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AMARIN CORP PLC\UK·4

Feb 3, 7:00 PM ET

Keenan David Paul 4

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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.