AMARIN CORP PLC\UK·4

Feb 3, 7:00 PM ET

Provoost Jonathan 4

Research Summary

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Updated

Amarin (AMRN) EVP Jonathan Provoost Receives RSUs & Option

What Happened

  • Jonathan Provoost, EVP and Chief Legal Officer of Amarin Corporation plc (AMRN), received two equity awards on February 1, 2026: 8,013 Restricted Stock Units (RSUs) and an option covering 36,060 American Depositary Shares (ADSs). Both awards are reported as acquired at $0 on the Form 4 (standard for grants). These are grants/derivative awards, not open‑market purchases or sales.

Key Details

  • Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (appears timely).
  • Reported price: $0.00 (grant/award reporting convention).
  • RSU vesting: 8,013 RSUs vest in three equal installments on Jan 31 of 2027, 2028 and 2029 (Footnote F2).
  • Option vesting: 36,060 ADS option vests over three years — 33% on first anniversary; remaining balance vests ratably quarterly over the next 8 quarters on the 1st of May, August, November and February (Footnote F4). Exercise details/strike price not specified in the provided summary.
  • ADS ratio: Effective April 11, 2025, 1 ADS represents 20 ordinary shares; reported amounts reflect that ratio adjustment (Footnote F1).
  • Shares owned after transaction: not specified in the provided details.
  • Filing timeliness: Filing date is two days after the grant date and appears to comply with Form 4 timing requirements.

Context

  • These are equity compensation awards (RSUs and an option grant). RSUs convert to shares upon vesting; the option gives the right to buy ADSs subject to its exercise terms. Neither award represents an immediate sale or exercise, so no proceeds or cash transactions occurred at grant. Grants are common for executive compensation and do not by themselves indicate buying or selling sentiment.