Jazz Pharmaceuticals (JAZZ) CFO reports 3,343-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals EVP & Chief Financial Officer Philip L. Johnson reported a routine tax-withholding transaction related to equity compensation. On the vesting of previously granted restricted stock units, 3,343 ordinary shares were withheld at $237.72 per share to satisfy tax obligations. After this disposition, he directly holds 56,431 ordinary shares. A footnote also notes he acquired 166 ordinary shares under a Section 423 employee stock purchase plan on May 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Philip L
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 3,343 | $237.72 | $795K |
Holdings After Transaction:
Ordinary Shares — 56,431 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax obligations arising out of vesting of a portion of previously granted restricted stock units. The Reporting Person acquired 166 ordinary shares under a Section 423 Employee Stock Purchase Plan on May 29, 2026.
Key Figures
Tax-withholding shares: 3,343 shares
Tax-withholding price: $237.72 per share
Shares held after transaction: 56,431 shares
+2 more
5 metrics
Tax-withholding shares
3,343 shares
Ordinary shares withheld to satisfy tax obligations on RSU vesting
Tax-withholding price
$237.72 per share
Value used for withholding 3,343 ordinary shares
Shares held after transaction
56,431 shares
Direct ordinary share holdings after tax-withholding disposition
ESPP acquisition
166 shares
Ordinary shares acquired under Section 423 Employee Stock Purchase Plan on May 29, 2026
Tax-withholding transactions
1 transaction; 3,343 shares
Aggregate tax-withholding activity in transaction summary
Key Terms
restricted stock units, Section 423 Employee Stock Purchase Plan, tax obligations, Ordinary Shares
4 terms
restricted stock units financial
"vesting of a portion 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.
Section 423 Employee Stock Purchase Plan financial
"acquired 166 ordinary shares under a Section 423 Employee Stock Purchase Plan"
tax obligations financial
"Shares withheld to satisfy tax obligations arising out of vesting"
FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) report for Philip L. Johnson?
Jazz Pharmaceuticals reported that CFO Philip L. Johnson had 3,343 ordinary shares withheld to cover taxes from vesting restricted stock units. This is recorded as a tax-withholding disposition, not an open-market sale or purchase of shares.
Was the Jazz Pharmaceuticals CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 classifies it as a tax-withholding disposition, where 3,343 shares were withheld by the issuer to cover tax obligations from restricted stock unit vesting.