Amarin (AMRN) director exercises RSUs as ADS, shares withheld for tax
Rhea-AI Filing Summary
Amarin Corporation director Paul Cohen reported routine equity compensation activity involving American Depositary Shares (ADS). On April 18, 2026, 838 ADS were acquired at $0.00 per share through the exercise of Restricted Stock Units, reflecting an equity award vesting. On the same date, 403 ADS at $14.98 per share were withheld by Amarin to cover tax liabilities tied to this vesting, which a footnote clarifies is not a market sale of securities under Rule 16b‑3. Following these transactions, Cohen directly held 836 ADS. Footnotes note a prior ADS ratio change, with each ADS now representing twenty ordinary shares and each RSU representing a contingent right to receive twenty ordinary shares or cash.
Positive
- None.
Negative
- None.
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
Rule 16b-3 regulatory
ADS Ratio Change financial
tax liability financial
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