Berg Aaron 4

What Happened
Aaron Berg, President and CEO of Amarin (AMRN), had equity awards convert/vest on June 26, 2026. The Form 4 shows two derivative conversions (code M) totaling 12,500 shares acquired (6,250 + 6,250). To satisfy tax withholding obligations (code F), the issuer withheld 3,197 shares at $16.35 per share, a withholding value of $52,271. This was a vesting/acquisition event (not an open-market sale); net new shares acquired by Berg were 9,303 (12,500 acquired minus 3,197 withheld).

Key Details

• Transaction date: June 26, 2026. Form 4 filed June 30, 2026 (4 days after the transaction).
• Derivative conversions: two M-code entries of 6,250 shares each (total 12,500); one entry shows $0.00 exercise price (typical for RSU settlement).
• Tax withholding: 3,197 shares withheld at $16.35 each, total $52,271; this withholding is by the issuer to cover tax liability (Footnote F4), not a market sale.
• Net shares added to Berg’s holdings: 9,303 shares.
• Shares owned following the transaction: not specified in the filing.
• Relevant footnotes:
  • F1: ADS ratio change (1 ADS = 20 Ordinary Shares) impacted reported amounts.
  • F2: These awards relate to a 12,500 RSU grant (granted June 26, 2025) that vests in installments.
  • F5: Each RSU represents the right to receive 20 Ordinary Shares (or cash in lieu) at the issuer’s discretion.
• Transaction codes: M = option/derivative exercise/conversion; F = withholding for taxes.

Context
This was a vesting/settlement of RSUs (derivative conversions), not a purchase or open-market sale. Withholding shares to cover taxes is standard practice for RSU vesting and does not necessarily signal buying or selling intent. The filing reports the mechanics and tax withholding; it does not state Berg’s total ownership after the event.