Jazz Pharma director uses 1,706 shares for tax
Jazz Pharmaceuticals plc (JAZZ) director Norbert G. Riedel reported dispositions of Ordinary Shares on August 31, 2026 to cover tax obligations from the vesting of previously granted restricted stock units.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) director Norbert G. Riedel reported dispositions of Ordinary Shares on August 31, 2026 to cover tax obligations from the vesting of previously granted restricted stock units. A total of 1,706 shares were delivered or withheld for taxes, and an entity-related trust holds 10,630 Ordinary Shares indirectly after the reported transactions. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,706 shares
Tax Withholding
3 txns
Insider
RIEDEL NORBERT G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 14 | $244.6443 | $3K |
| Tax Withholding | Ordinary Shares F1 | 1,692 | $241.39 | $408K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 6,923 shares (Direct);
Ordinary Shares — 10,630 shares (Indirect, by Trust)
Footnotes (1)
- F1. Shares sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.
Key Figures
Shares used for tax obligations: 1,706 shares
Tax shares block 1: 14 shares at $244.6443 per share
Tax shares block 2: 1,692 shares at $241.39 per share
+2 more
5 metrics
Shares used for tax obligations
1,706 shares
Total Ordinary Shares delivered or withheld for tax obligations on August 31, 2026
Tax shares block 1
14 shares at $244.6443 per share
Ordinary Shares used for tax obligations on August 31, 2026
Tax shares block 2
1,692 shares at $241.39 per share
Ordinary Shares used for tax obligations on August 31, 2026
Indirect holdings by Trust
10,630 shares
Ordinary Shares held indirectly by Trust after reported transactions
Exercise-price-or-tax-liability transactions
2 transactions, 1,706 shares total
Code F transactions reported in the Form 4
Key Terms
restricted stock units, tax obligations, Ordinary Shares
3 terms
restricted stock units financial
"vesting of previously granted restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"Shares sold to satisfy tax obligations arising out of the vesting"
FAQ
What insider activity did JAZZ director Norbert G. Riedel report on August 31, 2026?
He reported using 1,706 Ordinary Shares on August 31, 2026 to satisfy tax obligations arising from the vesting of previously granted restricted stock units, via share delivery or withholding rather than an open-market sale.
Does the August 31, 2026 Form 4 for JAZZ indicate use of a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transactions were made under a Rule 10b5-1 or other pre-arranged trading plan.
What is the nature of the remaining Jazz Pharmaceuticals (JAZZ) holdings reported by the insider?
The Form 4 shows an indirect holding of 10,630 Ordinary Shares held by Trust. This reflects shares held through a trust rather than directly in the insider’s own name.
Were the JAZZ Form 4 transactions open-market sales by the director?
No. Both transactions are coded F and described as payment of tax liability by delivering or withholding securities, with a footnote stating shares were sold to satisfy tax obligations from RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
