Form 4: Amarin CFO Thomas Reilly Reports Share Transactions
SEC Form 4 Filing
Thomas Reilly, EVP and CFO of Amarin, reports acquisition and disposal of ordinary shares and restricted stock units.
Summary
- On July 1, 2024, Thomas Reilly, the EVP and CFO of Amarin, reported transactions involving Amarin's ordinary shares and restricted stock units (RSUs).
- Reilly acquired 16,667 ordinary shares through the vesting of restricted stock units.
- He also disposed of 8,209 ordinary shares to cover tax liabilities related to the vesting of the RSUs at a price of $0.69 per share.
- Following these transactions, Reilly directly owns 94,305 ordinary shares.
- The restricted stock units were granted on July 1, 2022, and vest in three equal installments annually, subject to continued service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral sentiment. It reflects routine compensation and tax-related activities.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related activities.
Key Dates
| Date | Description |
|---|---|
| July 1, 2022 | Grant date of the Restricted Stock Units (RSUs). |
| February 21, 2023 | Date the Issuer's Remuneration Committee certified the achievement of certain performance metrics for the RSU award. |
| July 1, 2024 | Date of the reported transactions: acquisition of shares through RSU vesting and disposal of shares for tax liability. |
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