Jazz Pharmaceuticals (JAZZ) CEO nets vested shares after tax withholding
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc President & CEO Renee D. Gala reported changes in her holdings of ordinary shares tied to performance-based equity awards. On January 16, 2026, she received 12,741 ordinary shares at a price of $0.00 per share, delivered upon the vesting of performance share awards that were originally granted on March 3, 2023, after performance was certified as achieved.
On the same date, 5,371 ordinary shares were withheld at a price of $171.16 per share to cover her tax obligations related to the vesting and distribution of these performance share awards. Following these transactions, Gala directly beneficially owns 115,230 ordinary shares of Jazz Pharmaceuticals.
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FAQ
What insider transactions did JAZZ President & CEO Renee D. Gala report?
Renee D. Gala reported two transactions in Jazz Pharmaceuticals ordinary shares on January 16, 2026: an acquisition of 12,741 shares at $0.00 per share from vested performance share awards, and a disposition of 5,371 shares at $171.16 per share that were withheld to satisfy tax obligations.
How many Jazz Pharmaceuticals (JAZZ) shares does Renee D. Gala own after these transactions?
After the reported transactions on January 16, 2026, Renee D. Gala directly beneficially owns 115,230 ordinary shares of Jazz Pharmaceuticals.
What triggered the 12,741-share award to JAZZ CEO Renee D. Gala?
The 12,741 ordinary shares were delivered under performance share awards granted to Renee D. Gala on March 3, 2023, after the performance-based vesting requirements were satisfied and the level of performance was certified on January 16, 2026.
Why were 5,371 JAZZ shares disposed of in Renee D. Gala’s Form 4?
The 5,371 ordinary shares shown as a disposition with code F were withheld from the vesting and distribution of performance share awards to satisfy Renee D. Gala’s tax obligations related to that vesting.
Are the reported JAZZ share transactions direct or indirect holdings for Renee D. Gala?
Both reported transactions involve ordinary shares held directly by Renee D. Gala, as indicated by the ownership form marked "D" for direct beneficial ownership.
What do the transaction codes A and F mean in the JAZZ Form 4 for Renee D. Gala?
In this Form 4, code A reflects an acquisition of 12,741 ordinary shares from vested performance share awards, while code F reflects a disposition of 5,371 shares withheld to cover tax obligations upon that vesting.