Jazz Pharma director uses 1,706 shares for tax
A Jazz Pharmaceuticals director had 1,706 shares withheld to satisfy taxes on vesting RSUs.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) reported that director Mark Douglas Smith had shares withheld on August 31, 2026 to cover tax obligations from the vesting of previously granted restricted stock units. A total of 1,706 Ordinary Shares were disposed of through tax-withholding transactions at prices around the mid-$240s per share. 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
Smith Mark Douglas
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 — 9,579 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): 1,706 shares
Tax-withholding lot 1: 14 shares at $244.6443 per share
Tax-withholding lot 2: 1,692 shares at $241.3900 per share
3 metrics
Shares withheld for taxes (total)
1,706 shares
Ordinary Shares disposed of on August 31, 2026 to satisfy tax obligations from RSU vesting
Tax-withholding lot 1
14 shares at $244.6443 per share
Ordinary Shares disposed of on August 31, 2026 for tax withholding
Tax-withholding lot 2
1,692 shares at $241.3900 per share
Ordinary Shares disposed of on August 31, 2026 for tax 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 report for Mark Douglas Smith?
Jazz Pharmaceuticals reported that director Mark Douglas Smith had 1,706 Ordinary Shares withheld on August 31, 2026 to satisfy tax obligations arising from the vesting of previously granted restricted stock units.
Was the JAZZ insider transaction a sale for investment purposes?
No. The filing states the 1,706 shares were sold or withheld to satisfy tax obligations from the vesting of restricted stock units, not an open-market sale initiated for investment reasons.
Was a Rule 10b5-1 trading plan involved in this JAZZ Form 4?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the only footnote explains that shares were disposed of to satisfy tax obligations from vesting restricted stock units.
What is the role of Mark Douglas Smith at Jazz Pharmaceuticals (JAZZ)?
Mark Douglas Smith is identified as a director of Jazz Pharmaceuticals plc in this Form 4 insider transaction report.
AI-generated analysis. How Rhea-AI works. Not financial advice.