Amarin Form 4: CFO Adds Shares via 2022 RSU Vesting
Rhea-AI Filing Summary
This Form 4 reports routine equity activity by Amarin Corp. (AMRN) SVP & CFO Peter L. Fishman on 1 Aug 2025 following the 1-for-20 ADS ratio adjustment implemented 11 Apr 2025. Fishman acquired 312 American Depositary Shares (ADS) upon the partial vesting of 2022-granted RSUs (transaction code M). To cover withholding taxes, the company retained 160 ADS at an imputed price of $14.52 (code F). After the net settlement, Fishman’s direct holding stands at 3,988 ADS (≈79,760 ordinary shares).
The RSU grant originally comprised 1,250 units vesting in four equal tranches from 2023-2026; the 2025 installment is reflected here. No open-market buying or selling occurred, and no derivative positions were closed or written. The filing signals continued insider ownership but is operationally neutral with no implications for Amarin’s fundamentals or guidance.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU vesting; CFO nets +152 ADS, retains 3,988—no market signal.
The filing shows standard annual vesting under the 2011 Stock Incentive Plan. The CFO took delivery of 312 ADS and surrendered 160 ADS for taxes at a fair-market value of $14.52, leaving a modest net increase in ownership. No discretionary sale occurred, so the transaction does not reflect a view on valuation. With total holdings under $60 k, material impact on float or sentiment is negligible. I classify the disclosure as not impactful and neutral for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 312 | $0.00 | -- |
| Exercise | American Depositary Share | 312 | $0.00 | -- |
| Tax Withholding | American Depositary Share | 160 | $14.52 | $2K |
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 August 8, 2022, the Reporting Person was granted 1,250 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan (the "Plan"). These RSUs vest in four equal installments on each of August 1, 2023, August 1, 2024, August 1, 2025, and August 1, 2026. 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.
FAQ
How many AMRN ADS does CFO Peter Fishman own after the 1 August 2025 transaction?
What type of insider transaction was disclosed in the AMRN Form 4?
At what price were ADS withheld for taxes in the AMRN Form 4 filing?
Does the Form 4 signal any change in Amarin’s financial outlook?