Fishman Peter L. 4
Accession 0001193125-26-036165
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 7:00 PM ET
Size
20.5 KB
Accession
0001193125-26-036165
Research Summary
AI-generated summary of this filing
Amarin (AMRN) CFO Peter Fishman Exercises Awards, Receives Grants
What Happened
Peter L. Fishman, SVP & Chief Financial Officer of Amarin Corporation plc (AMRN), had previously granted RSUs vest on January 31, 2026 and the vesting resulted in the conversion/exercise of derivative awards into 563 and 1,833 shares (total 2,396). To cover tax liabilities on those vested awards, the company withheld 310 and 1,008 shares (total 1,318) for cashless tax withholding, resulting in cash/consideration reported of $4,780 and $15,543 respectively (total $20,323). On February 1, 2026 Fishman was also granted 6,167 new RSUs and an option to purchase 27,750 ADSs (American Depositary Shares) under the company plan; these new awards vest over multi‑year schedules.
Key Details
- Dates: conversions/withholdings reported for 2026-01-31; new grants dated 2026-02-01; Form 4 filed 2026-02-03.
- Transactions and amounts:
- Exercise/conversion (M): 563 ADS and 1,833 ADS acquired (total 2,396).
- Tax withholding (F): 310 ADS ($4,780) and 1,008 ADS ($15,543) withheld/ disposed (total 1,318 ADS; $20,323).
- Grants (A) on 2026-02-01: 6,167 RSUs (zero purchase price) and option to purchase 27,750 ADSs.
- Footnotes:
- ADS ratio change (F1): one ADS = 20 Ordinary Shares; reported amounts reflect that adjustment.
- RSU vesting schedule notes (F2, F5, F7): earlier RSUs vested in installments; newly granted RSUs and options vest over multi‑year schedules.
- Withholding (F4): the disposals are company withholding for taxes, not open‑market sales.
- Filing timeliness: Form dated Feb 3, 2026; the filing shows the transactions and withholding but does not indicate any late‑filing notation in the provided excerpt.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
Context
- The withholding of 1,318 shares was a standard cashless tax withholding related to RSU vesting (transaction code F) and should not be interpreted as an opportunistic sale of shares on the open market.
- The conversions listed as “M” reflect exercise/conversion of derivative awards (RSUs/options becoming deliverable ADSs), and the new grants (RSUs and option grant) are standard compensation awards with multi‑year vesting schedules.
Insider Transaction Report
- Exercise/Conversion
American Depositary Shares
[F1][F2][F3]2026-01-31+563→ 5,642 total - Tax Payment
American Depositary Shares
[F1][F4]2026-01-31$15.42/sh−310$4,780→ 5,332 total - Exercise/Conversion
American Depositary Shares
[F1][F5][F3]2026-01-31+1,833→ 7,165 total - Tax Payment
American Depositary Shares
[F1][F4]2026-01-31$15.42/sh−1,008$15,543→ 6,157 total - Exercise/Conversion
Restricted Stock Unit
[F6][F1][F2][F3]2026-01-31+563→ 0 totalExercise: $0.00→ American Depositary Shares (563 underlying) - Exercise/Conversion
Restricted Stock Unit
[F6][F1][F5][F3]2026-01-31+1,833→ 1,833 totalExercise: $0.00→ American Depositary Shares (1,833 underlying) - Award
Restricted Stock Unit
[F6][F1][F7][F3]2026-02-01+6,167→ 6,167 totalExercise: $0.00→ American Depositary Shares (6,167 underlying) - Award
Stock Option (right to buy)
[F1][F8]2026-02-01+27,750→ 27,750 totalExercise: $14.99Exp: 2036-02-01→ American Depositary Shares (27,750 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 1, 2023, the Reporting Person was granted 1,690 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2011 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 5,500 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan (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 6,167 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 27,750 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
Documents
Issuer
AMARIN CORP PLC\UK
CIK 0000897448
Related Parties
1- filerCIK 0002042862
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 7:00 PM ET
- Size
- 20.5 KB