Jazz Pharma director withholds 743 shares for tax
A Jazz Pharmaceuticals director had 743 shares withheld on August 31, 2026 to cover taxes from restricted stock unit vesting, rather than selling shares in the open market.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc director Ted W. Love reported dispositions of 743 Ordinary Shares on August 31, 2026. Two separate share withholdings of 6 and 737 shares were used to pay tax obligations triggered by the vesting of previously granted restricted stock units. These were administrative tax-withholding events, not open-market sales, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 743 shares
Tax Withholding
2 txns
Insider
LOVE TED W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 6 | $244.0633 | $1K |
| Tax Withholding | Ordinary Shares F1 | 737 | $241.3899 | $178K |
Holdings After Transaction:
Ordinary Shares — 2,389 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 withheld for taxes (total): 743 shares
First tax-withholding lot: 6 shares at $244.0633 per share
Second tax-withholding lot: 737 shares at $241.3899 per share
+1 more
4 metrics
Shares withheld for taxes (total)
743 shares
Ordinary Shares disposed of on August 31, 2026 to satisfy tax obligations from restricted stock unit vesting
First tax-withholding lot
6 shares at $244.0633 per share
Ordinary Shares withheld on August 31, 2026 to pay tax obligations
Second tax-withholding lot
737 shares at $241.3899 per share
Ordinary Shares withheld on August 31, 2026 to pay tax obligations
Tax-withholding events reported
2 transactions
Both on August 31, 2026, for payment of tax obligations via share withholding
Key Terms
restricted stock units, tax obligations, Ordinary Shares
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.
tax obligations financial
"Shares sold to satisfy tax obligations arising out of the vesting"
FAQ
What insider transaction did JAZZ director Ted W. Love report on August 31, 2026?
He reported that 743 Ordinary Shares were disposed of on August 31, 2026 to cover tax obligations arising from the vesting of previously granted restricted stock units, through share withholding rather than an open-market sale.
Were the JAZZ insider transactions open-market sales?
No. The filing states the shares were sold to satisfy tax obligations from the vesting of restricted stock units, meaning they represent tax-withholding dispositions rather than discretionary open-market sales by the director.
Did the JAZZ Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The document-level indicator shows no Rule 10b5-1 trading plan is reported for these August 31, 2026 tax-withholding transactions related to restricted stock unit vesting.
What type of security was involved in the JAZZ insider’s Form 4?
All reported transactions involved Ordinary Shares of Jazz Pharmaceuticals plc that were withheld to cover tax obligations associated with the vesting of previously granted restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.