Amarin Corp (AMRN) director exercises RSUs; 403 ADSs withheld for tax
Rhea-AI Filing Summary
Diane E. Sullivan, a director of Amarin Corporation plc, exercised previously granted restricted stock units on April 18, 2026 to acquire 838 American Depositary Shares. In connection with vesting, 403 ADSs were withheld to satisfy tax obligations, not sold in the market. Following these transactions, she holds 836 ADSs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 435 shares
Net Buy
3 txns
Insider
Sullivan Diane E.
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: 838.0000 RSUs
ADSs withheld for taxes: 403.0000 ADSs
Tax withholding price: $14.9800 per ADS
+3 more
6 metrics
RSUs exercised
838.0000 RSUs
Restricted Stock Units converted into ADSs on April 18, 2026
ADSs withheld for taxes
403.0000 ADSs
Shares withheld to satisfy tax liability at vesting
Tax withholding price
$14.9800 per ADS
Per-share value for the 403 ADS tax-withholding disposition
Post-transaction ADS holding
836 ADSs
Direct holdings of American Depositary Shares after the reported transactions
RSUs granted under Plan
2,514 RSUs
RSUs granted April 18, 2024, vesting over three annual installments
ADS ratio
1 ADS = 20 Ordinary Shares
ADS ratio change effective April 11, 2025
Key Terms
Restricted Stock Unit, American Depositary Shares, ADS Ratio Change, Rule 16b-3, +1 more
5 terms
Restricted Stock Unit financial
"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.
ADS Ratio Change financial
"the Issuer implemented a ratio change that one (1) American Depositary Share"
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
"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.
Amarin Corporation plc 2020 Stock Incentive Plan financial
"granted 2,514 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Diane E. Sullivan report in Amarin (AMRN)'s Form 4?
She exercised 838 restricted stock units into American Depositary Shares and had 403 ADSs withheld for taxes. These April 18, 2026 transactions relate to equity awards under Amarin's 2020 Stock Incentive Plan and resulted in 836 ADSs held directly.
How many Amarin (AMRN) ADSs did Diane E. Sullivan acquire and at what prices?
She acquired 838 ADSs through RSU vesting at a conversion price of $0.00 per share. Separately, 403 ADSs were withheld to cover taxes, valued at $14.98 per ADS in the tax-withholding disposition.
How were the reported RSUs for Amarin (AMRN) originally granted and when do they vest?
On April 18, 2024, she was granted 2,514 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan. These RSUs vest in three equal installments on April 18, 2025, 2026 and 2027, with the 2026 tranche tied to this Form 4.
What does the ADS ratio change mean for Amarin (AMRN) equity awards?
Effective April 11, 2025, one ADS represents twenty Ordinary Shares. Amarin made proportionate adjustments to outstanding equity awards, and the amount of securities reported in this Form 4 reflects that ADS ratio change for Diane E. Sullivan’s RSUs and ADSs.
Were Diane E. Sullivan's Amarin (AMRN) Form 4 transactions market sales?
No. The Form 4 specifies that 403 ADSs represent shares withheld by Amarin to cover tax liability on vesting under Rule 16b-3, and not a market sale. The RSU conversion itself is an equity award exercise, not an open-market trade.