Amarin Corp Plc (AMRN)

[eboomer2611]

Actually they can't buy after sells. You may not realize but insiders are subject to the 6 month swing rule. What that means if you sell shares, you CAN"T buy shares for at least 6 months or else there is concern you are potentially trading or taking advantage. If you do, there are all sorts of issues that come to play so no legal will allow anyone to buy within 6 months of a sale.

Now, I also looked at most of the Form 4s. If you read the form, it clearly shows when the Form 4 is triggered because a portion of an grant has vested. Many of them will show they were actual filings that were auto done by the company. Most companies have a rule that when shares vest for employees (which creates an immediate taxable event to the IRS for ordinary income taxes) that they withhold close to 50% of the taxable amount in order to ensure employee taz liability coverage. And in most companies in order to do this, there is an automatic sale triggered EACH and EVERY time shares are vested where the disposition line covers funds for the tax witholding. Several of the employee Form 4s clearly show they are auto triggered by the vesting of shares. Keep in mind that every year, Execs usually earn shares that vest over 3 years in equal portion. So fast forward a few years and you will have three different year's awards vesting in a year while will lead to tax auto witholding selling at least 3 times.