Alkermes (ALKS) SVP Nichols Christian Todd Sells 7,576 Shares
$ALKS · Alkermes plc.Research Summary
AI-generated summary of this SEC filing
Alkermes (ALKS) SVP Nichols Christian Todd Sells 7,576 Shares
What Happened
Nichols Christian Todd, SVP and Chief Commercial Officer of Alkermes plc (ALKS), sold a total of 7,576 shares on August 17, 2026 in two open-market transactions. The larger sale was 6,912 shares at a weighted average price of $49.19 for proceeds of $339,967; the smaller sale was 664 shares at a weighted average price of $49.65 for proceeds of $32,969. Total proceeds reported: approximately $372,936. These were sales (S), not purchases.
Key Details
- Transaction date: 2026-08-17 (filed the same day; no late filing indicated).
- Breakdown:
- 6,912 shares at weighted avg $49.19 (range $48.6092 – $49.49) — $339,967 (F2).
- 664 shares at weighted avg $49.65 (range $49.61 – $49.79) — $32,969 (F3).
- Total shares sold: 7,576; total proceeds: ~$372,936.
- Shares owned after transaction: not stated in the information provided.
- Notable footnotes: sale was effected pursuant to a Rule 10b5-1 trading plan adopted 5/15/2026 (F1); reported prices are weighted averages across multiple trades (F2, F3).
- Transaction code: S = Sale.
Context
Sales executed under a pre-established Rule 10b5-1 plan are generally considered planned disposals and are often viewed as less informative about an insider’s current view of the company than ad‑hoc sales. For retail investors, note the size (~$373k) but also that without post-transaction ownership data or additional filings, you can’t infer a change in insider conviction from these planned sales alone.