Jazz Pharma director uses 1,706 shares for taxes
A Jazz Pharmaceuticals director used 1,706 shares to cover taxes on vesting restricted stock units, rather than selling shares in the open market.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) director Patrick G. Enright reported two dispositions of ordinary shares on August 31, 2026, when 14 shares at $244.64 and 1,692 shares at $241.39 were delivered or withheld to pay tax obligations arising from the vesting of previously granted restricted stock units; these were not open-market sales and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,706 shares
Tax Withholding
2 txns
Insider
ENRIGHT PATRICK G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 14 | $244.6443 | $3K |
| Tax Withholding | Ordinary Shares F1 | 1,692 | $241.39 | $408K |
Holdings After Transaction:
Ordinary Shares — 21,278 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 delivered or withheld for taxes: 1,706 shares
Smaller tax-related disposition: 14 shares at $244.64 per share
Larger tax-related disposition: 1,692 shares at $241.39 per share
+2 more
5 metrics
Shares delivered or withheld for taxes
1,706 shares
Total ordinary shares used to satisfy tax obligations on August 31, 2026
Smaller tax-related disposition
14 shares at $244.64 per share
Ordinary shares delivered or withheld on August 31, 2026 to cover tax from RSU vesting
Larger tax-related disposition
1,692 shares at $241.39 per share
Ordinary shares delivered or withheld on August 31, 2026 to cover tax from RSU vesting
Number of tax-related transactions
2 transactions
Code F dispositions on August 31, 2026 to satisfy tax obligations
Reporting person role
Director
Position of Patrick G. Enright at Jazz Pharmaceuticals plc
Key Terms
restricted stock units, tax obligations, vesting
3 terms
restricted stock units financial
"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"
vesting financial
"arising out of the vesting of previously granted restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did JAZZ director Patrick G. Enright report on August 31, 2026?
He reported two dispositions of ordinary shares on August 31, 2026: 14 shares at $244.64 per share and 1,692 shares at $241.39 per share, all used to satisfy tax obligations from vesting restricted stock units.
Was a Rule 10b5-1 trading plan involved in the August 31, 2026 JAZZ transactions?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions. The disposition of 1,706 shares was specifically described as addressing tax obligations from restricted stock unit vesting, rather than trades executed under a pre-arranged trading plan.
What role does Patrick G. Enright hold at Jazz Pharmaceuticals (JAZZ) in this Form 4?
Patrick G. Enright is identified as a director of Jazz Pharmaceuticals plc. The reported August 31, 2026 share dispositions relate to his equity compensation, specifically the vesting of previously granted restricted stock units and associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.