Home/Filings/4/0001193125-26-036164
4//SEC Filing

Keenan David Paul 4

Accession 0001193125-26-036164

CIK 0000897448other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 7:00 PM ET

Size

20.5 KB

Accession

0001193125-26-036164

Research Summary

AI-generated summary of this filing

Updated

Amarin (AMRN) COO David Keenan Exercises Options & Receives Awards

What Happened
David Paul Keenan, COO of Amarin Corporation plc (AMRN), exercised/converted derivatives on January 31, 2026 and had shares withheld to cover tax liabilities; he was also granted new RSUs and an option on February 1, 2026. The Form 4 shows converted/exercised amounts totaling 4,179 shares and tax-withholding dispositions of 2,183 shares (cash value $33,662). On Feb 1 he received 8,013 RSUs and a grant/option covering 30,060 ADS-equivalent shares (reported as derivative awards).

Key Details

  • Transaction dates: Exercises/conversions and tax withholding — 2026-01-31; Grants/awards — 2026-02-01. Form filed 2026-02-03.
  • Exercise/conversion: 4,179 shares reported as derivative conversions; exercise price entries show $0.00 for derivative line items.
  • Tax withholding (dispositions, code F): 1,173 shares withheld @ $15.42 = $18,088 and 1,010 shares withheld @ $15.42 = $15,574 (total $33,662). These were withholding transactions to satisfy tax obligations, not market sales (see footnote F4).
  • Grants: 8,013 RSUs (F7) and a grant/option covering 30,060 ADS-equivalent shares (F8) reported as acquisitions at $0.00. RSUs vest per their schedules (see F2, F5, F7) and each RSU represents a contingent right to receive twenty Ordinary Shares or cash (F6).
  • ADS ratio/adjustments: Effective April 11, 2025, 1 ADS represents 20 Ordinary Shares; amounts shown reflect that ADS ratio change (F1).
  • Shares owned after the transactions: not specified in the provided summary.

Context

  • The reported disposals were for tax withholding (cashless-type withholding) rather than open-market sales, so they do not necessarily signal a liquidity-driven market sale.
  • The Feb 1 grants are typical executive compensation: RSUs vest over future dates (see footnotes) and the option vests over three years.
  • Derivative entries (code M) indicate option/award exercises or conversions; code F indicates payment of tax liability via share withholding; code A indicates grant/award.

All statements above are taken from the Form 4 filing (Accession 0001193125-26-036164) and its footnotes.

Insider Transaction Report

Form 4
Period: 2026-01-31
Keenan David Paul
EVP, Chief Operating Officer
Transactions
  • Exercise/Conversion

    American Depositary Shares

    [F1][F2][F3]
    2026-01-31+2,24611,958 total
  • Tax Payment

    American Depositary Shares

    [F1][F4]
    2026-01-31$15.42/sh1,173$18,08810,785 total
  • Exercise/Conversion

    American Depositary Shares

    [F1][F5][F3]
    2026-01-31+1,93312,718 total
  • Tax Payment

    American Depositary Shares

    [F1][F4]
    2026-01-31$15.42/sh1,010$15,57411,708 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F6][F1][F2][F3]
    2026-01-31+2,2460 total
    Exercise: $0.00American Depositary Shares (2,246 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F6][F1][F5][F3]
    2026-01-31+1,9331,933 total
    Exercise: $0.00American Depositary Shares (1,933 underlying)
  • Award

    Restricted Stock Unit

    [F6][F1][F7][F3]
    2026-02-01+8,0138,013 total
    Exercise: $0.00American Depositary Shares (8,013 underlying)
  • Award

    Stock Option (right to buy)

    [F1][F8]
    2026-02-01+30,06030,060 total
    Exercise: $14.99Exp: 2036-02-01American Depositary Shares (30,060 underlying)
Footnotes (8)
  • [F1]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.
  • [F2]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.
  • [F3]Not applicable.
  • [F4]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.
  • [F5]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.
  • [F6]Each RSU represents a contingent right to receive twenty Ordinary Shares or cash in lieu thereof at the Issuer's discretion.
  • [F7]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.
  • [F8]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.
Signature
/s/ Jonathan Provoost, by power of attorney|2026-02-03

Documents

1 file

Issuer

AMARIN CORP PLC\UK

CIK 0000897448

Entity typeother

Related Parties

1
  • filerCIK 0002094574

Filing Metadata

Form type
4
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 7:00 PM ET
Size
20.5 KB