Amarin (AMRN) director exercises RSUs as ADS, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
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 1,239 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
838 shares exercised/converted
Mixed
3 txns
Insider
Cohen Paul
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 838 | $0.00 | -- |
| Exercise | American Depositary Shares | 838 | $0.00 | -- |
| Tax Withholding | American Depositary Shares | 403 | $14.98 | $6K |
Holdings After Transaction:
Restricted Stock Unit — 838 shares (Direct, null);
American Depositary Shares — 1,239 shares (Direct, null)
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 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. 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. Each RSU represents a contingent right to receive twenty Ordinary Shares or cash in lieu thereof at the Issuer's discretion.
Key Figures
ADS acquired via RSU exercise: 838 ADS at $0.00
ADS withheld for taxes: 403 ADS at $14.98
Holdings after transactions: 1,239 ADS
+2 more
5 metrics
ADS acquired via RSU exercise
838 ADS at $0.00
Non-derivative acquisition on April 18, 2026
ADS withheld for taxes
403 ADS at $14.98
Tax withholding related to RSU vesting on April 18, 2026
Holdings after transactions
1,239 ADS
Directly owned following April 18, 2026 entries
RSU grant size
2,514 RSUs
Granted April 18, 2024 under 2020 Stock Incentive Plan
ADS to ordinary share ratio
1 ADS = 20 ordinary shares
ADS ratio change effective April 11, 2025
Key Terms
Restricted Stock Unit, Rule 16b-3, American Depositary Share, ADS Ratio Change, +1 more
5 terms
Restricted Stock Unit financial
"the Reporting Person was granted 2,514 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Rule 16b-3 regulatory
"vesting of a security issued in accordance with Rule 16b-3, and not a market sale of securities"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
ADS Ratio Change financial
"the Issuer implemented a ratio change that one (1) American Depositary Share ("ADS") currently represents twenty (20) Ordinary Shares ("ADS Ratio Change")"
An ads ratio change is an adjustment to how many American Depositary Shares (ADS) represent one unit of a foreign company’s ordinary shares — like changing whether a cake is cut into 2 or 10 slices. Investors care because it alters the number of tradable ADS, the implied price per ADS and an investor’s ownership stake, which can affect liquidity, perceived value and comparisons of holdings across markets.
tax liability financial
"withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security"
FAQ
What insider transactions did Amarin (AMRN) director Paul Cohen report?
Paul Cohen reported an RSU-related transaction, acquiring 838 American Depositary Shares at $0.00 per share and having 403 ADS withheld at $14.98 per share for taxes. After these entries, he directly held 1,239 ADS in Amarin.
How many Amarin (AMRN) ADS does Paul Cohen hold after this Form 4?
After the reported transactions, Paul Cohen directly holds 1,239 American Depositary Shares of Amarin. This reflects RSU-based acquisition of 838 ADS offset by 403 ADS withheld for taxes, as disclosed in the Form 4 and its accompanying footnotes.
What equity award underlies Paul Cohen’s Amarin (AMRN) Form 4 filing?
The filing references a grant of 2,514 Restricted Stock Units made on April 18, 2024 under Amarin’s 2020 Stock Incentive Plan. These RSUs vest in three equal installments on April 18, 2025, April 18, 2026, and April 18, 2027, subject to the plan’s terms.