Amarin (AMRN) EVP Steven Ketchum reports RSU vesting, tax withholdings and new stock option grant
Rhea-AI Filing Summary
Amarin Corporation executive Steven B. Ketchum reported multiple equity compensation events and related share movements. On January 31, 2026, previously granted RSUs vested, converting into 2,246 and 1,933 American Depositary Shares (ADS). The company withheld 1,235 and 1,062 ADS at $15.42 per ADS to cover taxes, leaving Ketchum holding about 40,879 ADS directly.
On February 1, 2026, Ketchum received new awards under Amarin’s 2020 Stock Incentive Plan: 8,013 Restricted Stock Units and a stock option for 36,060 ADS with an exercise price of $14.99 per ADS, vesting over three years. Each ADS currently represents twenty Ordinary Shares following an earlier ADS ratio change, and each RSU corresponds to twenty Ordinary Shares or cash at the company’s discretion.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 8,013 | $0.00 | -- |
| Grant/Award | Stock Option (right to buy) | 36,060 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 2,246 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,933 | $0.00 | -- |
| Exercise | American Depositary Shares | 2,246 | $0.00 | -- |
| Tax Withholding | American Depositary Shares | 1,235 | $15.42 | $19K |
| Exercise | American Depositary Shares | 1,933 | $0.00 | -- |
| Tax Withholding | American Depositary Shares | 1,062 | $15.42 | $16K |
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 February 21, 2023, the Reporting Person was granted 6,740 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan (the "Plan"). These RSUs vest in three equal installments on each of January 31, 2024, January 31, 2025 and January 31, 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. On February 1, 2024, the Reporting Person was granted 5,800 RSUs under the Plan. These RSUs vest in three equal installments on each of January 31, 2025, January 31, 2026 and January 31, 2027. Each RSU represents a contingent right to receive twenty Ordinary Shares or cash in lieu thereof at the Issuer's discretion. On February 1, 2026, the Reporting Person was granted 8,013 RSUs under the Plan. These RSUs vest in three equal installments on each of January 31, 2027, January 31, 2028 and January 31, 2029. On February 1, 2026, the Reporting Person was granted an option to purchase 36,060 ADSs under the Plan. The shares subject to this option shall vest and become exercisable over three years, with 33% to vest on the first anniversary of the grant date and the balance to vest ratably over the subsequent 8 calendar quarters on the first day of each May, August, November and February.