Alkermes Chief Commercial Officer Sells Shares Worth $373K
Christian Todd Nichols, Senior Vice President and Chief Commercial Officer of Alkermes (ALKS), sold 7,576 shares for a total value of $373,000 on August 17, 2026. The transaction was conducted under a Rule 10b5-1 trading plan established in May 2026 and is considered routine portfolio management. Following the sale, Nichols retained approximately 102,193 shares directly, representing an insider ownership stake of 0.06%. The stock closed at $49.85 on the day of the transaction, slightly higher than its weighted average price during the trade ($49.23). Alkermes reported strong performance in early 2026 with revenue growth and a significant rise in share price over the past year. The company remains focused on neuropsychiatric disorders such as opioid dependence and schizophrenia, operating across multiple global markets.
Tickers: $ALKS
Topics: executive sale Rule 10b5-1 plan SEC filing