v3.26.1
Equity
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Equity

(6) Equity

ADSs

On April 11, 2025, the Company effected its ADS Ratio Change on its ADSs from one ADS representing one Ordinary Share, to the new ratio of one ADS representing 20 Ordinary Shares.

During the six months ended June 30, 2026 and 2025, except as described above, the Company did not engage in any transactions involving its ADSs. Refer to Incentive Equity Awards below for discussions of Ordinary Shares issued as a result of stock option exercises and vesting of RSUs.

Ordinary Shares

There was no Ordinary Share activity during the six months ended June 30, 2026 and 2025, except as described in Incentive Equity Awards below.

Incentive Equity Awards

The following table summarizes the aggregate number of Ordinary Shares underlying stock options and RSUs outstanding under the Amarin Corporation plc 2020 Stock Incentive Plan, as amended, or the 2020 Plan, as of June 30, 2026:

 

 

June 30, 2026

 

Outstanding stock options

 

30,765,660

 

% of outstanding on a fully-diluted basis

 

7

%

Outstanding RSUs

 

9,691,440

 

% of outstanding on a fully-diluted basis

 

2

%

The following table represents equity awards activity during the six months ended June 30, 2026 and 2025:

 

 

Six months ended June 30,

 

 

2026

 

 

2025

 

Ordinary Shares issued in settlement of vested RSUs

 

6,395,300

 

 

 

6,200,419

 

Ordinary Shares retained for settlement of employee tax obligations ─ RSUs

 

2,646,700

 

 

 

2,620,895

 

Ordinary Shares issued in settlement of vested Performance-based RSUs (1)

 

—

 

 

 

257,500

 

Ordinary Shares retained for settlement of employee tax obligations ─ Performance-based RSUs

 

—

 

 

 

117,898

 
(1)
Performance-based RSUs vested in connection with the achievement of certain performance conditions during the year.

In January 2026, the Company granted RSUs for a total of 5,615,880 Ordinary Shares and stock options for a total of 5,570,420 Ordinary Shares to employees under the 2020 Plan. The RSUs vest annually over a three-year period and the stock options vest quarterly over a three-year period with a one-year cliff vesting.

In June 2025, the Company granted to Aaron Berg (i) RSUs for 1,500,000 Ordinary Shares that vested upon the date of grant; and (ii) stock options and RSUs of 750,000 and 250,000 Ordinary Shares that both vest 50% on June 26, 2026 and December 26, 2026, respectively.

In January 2025, the Company granted RSUs for a total of 10,646,844 Ordinary Shares and stock options for a total of 3,313,059 Ordinary Shares to employees under the 2020 Plan. The RSUs and stock options vest 50% on both January 1, 2026 and July 1, 2026, respectively.