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AMARIN CORP PLC\UK·4

Feb 3, 7:00 PM ET

Fishman Peter L. 4

Research Summary

AI-generated summary

Updated

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.