Amarin Corp (AMRN) director Horn exercises RSUs, 403 ADS withheld
Rhea-AI Filing Summary
Amarin director Keith Horn exercised 838 Restricted Stock Units, converting them into 838 American Depositary Shares (ADS) on April 18, 2026 at a conversion price of $0 per share. In a related tax-withholding disposition, 403 ADS were delivered at $14.98 per share to cover taxes. Following these equity award transactions, he directly holds 836 ADS.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 435 shares
Net Buy
3 txns
Insider
Horn Keith
Role
Director
| 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 |
Holdings After Transaction:
Restricted Stock Unit — 838 shares (Direct);
American Depositary Shares — 836 shares (Direct)
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
RSUs exercised: 838 RSUs
ADS acquired via conversion: 838 ADS
Tax withholding shares: 403 ADS
+4 more
7 metrics
RSUs exercised
838 RSUs
Restricted Stock Units converted into ADS on April 18, 2026
ADS acquired via conversion
838 ADS
American Depositary Shares received upon RSU exercise/conversion
Tax withholding shares
403 ADS
Shares delivered to satisfy tax liability on April 18, 2026
Tax withholding price
$14.98 per ADS
Per-share value applied to ADS withheld for taxes
Post-transaction ADS holdings
836 ADS
Direct ADS position after the reported transactions
RSUs granted under Plan
2,514 RSUs
Grant on April 18, 2024 under Amarin Corporation plc 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, American Depositary Shares, Rule 16b-3, ADS Ratio Change, +1 more
5 terms
Restricted Stock Unit financial
"The Reporting Person was granted 2,514 RSUs under the 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
"Security issued in accordance with Rule 16b-3, and not a market sale"
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
"Represents twenty Ordinary Shares, described as the 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.
contingent right financial
"Each RSU represents a contingent right to receive twenty Ordinary Shares or cash"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Amarin (AMRN) director Keith Horn report on this Form 4?
He reported converting 838 RSUs into the same number of American Depositary Shares and a tax-withholding disposition of 403 ADS at $14.98 per share. After these equity award-related events, he directly holds 836 ADS in Amarin.
What RSU grant terms for Amarin (AMRN) are described in the Form 4 footnotes?
A footnote states Horn was granted 2,514 RSUs on April 18, 2024 under Amarin’s 2020 Stock Incentive Plan, vesting in three equal installments on April 18, 2025, 2026 and 2027. Each RSU represents a contingent right to receive twenty Ordinary Shares or cash.
Were Keith Horn’s Amarin (AMRN) transactions executed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating these events were not reported as being carried out under a pre-arranged Rule 10b5-1 trading plan but as routine equity award vesting and related tax-withholding transactions.