Jazz Pharmaceuticals (NASDAQ: JAZZ) awards 1,605 restricted stock units to director
Rhea-AI Filing Summary
LOVE TED W reported acquisition or exercise transactions in this Form 4 filing.
Jazz Pharmaceuticals plc reported that director Ted W. Love received a grant of 1,605 restricted stock units, each representing a contingent right to receive one ordinary share at a cash price of $0.00 per share.
The award was granted under the company’s 2007 Amended and Restated Non-Employee Directors Stock Award Plan and will vest in full on July 23, 2027, subject to his continuous service and other conditions. Following this grant, Love directly holds 3,132 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,605 shares
Net Buy
1 txn
Insider
LOVE TED W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 1,605 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 3,132 shares (Direct)
Footnotes (1)
- F1. These restricted stock units are granted pursuant to the Issuer's 2007 Amended and Restated Non-Employee Directors Stock Award Plan. Each restricted stock unit represents a contingent right to receive one ordinary share upon the vesting of the unit. Subject to the Reporting Person's continuous service and certain additional conditions, these units will vest in full on July 23, 2027.
Key Figures
Restricted stock units granted: 1605.0000 shares
Grant price per share: 0.0000
Holdings after transaction: 3132.0000 shares
+1 more
4 metrics
Restricted stock units granted
1605.0000 shares
Non-derivative equity award to director on 2026-08-05
Grant price per share
0.0000
Cash price per ordinary share for the RSU grant
Holdings after transaction
3132.0000 shares
Total ordinary shares directly held by Ted W. Love after the grant
RSU vesting date
July 23, 2027
Date when all 1,605 restricted stock units vest in full
Key Terms
restricted stock units, contingent right, continuous service
3 terms
restricted stock units financial
"These restricted stock units are granted pursuant to the Issuer's 2007 Amended and Restated Non-Employee..."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one ordinary share upon vesting."
continuous service financial
"Subject to the Reporting Person's continuous service and certain additional conditions, these units will vest."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did JAZZ director Ted W. Love receive on August 5, 2026?
Ted W. Love received a grant of 1,605 restricted stock units of Jazz Pharmaceuticals ordinary shares. Each restricted stock unit represents a contingent right to receive one ordinary share upon vesting, with no cash price paid for the award.
When do the 1,605 restricted stock units granted to JAZZ’s director vest?
The 1,605 restricted stock units will vest in full on July 23, 2027. Vesting is subject to Ted W. Love’s continuous service with Jazz Pharmaceuticals and certain additional conditions described in the equity award terms.
Under what plan were Ted W. Love’s JAZZ restricted stock units granted?
The restricted stock units were granted under Jazz Pharmaceuticals’ 2007 Amended and Restated Non-Employee Directors Stock Award Plan. This plan governs equity awards made to non-employee directors, including the 1,605 restricted stock units reported for Ted W. Love.
Was Ted W. Love’s August 2026 JAZZ equity grant made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as an affirmative plan. The reported grant of 1,605 restricted stock units therefore is not disclosed as executed under a Rule 10b5-1 trading plan in this filing.