Amarin Corporation (AMRN) EVP reports RSU vesting and ADS tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMARIN CORP PLC reported compensation-related equity activity for EVP and Chief Scientific Officer Steven B. Ketchum. On July 1, 2026 he acquired 3,688 American Depositary Shares through a derivative exercise linked to restricted stock units, while 1,887 ADS were disposed as shares withheld to cover tax obligations. Following these events, he directly holds 44,567 ADS.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ketchum Steven B
Role
EVP, Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,688 | $0.00 | -- |
| Exercise | American Depositary Shares | 3,688 | -- | -- |
| Tax Withholding | American Depositary Shares | 1,887 | $15.94 | $30K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
American Depositary Shares — 44,567 shares (Direct)
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 January 10, 2025, the Reporting Person was granted 7,376 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan (the "Plan"). The shares subject to this grant shall vest over eighteen months, with 50% to vest on January 2, 2026 and the remaining balance to vest on July 1, 2026. 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 withheld for taxes: 1,887 American Depositary Shares
ADS acquired via RSU-related exercise: 3,688 American Depositary Shares
RSUs in underlying grant: 7,376 Restricted Stock Units
+4 more
7 metrics
ADS withheld for taxes
1,887 American Depositary Shares
Shares withheld to cover tax liability on July 1, 2026 vesting
ADS acquired via RSU-related exercise
3,688 American Depositary Shares
Non-derivative acquisition on July 1, 2026 from derivative exercise/conversion
RSUs in underlying grant
7,376 Restricted Stock Units
Grant on January 10, 2025 under the 2020 Stock Incentive Plan
Post-transaction ADS holdings
44,567 American Depositary Shares
Directly owned by Steven B. Ketchum following July 1, 2026 transactions
Tax withholding price
$15.94 per ADS
Value used for 1,887 ADS withheld for tax obligations
ADS to Ordinary Share ratio
1 ADS = 20 Ordinary Shares
ADS Ratio Change effective April 11, 2025
RSU Ordinary Share equivalent
20 Ordinary Shares per RSU
Each RSU represents a contingent right to 20 Ordinary Shares or cash
Key Terms
American Depositary Shares, Restricted Stock Units, ADS Ratio Change, Rule 16b-3, +1 more
5 terms
Restricted Stock Units financial
"the Reporting Person was granted 7,376 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
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.
2020 Stock Incentive Plan financial
"Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan (the "Plan")"
FAQ
What insider transactions did AMRN executive Steven B. Ketchum report on July 1, 2026?
Steven B. Ketchum reported compensation-related equity transactions, acquiring 3,688 American Depositary Shares from restricted stock unit activity, with 1,887 ADS withheld by the issuer to satisfy tax liabilities, rather than sold in the open market.
What restricted stock unit grant underlies Steven B. Ketchum’s AMRN Form 4 transactions?
Ketchum received a grant of 7,376 Restricted Stock Units on January 10, 2025 under Amarin’s 2020 Stock Incentive Plan. The RSUs vest over 18 months, 50% on January 2, 2026 and the remaining 50% on July 1, 2026.
What does the ADS ratio change disclosed by AMRN mean for Steven B. Ketchum’s equity awards?
Amarin implemented an ADS Ratio Change so that one American Depositary Share represents 20 Ordinary Shares. The company made proportionate adjustments to outstanding equity awards, and the amounts reported in this Form 4 already reflect that adjustment.