AMARIN (AMRN) CEO Berg exercises RSUs as ADSs, 3,197 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMARIN CORP PLC (AMRN) President and CEO Aaron Berg reported routine equity compensation activity involving Restricted Stock Units (RSUs) and related tax withholding. On June 26, 2026, 6,250 RSUs converted into 6,250 American Depositary Shares (ADSs), recorded as an option/RSU exercise with a transaction price of $0.00 per ADS.
To cover tax obligations from this vesting, the issuer withheld 3,197 ADSs at $16.35 per ADS, a non-market disposition coded as tax withholding under Rule 16b-3. Following these transactions, Berg directly held 88,845 ADSs. A footnote explains that one ADS represents twenty ordinary shares and that the amounts shown already reflect this ADS ratio change.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,250 shares exercised/converted
Mixed
3 txns
Insider
Berg Aaron
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,250 | $0.00 | -- |
| Exercise | American Depositary Shares | 6,250 | $0.00 | -- |
| Tax Withholding | American Depositary Shares | 3,197 | $16.35 | $52K |
Holdings After Transaction:
Restricted Stock Unit — 6,250 shares (Direct, null);
American Depositary Shares — 88,845 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 June 26, 2025, the Reporting Person was granted 12,500 RSUs that vests in two equal installments on the first anniversary of the grant date and the remaining balance to vest eighteen months after grant date. 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 converted: 6,250 shares
Tax-withholding shares: 3,197 shares
Post-transaction holdings: 88,845 ADSs
+3 more
6 metrics
RSUs converted
6,250 shares
RSUs converted into American Depositary Shares on June 26, 2026 at $0.00
Tax-withholding shares
3,197 shares
ADSs withheld for tax at $16.35 per share on June 26, 2026
Post-transaction holdings
88,845 ADSs
Directly owned by Aaron Berg after RSU exercise and tax withholding
RSU grant size
12,500 RSUs
Grant to Aaron Berg on June 26, 2025, vesting in two installments
ADS to ordinary share ratio
1 ADS = 20 ordinary shares
ADS Ratio Change effective April 11, 2025; amounts reflect this change
Remaining RSUs
6,250 RSUs
Derivative table shows 6,250 RSUs with total following transaction of 6,250
Key Terms
American Depositary Shares, Restricted Stock Unit, ADS Ratio Change, Rule 16b-3, +1 more
5 terms
Restricted Stock Unit financial
"On June 26, 2025, the Reporting Person was granted 12,500 RSUs that vests in two equal installments"
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
"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.
tax liability incident to the vesting financial
"Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security"
FAQ
What insider transaction did AMRN President and CEO Aaron Berg report?
Aaron Berg reported RSU-related transactions, not an open-market trade. 6,250 Restricted Stock Units converted into 6,250 American Depositary Shares, and separate shares were withheld to satisfy tax obligations tied to the vesting, as disclosed in the Form 4 footnotes.
Did AMRN CEO Aaron Berg sell AMRN stock in the market in this Form 4?
No open-market sale occurred. 3,197 American Depositary Shares were withheld by the issuer to cover tax liabilities from RSU vesting, which the filing describes as withholding under Rule 16b-3, explicitly stating it is not a market sale of securities.
What RSU grant to AMRN CEO Aaron Berg is referenced in this Form 4?
The footnotes state that on June 26, 2025, Aaron Berg was granted 12,500 Restricted Stock Units, vesting in two equal installments on the first anniversary of the grant and the remaining balance eighteen months after the grant date, subject to standard vesting conditions.
What does the tax-withholding code F mean in AMRN CEO Aaron Berg’s Form 4?
Code F indicates shares withheld to pay tax liabilities tied to equity vesting. The footnote clarifies that 3,197 ADSs were retained by the issuer to cover taxes from a Rule 16b-3 RSU vesting and are not considered a market sale of shares.