Short answer
Alkermes plc. (ALKS) filed an 8-K current report with the SEC on August 3, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Jackson becomes President and CEO August 1, 2026, replacing COO responsibilities and signaling completed leadership succession.
Alkermes plc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Jackson becomes President and CEO August 1, 2026, replacing COO responsibilities and signaling completed leadership succession
- Board expanded from nine to ten directors; Jackson appointed through 2027 annual meeting and to Financial Operating Committee
- Base salary rises to $900,000; target annual cash incentive increases to 100% of salary, with 0%-200% payout range
- $8 million target equity package: $5 million promotion award plus $3 million performance-based special incentive award
- Employment agreement provides 18 months’ severance; change-in-control termination triggers lump sum equal to two times salary plus incentive compensation
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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