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Director and CEO of Alkermes plc just cashed-in 25,000 options

Richard F Pops, Director and CEO of Alkermes plc and a director of the company, recently cashed-in 25,000 options. The options were exercised at $20.79, while the disposals took place between $37.76 and $38.24 per share, on April 12, 2016. Pops continues to hold 576,497 shares of the company. Pops operates out of Dublin 4 Ireland, . Some additional info was provided as follows:

This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. This...