Director at Amarin (NASDAQ: AMRN) gains ADS from RSU vesting
Rhea-AI Filing Summary
Amarin director Patrice Eadon Bonfiglio reported routine equity compensation activity involving American Depositary Shares (ADSs). On April 18, 2026, previously granted restricted stock units vested, resulting in the acquisition of 838 ADSs through a derivative exercise. In connection with this vesting, the company withheld 403 ADSs at a value of $14.98 per ADS to cover tax obligations, which the filing notes is not a market sale under Rule 16b-3. After these transactions, Bonfiglio directly owns 836 ADSs. Footnotes explain that one ADS represents twenty ordinary shares following an ADS ratio change and that the RSUs were granted under Amarin’s 2020 Stock Incentive Plan, vesting in three equal annual installments.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 838 | $0.00 | $0.00 |
| Exercise | American Depositary Shares | 838 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | American Depositary Shares | 403 | $14.98 | $6K |
Footnotes (5)
- F1. 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.
- F2. On April 18, 2024, following the conclusion of the Issuer's annual general meeting of shareholders for 2024, the Reporting Person was granted 2,514 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan (the "Plan"). These RSUs vest in three equal installments on each of April 18, 2025, April 18, 2026 and April 18, 2027.
- F3. Not applicable.
- F4. 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.
- F5. Each RSU represents a contingent right to receive twenty Ordinary Shares or cash in lieu thereof at the Issuer's discretion.
Key Figures
Key Terms
Restricted Stock Unit financial
ADS Ratio Change financial
Rule 16b-3 regulatory
Stock Incentive Plan financial
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