JAZZ insider sale notice: $417,872 proposed NASDAQ sale
Rhea-AI Filing Summary
Jazz Pharmaceuticals filed a Form 144 reporting a proposed sale of 3,731 shares of common stock with an aggregate market value of $417,872. The shares represent restricted stock that vested on 08/07/2025 and were acquired as compensation. The filer intends to sell the shares on or about 08/08/2025 on NASDAQ through ETRADE FINANCIAL CORPORATION. The company shows 60,658,809 shares outstanding and reports Nothing to Report for securities sold in the past three months. The notice includes the standard representation that the seller is unaware of any undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine sale of vested restricted stock; transaction size is immaterial to capitalization and likely neutral for investors.
The filing documents a proposed open-market sale of 3,731 common shares valued at $417,872, acquired the day before by restricted stock vesting. Relative to 60,658,809 shares outstanding, this amount is de minimis, so the direct impact on supply, market float, and share price is likely negligible. The use of a retail broker (ETRADE FINANCIAL CORPORATION) and the absence of other sales in the prior three months suggest this is a one-off disposition tied to compensation rather than a broader insider liquidity event.
TL;DR: Filing follows standard Rule 144 procedures; disclosure and seller representations are present and complete for the information provided.
The notice specifies acquisition by restricted stock vesting and lists payment as compensation, which clarifies the economic basis of the shares offered for sale. The form includes the required representation that the seller is not aware of undisclosed material adverse information. No other sales in the last three months are reported, which simplifies aggregation considerations under Rule 144. Based only on stated facts, the filing appears procedurally compliant and non-material to governance or capital structure.