Alkermes officer Gaffin proposes $83.5K share sale
Alkermes officer David Gaffin proposed selling 2,034 shares worth $83.5K, with a planned sale date of October 2, 2026. He previously sold 2,034 shares on four occasions between June and September 2026, with proceeds ranging from $87.6K to $109.9K. The company's outstanding shares total 167.8M.
How this was made
The 30-second read
Why it matters
The disclosed sale is small relative to market cap and likely has limited price impact.
Market read
A modest insider sell with limited trading relevance.
What to watch
Potential upcoming corporate events or earnings that could dominate price action.
Background
Form 4 filings disclose insider transactions and are monitored for potential signals about company outlook.
Ticker impact
Officer David Joseph Gaffin filed a Form 4 proposing to sell 2,034 shares worth about $83.5K on Oct 2, 2026.
likely slight downward pressure as the market prices the insider sell.
The transaction size is modest ($83K) and represents a typical insider liquidity event, which usually nudges the stock lower.
Market effects
Minimal impact on the broader biotech sector.
Limited to U.S. markets where ALKS trades.
Low global relevance.
Counterpoint
The sale could be a routine liquidity move and may not affect price.
Key entities
- OfficerDavid Joseph Gaffin
Alkermes plc officer filing the sale.
