Jazz Pharmaceuticals insider sale: 3,731 vested shares to be sold on NASDAQ
Rhea-AI Filing Summary
Form 144 notice for Jazz Pharmaceuticals (JAZZ) reports a proposed sale of 3,731 common shares on NASDAQ with an aggregate market value of $417,872. The form lists total shares outstanding as 60,658,809 and an approximate sale date of 08/08/2025.
The shares were acquired on 08/07/2025 through restricted stock vesting from the issuer and the form records payment/compensation as of 08/07/2025. ETRADE FINANCIAL CORPORATION is named as the broker. The filer indicates no securities sold in the past three months and attests they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine small insider sale of newly vested restricted shares; unlikely to move market or indicate material change.
The notice documents a proposed disposition of 3,731 shares valued at $417,872, acquired by restricted stock vesting the day before the planned sale. With 60,658,809 shares outstanding recorded on the form and no reported sales in the prior three months, this filing appears operational and compensation-driven rather than a signal of company-specific problems. Disclosure follows Rule 144 mechanics and includes the broker designation.
TL;DR: Disclosure is consistent with Rule 144 requirements; attestation included and transaction recorded as compensation.
The form indicates the shares resulted from restricted stock vesting and that payment was recorded as compensation. The filer’s attestation that they do not possess undisclosed material information is present on the form. Broker information is provided. There are no reported prior sales in the past three months, suggesting this is a routine reporting of an insider compensation event.