Amarin (AMRN) CEO Aaron Berg Reports New Equity Awards on Form 4
Rhea-AI Filing Summary
On 26 June 2025, Amarin Corp. (AMRN) President & CEO Aaron Berg filed a Form 4 detailing routine executive-compensation transactions.
- 75,000 American Depositary Shares (ADS) were issued upon the automatic conversion of vested restricted stock units (code M).
- 38,363 ADS were withheld by the issuer to satisfy tax obligations (code F), leaving a net increase of 36,637 ADS.
- Berg’s direct ownership after the transactions stands at 80,714 ADS.
- New equity awards granted on the same date include:
- 37,500 stock options with a strike price of $15.90, vesting 50 % after one year and the remainder 18 months from grant.
- 75,000 RSUs that vested immediately.
- 12,500 RSUs vesting in two equal instalments—first anniversary and 18 months post-grant.
- The filing reflects the 1 ADS = 20 ordinary shares ratio change implemented on 11 April 2025.
No open-market purchases or sales were reported; the activity is compensation-related and does not materially affect Amarin’s capital structure.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine equity grants and tax withholding; no open-market activity—overall neutral for AMRN valuation.
The Form 4 shows standard incentive awards: immediate-vesting RSUs, deferred RSUs, and stock options at a market-aligned $15.90 strike. While the CEO’s direct stake rises by roughly 36.6 k ADS, the shares stem from equity compensation rather than discretionary buying, limiting bullish interpretation. Dilution is immaterial relative to Amarin’s share count, and the option/RSU mix aligns management with shareholder outcomes. Overall, the disclosure neither alters the investment thesis nor signals directional insight.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 37,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 75,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 12,500 | $0.00 | -- |
| Exercise | American Depositary Share | 75,000 | $0.00 | -- |
| Tax Withholding | American Depositary Share | 38,363 | $15.90 | $610K |
Footnotes (1)
- Effective April 11, 2025, the Issuer implemented a ratio change that one (1) American Depositary Share ("ADS") currently represents twenty (20) Ordinary Shares ("ADS Ratio Change"). Proportionate adjustments were made to the Issuer's outstanding equity awards. The amount of securities reported on this Form 4 reflect the ADS Ratio Change. On June 26, 2025 the Reporting Person was granted 75,000 RSUs that vested as of the June 26, 2025. Not applicable. Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3, and not a market sale of securities. On June 26, 2025 the Reporting Person was granted an option to purchase 37,500 American Depositary Shares ("ADS") under the Plan. The shares subject to this option shall vest and become exercisable over eighteen months, with 50% to vest on the first anniversary of the grant date and the remaining balance to vest eighteen months after grant date. Each RSU represents a contingent right to receive twenty Ordinary Shares or cash in lieu thereof at the Issuer's discretion. Additionally, award was exercise or conversion of derivative security exempted pursuant to Rule 16b-3. On June 26, 2025, the Reporting Person was granted 12,500 RSUs that vests in two equal installments on the first anniversary of the grant date and the remaining balance to vest eighteen months after grant date.
FAQ
How many ADS did AMRN CEO Aaron Berg acquire on 26 June 2025?
What is the exercise price of the new stock options granted to Berg?
How many ADS does Aaron Berg own after the reported transactions?
What is the vesting schedule for the 12,500 newly granted RSUs?
Why were 38,363 ADS disposed of in the filing?