JAZZ Form 4: Director Bruce Cozadd reports two sales totaling 5,500 shares
Rhea-AI Filing Summary
Bruce C. Cozadd, a director of Jazz Pharmaceuticals plc (JAZZ), reported two open-market sales under a Rule 10b5-1 trading plan. On 10/01/2025 he sold 2,000 ordinary shares at $131.78, reducing his beneficial holdings to 412,326 shares. On 10/03/2025 he sold an additional 3,500 shares at $140.00, reducing holdings to 408,826 shares. The Form 4 is signed by an attorney-in-fact and notes the transactions were executed pursuant to the disclosed 10b5-1 plan.
Positive
- Transactions executed under a Rule 10b5-1 plan, providing an affirmative defense against insider trading claims
- Form 4 discloses exact trade dates, prices, and updated holdings, supporting transparency
Negative
- Insider sold a total of 5,500 shares (2,000 at $131.78 and 3,500 at $140.00), reducing ownership from 412,326 to 408,826
Insights
Director executed planned sales totaling 5,500 shares under a 10b5-1 plan.
The filing shows Bruce C. Cozadd conducted two disposals on 10/01/2025 and 10/03/2025, reducing his beneficial ownership from 412,326 to 408,826 shares.
This is documented as a Rule 10b5-1 plan, which provides an affirmative defense against insider trading claims by demonstrating pre-planned transactions executed according to preset terms.
Two small open-market sales at market prices: $131.78 and $140.00.
The reported sales total 5,500 shares executed at the stated prices; the Form 4 lists the transaction codes as sales and shows updated beneficial ownership after each trade.
Because the trades were made under a 10b5-1 plan, they reflect planned liquidity actions rather than ad hoc insider trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,500 | $140.00 | $490K |
| Sale | Ordinary Shares | 2,000 | $131.78 | $264K |
Footnotes (1)
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FAQ
What did Bruce C. Cozadd report on the Form 4 for JAZZ?
Were the transactions part of a prearranged plan?
What prices were reported for the JAZZ sales?
Who signed the Form 4 filing for Bruce C. Cozadd?