Form 4: Amarin Director Keith Horn Reports Changes in Beneficial Ownership
SEC Form 4
Director Keith Horn reports acquisition and disposal of Amarin shares related to vesting of restricted stock units and tax withholding.
Summary
- Keith Horn, a director of Amarin, reported changes in beneficial ownership of the company's shares.
- On April 18, 2025, Horn acquired 838 American Depositary Shares (ADS) upon vesting of restricted stock units (RSUs).
- Also on April 18, 2025, 437 ADS were disposed of to cover tax liabilities related to the vesting of the RSUs at a price of $9.11 per share.
- Following these transactions, Horn directly owns 401 ADS and 1,676 RSUs.
- The reported transactions reflect adjustments due to a ratio change where one ADS now represents twenty ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Future Outlook
The reporting person has an award that vests in three equal installments on each of April 18, 2025, April 18, 2026 and April 18, 2027.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Issuer implemented a ratio change that one (1) American Depositary Share ('ADS') currently represents twenty (20) Ordinary Shares ('ADS Ratio Change'). |
| 04/18/2024 | The Reporting Person was granted an award that vests in three equal installments on each of April 18, 2025, April 18, 2026 and April 18, 2027 |
| 04/18/2025 | Acquisition of 838 ADS upon vesting of RSUs and disposal of 437 ADS for tax liabilities. |
| 04/18/2026 | Next vesting date for the award granted on April 18, 2024. |
| 04/18/2027 | Final vesting date for the award granted on April 18, 2024. |
| 04/22/2025 | Date of signature of the Form 4 filing. |
Keywords
Amarin, Keith Horn, beneficial ownership, Form 4, ADS, RSU, director, securities, transaction
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