secwatch.observer — SEC 8-K summary
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Issuer:     Alkermes plc. (ALKS)
CIK:        0001520262
Form:       8-K/A
Filed at:   2026-08-03T20:08:37+00:00
Accession:  0001193125-26-330564
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Alkermes appoints Blair C. Jackson as President and CEO; discloses $900K salary, $8M equity awards
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- Blair C. Jackson appointed President and CEO effective Aug 1, 2026; also joins Board and Financial Operating Committee.
- Annual base salary increased to $900,000; target annual cash award set at 100% of base salary.
- One-time promotion equity award of $5M: 55% performance-vesting RSUs, 45% time-vesting stock options.
- Special incentive award of $3M in performance-vesting stock options tied to stock price targets and two-year service.
- Severance: 1.5x base plus average cash incentive if terminated without cause; enhanced change-in-control benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520262/000119312526330564/0001193125-26-330564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520262/000119312526330564/alks-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-330564

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer