Jazz Pharmaceuticals (JAZZ) EVP has 6,209 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals EVP Robert Iannone, Global Head of R&D and CMO, reported a tax-related share disposition. On March 5, 2026, 6,209 ordinary shares were withheld at a price of 188.69 per share to satisfy tax obligations from the vesting of previously granted restricted stock units.
Following this tax-withholding disposition, Iannone directly holds 88,871 ordinary shares of Jazz Pharmaceuticals. This transaction reflects administrative share withholding rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Iannone Robert
Role
EVP, Global Head of R&D & CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 6,209 | $188.69 | $1.17M |
Holdings After Transaction:
Ordinary Shares — 88,871 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Jazz (JAZZ) executive Robert Iannone report?
Robert Iannone reported a tax-withholding disposition of 6,209 Jazz ordinary shares. The shares were withheld on March 5, 2026, to cover tax obligations triggered by the vesting of previously granted restricted stock units, rather than sold in the open market.
Was Robert Iannone’s Jazz (JAZZ) Form 4 a sale in the open market?
No, the Form 4 reports a tax-withholding disposition, not an open-market sale. The 6,209 shares were withheld by Jazz Pharmaceuticals to settle tax obligations from vesting restricted stock units, rather than sold through normal trading on an exchange.
What triggered the tax-withholding disposition reported by Jazz (JAZZ) executive Robert Iannone?
The disposition was triggered by the vesting of previously granted restricted stock units. When part of these units vested, 6,209 Jazz ordinary shares were withheld to cover the resulting tax obligations instead of paying those taxes in cash.