Amarin (NASDAQ: AMRN) COO reports RSU vesting and share withholding
Rhea-AI Filing Summary
Amarin Corporation’s EVP and Chief Operating Officer, Keenan David Paul, reported routine equity compensation activity. On January 2, 2026, 3,688 Restricted Stock Units vested into the right to receive American Depositary Shares at an exercise price of $0.00. These were reflected as 3,688 American Depositary Shares acquired through an option exercise transaction.
To cover tax obligations related to the vesting, the company withheld 1,926 American Depositary Shares at a price of $13.96 per share, which the filing notes was not a market sale. After these transactions, the executive directly owned 9,712 American Depositary Shares and 3,688 RSUs. The filing also reminds investors that one ADS currently represents twenty ordinary shares following an earlier ADS ratio change.
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FAQ
What insider activity did Amarin (AMRN) report in this Form 4?
The filing reports that EVP and Chief Operating Officer Keenan David Paul had 3,688 Restricted Stock Units vest into American Depositary Shares on January 2, 2026, along with related share withholding for taxes.
How many Amarin American Depositary Shares did the executive acquire and at what price?
The executive acquired 3,688 American Depositary Shares through an option exercise coded as transaction "M" at an exercise price of $0.00 per share, reflecting the vesting of equity awards rather than an open-market purchase.
How many Amarin shares were withheld for taxes in this transaction?
The company withheld 1,926 American Depositary Shares coded as transaction "F" at a price of $13.96 per share to satisfy tax liabilities related to the vesting, and this is described as not a market sale of securities.
What are the executive’s Amarin holdings after the reported Form 4 transactions?
Following the reported transactions, the executive directly owned 9,712 American Depositary Shares and 3,688 Restricted Stock Units, according to the totals shown for beneficial ownership in the filing.
How many ordinary shares does each Amarin American Depositary Share represent?
The filing states that, effective April 11, 2025, one American Depositary Share represents twenty ordinary shares, and outstanding equity awards were proportionately adjusted to reflect this ADS ratio change.
What does each Amarin Restricted Stock Unit represent under the incentive plan?
Each Restricted Stock Unit represents a contingent right to receive twenty ordinary shares or cash in lieu of shares at the company’s discretion, consistent with the description in the footnotes.