restricted stock units (RSUs) on May 20, 2026: 11,538 RSUs and 5,409 RSUs, totaling 16,947 RSUs. Each unit was reported at $0.00 (award/derivative), and each RSU represents a contingent right to one ordinary share upon vesting.
  • This is an equity award (code A), not a purchase or sale of shares; it does not result in immediate stock ownership until the RSUs vest and convert to ordinary shares.

Key Details

  • Transaction date: May 20, 2026; Form filed (amendment) May 22, 2026.
  • Reported consideration: $0.00 per RSU (standard for grants); total RSUs granted = 16,947.
  • Vesting: RSUs vest in full on the earlier of the one‑year anniversary of the grant or the issuer’s next annual general meeting that occurs at least 50 weeks after the grant date (amended to correct the originally reported vesting terms).
  • Derivative detail: Each RSU = right to one ordinary share upon vesting.
  • Shares owned after the transaction: not specified in the filing.
  • Filing status: This is an amended Form 4 to correct vesting language; filing date is within the typical 2‑business‑day window following the transaction.

Context

  • RSU grants are a common form of executive/director compensation and do not indicate immediate buying or selling. They become economically relevant only if and when they vest and convert to shares. The amendment simply clarifies the vesting schedule; no sale or purchase occurred.