GAYNOR RICHARD 4/A
Research Summary
AI-generated summary
Alkermes Director Richard Gaynor Receives 16,947 RSU Award
What Happened
- Richard Gaynor, a director of Alkermes plc (ALKS), received two awards of restricted stock units (RSUs) on 2026-05-20 totaling 16,947 RSUs (11,538 and 5,409 units). Each unit is a contingent right to one ordinary share; the awards were granted at $0.00 (no cash purchase).
Key Details
- Transaction date: 2026-05-20; Amended Form 4 filed 2026-05-22 to correct the vesting terms.
- Award amounts and price: 11,538 RSUs and 5,409 RSUs, $0.00 per unit (derivative awards).
- Vesting: Awards 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 (as corrected in this amendment).
- Shares owned after transaction: Not specified in the supplied filing details.
- Filing status: This is an amended Form 4 to correct vesting language; no late filing flag was indicated in the provided data.
Context
- These are time-based RSU awards (compensation/retention), not open-market purchases or sales, and therefore are routine director compensation rather than a direct market-buy signal.
- Each RSU converts to one ordinary share upon vesting and any subsequent issuance or sale would be reported in future filings.