Jazz Pharmaceuticals’ Cozadd exercises 86,500 options
The broker-assisted sales covered the options’ aggregate exercise price and applicable tax withholding obligations.
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Rhea-AI Filing Summary
Jazz Pharmaceuticals plc director Bruce C. Cozadd exercised 86,500 stock options on November 6, 2026, at an exercise price of $136.18 per share, acquiring ordinary shares. He sold 68,808 shares in four broker-assisted sell-to-cover transactions at weighted-average prices from $234.9122 to $237.3869 per share. The options were fully vested and scheduled to expire March 1, 2027; the sales covered the aggregate exercise price and applicable tax withholding, and he retained all remaining acquired shares. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Incentive Stock Option (right to buy) F6, F7 | 734 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (right to buy) F6, F7 | 85,766 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 734 | $136.18 | $100K |
| Exercise | Ordinary Shares | 85,766 | $136.18 | $11.68M |
| Sale | Ordinary Shares F1, F2 | 27,714 | $234.9122 | $6.51M |
| Sale | Ordinary Shares F1, F3 | 10,688 | $235.822 | $2.52M |
| Sale | Ordinary Shares F1, F4 | 24,483 | $236.844 | $5.80M |
| Sale | Ordinary Shares F1, F5 | 5,923 | $237.3869 | $1.41M |
Footnotes (7)
- F1. The sales of ordinary shares reported on this Form 4 were effected pursuant to a broker-assisted sell-to-cover exercise of fully vested stock options scheduled to expire on March 1, 2027. The ordinary shares were sold solely to cover the aggregate exercise price and applicable tax withholding obligations. The Reporting Person retained all remaining ordinary shares acquired upon exercise.
- F2. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $234.2650 to $235.2350. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
- F3. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $235.2700 to $236.2400. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
- F4. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $236.2900 to $237.2600. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
- F5. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $237.2900 to $237.7600. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
- F6. Exercise of stock options before their expiration date.
- F7. These options are granted pursuant to the Issuer's 2011 Equity Incentive Plan. The ordinary shares subject to these options vest over four years measured from the grant date, March 2, 2017, with 1/4th vesting on the first anniversary of the grant date and the remainder vesting in 36 equal monthly installments thereafter.
Key Figures
Key Terms
sell-to-cover exercise financial
weighted average sale price financial
fully vested stock options financial
applicable tax withholding obligations financial
FAQ
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How many JAZZ stock options did Bruce C. Cozadd exercise, and at what price?
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