Alkermes (ALKS) EVP/CLO David Gaffin Sells 2,034 Shares

What Happened
David Joseph Gaffin, EVP and CLO of Alkermes plc, sold 2,034 shares of Alkermes stock on 2026-08-03 at $48.58 per share, for a total proceeds of $98,812. The sale was executed under a Rule 10b5-1 trading plan adopted by Mr. Gaffin on 2025-11-19.

Key Details

• Transaction date and price: 2026-08-03; 2,034 shares at $48.58 each.
• Total value: $98,812 (proceeds from sale).
• Transaction type: Sale (Form code S) reported as an open-market/private sale.
• Footnote: Sale effected pursuant to a Rule 10b5-1 trading plan adopted 11/19/2025.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-08-03 for the same reporting period — appears timely.

Context
A 10b5-1 plan lets insiders place pre-scheduled trades that can occur regardless of subsequent material nonpublic information; such planned sales are often routine and don’t necessarily indicate a change in the insider’s view of the company. For retail investors, purchases generally carry more informative weight than routine, pre-planned sales.