Jazz Pharmaceuticals (JAZZ) SVP reports share award and open-market sales
Rhea-AI Filing Summary
Jazz Pharmaceuticals SVP and Chief Accounting Officer Patricia Carr reported a mix of share awards and sales. On February 26, 2026, she received a grant of 2,223 restricted stock units under the company’s 2011 Equity Incentive Plan, with each unit convertible into one ordinary share. These units vest in equal annual installments over four years starting on March 5, 2026.
Also on February 26, 2026, she executed an open-market sale of 1,253 ordinary shares at a weighted average price of $194.1119, in multiple trades between $193.7300 and $194.4100, and shares were sold to satisfy tax obligations from vesting restricted stock units. On February 27, 2026, she sold an additional 1,117 ordinary shares at an average price of $190.9073. After these transactions, she directly held 9,235 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,117 | $190.9073 | $213K |
| Grant/Award | Ordinary Shares | 2,223 | $0.00 | -- |
| Sale | Ordinary Shares | 1,253 | $194.1119 | $243K |
Footnotes (1)
- These restricted stock units are granted pursuant to the Issuer's 2011 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one ordinary share upon the vesting of the unit. These units vest in equal annual installments over four years measured from the vesting commencement date of March 5, 2026, with 1/4th vesting on the first anniversary of the vesting commencement date and the remainder vesting in equal annual installments over the subsequent three years. Shares sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $193.7300 to $194.4100. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.