Amarin (AMRN) CFO exercises 125 RSUs; 62 ADS withheld, holds 6,220
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amarin Corporation CFO Peter L. Fishman reported routine equity compensation activity involving Restricted Stock Units (RSUs) and American Depositary Shares (ADSs). On April 1, 2026, 125 RSUs previously granted under the company’s stock plan were exercised into 125 ADSs at an exercise price of $0.00 per share.
Of these ADSs, 62 shares were withheld by Amarin at $14.46 per share to cover tax liabilities related to the vesting, as permitted under Rule 16b-3 and described as not being a market sale. Following these transactions, Fishman holds 6,220 ADSs directly, reflecting a small, compensation-driven adjustment to his position.
Positive
- None.
Negative
- None.
Insider Trade Summary
125 shares exercised/converted
Mixed
3 txns
Insider
Fishman Peter L.
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 125 | $0.00 | -- |
| Exercise | American Depositary Shares | 125 | $0.00 | -- |
| Tax Withholding | American Depositary Shares | 62 | $14.46 | $896.52 |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
American Depositary Shares — 6,282 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 April 1, 2023, the Reporting Person was granted 375 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan (the "Plan"). These RSUs vest in three equal installments on each of April 1, 2024, April 1, 2025, and April 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
RSUs exercised: 125 units
ADSs acquired from RSUs: 125 shares
Shares withheld for taxes: 62 ADS
+3 more
6 metrics
RSUs exercised
125 units
RSUs converted into ADSs on April 1, 2026
ADSs acquired from RSUs
125 shares
Issued at $0.00 per share upon RSU vesting
Shares withheld for taxes
62 ADS
Withheld at $14.46 per share for tax liability
Holdings after transactions
6,220 ADS
Direct holdings of CFO Peter L. Fishman
Original RSU grant
375 RSUs
Granted April 1, 2023 under 2011 Stock Incentive Plan
ADS to ordinary share ratio
1 ADS : 20 ordinary shares
Effective after April 11, 2025 ADS ratio change
Key Terms
Restricted Stock Unit, American Depositary Shares, Rule 16b-3, tax liability, +1 more
5 terms
Restricted Stock Unit financial
"On April 1, 2023, the Reporting Person was granted 375 RSUs under the Amarin Corporation plc 2011 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
"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"
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.
tax liability financial
"Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security"
ADS Ratio Change financial
"The amount of securities reported on this Form 4 reflect 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.
FAQ
What did Amarin (AMRN) CFO Peter L. Fishman report in this Form 4?
He reported routine equity compensation activity. 125 Restricted Stock Units vested into 125 American Depositary Shares, with part of the shares withheld to satisfy tax obligations, and his direct holdings updated accordingly.
What are the Amarin (AMRN) CFO’s direct holdings after these Form 4 transactions?
After the reported transactions, Peter L. Fishman directly holds 6,220 American Depositary Shares. This figure reflects the impact of the RSU vesting, the share issuance, and the tax-related withholding on April 1, 2026.
Were the Amarin (AMRN) CFO’s transactions open-market buys or sales?
No open-market trades were reported. The filing shows an RSU exercise at $0.00 per share and a share withholding for taxes under Rule 16b-3, which the footnotes state is not a market sale of securities.
How were the Amarin (AMRN) RSUs originally structured for the CFO?
On April 1, 2023, he received 375 Restricted Stock Units, vesting in three equal installments on April 1 of 2024, 2025, and 2026. Each RSU represents a contingent right to receive twenty ordinary shares or cash at Amarin’s discretion.