Jazz Pharma director uses 1,855 shares for taxes
Jazz Pharmaceuticals plc (JAZZ) reported that director Patrick Kennedy disposed of shares in connection with equity compensation on August 31, 2026.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) reported that director Patrick Kennedy disposed of shares in connection with equity compensation on August 31, 2026. Two transactions used a total of 1,855 Ordinary Shares to pay tax obligations arising from the vesting of previously granted restricted stock units, with no open-market purchases or sales reported and no Rule 10b5-1 trading plan indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,855 shares
Tax Withholding
2 txns
Insider
Kennedy Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 15 | $244.0647 | $4K |
| Tax Withholding | Ordinary Shares F1 | 1,840 | $241.39 | $444K |
Holdings After Transaction:
Ordinary Shares — 6,452 shares (Direct)
Footnotes (1)
- F1. Shares sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.
Key Figures
Shares used to pay taxes (total): 1,855 shares
Shares used to pay taxes (first transaction): 15 shares
Shares used to pay taxes (second transaction): 1,840 shares
+2 more
5 metrics
Shares used to pay taxes (total)
1,855 shares
Ordinary Shares delivered or withheld on August 31, 2026 for tax obligations on RSU vesting
Shares used to pay taxes (first transaction)
15 shares
Ordinary Shares on August 31, 2026 at $244.0647 per share, code F
Shares used to pay taxes (second transaction)
1,840 shares
Ordinary Shares on August 31, 2026 at $241.3900 per share, code F
Price per share (first transaction)
$244.0647
Used solely as a reference for 15-share tax-withholding disposition
Price per share (second transaction)
$241.3900
Used solely as a reference for 1,840-share tax-withholding disposition
Key Terms
restricted stock units, vesting, tax obligations
3 terms
restricted stock units financial
"arising out of the 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.
vesting financial
"tax obligations arising out of the vesting of previously granted restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax obligations financial
"Shares sold to satisfy tax obligations arising out of the vesting"
FAQ
What insider activity did Jazz Pharmaceuticals (JAZZ) disclose in this Form 4?
The filing reports that director Patrick Kennedy disposed of 1,855 Ordinary Shares on August 31, 2026 to satisfy tax obligations from the vesting of previously granted restricted stock units. No open-market purchases or sales were reported.
Was the Jazz Pharmaceuticals (JAZZ) insider transaction part of a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan; the document-level checkbox is not selected, and the only footnote explains that the shares were used to satisfy tax obligations from restricted stock unit vesting.
Who is the reporting person in this Jazz Pharmaceuticals (JAZZ) Form 4 and what is their role?
The reporting person is Patrick Kennedy, identified in the filing as a director of Jazz Pharmaceuticals plc. The reported transactions relate to his equity compensation and associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.