Form 4: Amarin CFO's Stock Activity: RSU Vesting & Tax Withholding
Insider Transaction Report
Amarin's CFO, Peter L. Fishman, reported the vesting of restricted stock units and subsequent tax-related share withholding, impacting his direct beneficial ownership.
Summary
- Peter L. Fishman, SVP and CFO of Amarin Corp PLC\UK (AMRN), reported changes in his beneficial ownership of American Depositary Shares (ADSs).
- On January 2, 2026, 2,447 Restricted Stock Units (RSUs) vested, resulting in the acquisition of 2,447 American Depositary Shares.
- These vested RSUs were part of a larger grant of 4,894 RSUs made on January 10, 2025, with 50% vesting on January 2, 2026, and the remaining 50% (2,447 RSUs) scheduled to vest on July 1, 2026.
- Following the vesting, 1,356 American Depositary Shares were disposed of at a price of $13.96 per share to cover tax liabilities, not through a market sale.
- After these transactions, Mr. Fishman's direct beneficial ownership of American Depositary Shares stands at 5,079.
- The reported amounts reflect an ADS Ratio Change effective April 11, 2025, where one American Depositary Share now represents twenty Ordinary Shares.
Sentiment
Score: 6
Explanation: The filing reflects a routine, pre-scheduled compensation event (RSU vesting) for a key executive, which is generally a neutral to slightly positive signal as it aligns management's interests with shareholders, despite the tax-related disposition.
Positives
- The vesting of 2,447 Restricted Stock Units represents a form of compensation for the CFO, indicating continued alignment of management's interests with shareholders.
- The acquisition of 2,447 American Depositary Shares increases the CFO's direct equity stake in the company, net of tax withholding.
Negatives
- A disposition of 1,356 American Depositary Shares occurred to cover tax liabilities, reducing the net increase in direct beneficial ownership from the RSU vesting.
Future Outlook
The remaining 2,447 Restricted Stock Units granted to the CFO are scheduled to vest on July 1, 2026, indicating a future increase in his direct beneficial ownership, subject to further tax withholding.
Industry Context
NA
Stakeholder Impact
- Shareholders: The increase in the CFO's direct beneficial ownership, net of tax, aligns his interests further with shareholders, potentially signaling confidence in the company's future.
Next Steps
- The remaining 2,447 Restricted Stock Units are scheduled to vest on July 1, 2026.
Key Dates
| Date | Description |
|---|---|
| 2025-01-10 | Date of original grant of 4,894 Restricted Stock Units (RSUs) to Peter L. Fishman. |
| 2025-04-11 | Effective date of the ADS Ratio Change, where one American Depositary Share represents twenty Ordinary Shares. |
| 2026-01-02 | Date of earliest transaction, representing the vesting of 2,447 Restricted Stock Units and subsequent acquisition/disposition of American Depositary Shares. |
| 2026-01-06 | Date the Form 4 was signed by power of attorney. |
| 2026-07-01 | Scheduled vesting date for the remaining balance of 2,447 Restricted Stock Units. |
Keywords
Amarin, AMRN, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, American Depositary Shares, ADS, CFO, Executive Compensation, Beneficial Ownership
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