Jazz Pharmaceuticals (NASDAQ: JAZZ) grants 1,605 RSUs to board director
Rhea-AI Filing Summary
Winningham Rick E reported acquisition or exercise transactions in this Form 4 filing.
Jazz Pharmaceuticals director Rick E Winningham reported an equity award of 1,605 restricted stock units, each representing one ordinary share, granted at $0.0000 per share under the 2007 Non-Employee Directors Stock Award Plan. Subject to continuous service and conditions, the units vest in full on July 23, 2027, bringing his direct holdings to 11,172 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,605 shares
Net Buy
1 txn
Insider
Winningham Rick E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 1,605 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 11,172 shares (Direct)
Footnotes (1)
- F1. These restricted stock units are granted pursuant to the Issuer's 2007 Amended and Restated Non-Employee Directors Stock Award Plan. Each restricted stock unit represents a contingent right to receive one ordinary share upon the vesting of the unit. Subject to the Reporting Person's continuous service and certain additional conditions, these units will vest in full on July 23, 2027.
Key Figures
RSUs granted: 1,605 units
Shares owned after grant: 11,172 shares
Vesting date: July 23, 2027
+1 more
4 metrics
RSUs granted
1,605 units
Restricted stock units representing ordinary shares granted to director
Shares owned after grant
11,172 shares
Ordinary shares directly owned by Rick E Winningham after reported award
Vesting date
July 23, 2027
RSUs vest in full subject to continuous service and conditions
Grant price per share
$0.0000
Equity award granted without cash purchase price
Key Terms
restricted stock units, contingent right, Non-Employee Directors Stock Award Plan
3 terms
restricted stock units financial
"These restricted stock units are granted pursuant to the Issuer's 2007 Amended"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one ordinary share"
Non-Employee Directors Stock Award Plan financial
"Issuer's 2007 Amended and Restated Non-Employee Directors Stock Award Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did JAZZ director Rick E Winningham report?
Rick E Winningham, a director of Jazz Pharmaceuticals, reported receiving an equity award of 1,605 restricted stock units. Each unit represents a contingent right to receive one ordinary share, subject to vesting conditions under the company’s 2007 Non-Employee Directors Stock Award Plan.
When do Rick E Winningham’s new JAZZ restricted stock units vest?
The restricted stock units are scheduled to vest in full on July 23, 2027. Vesting is subject to Winningham’s continuous service with Jazz Pharmaceuticals and certain additional conditions set out in the company’s Non-Employee Directors Stock Award Plan.
Was the reported JAZZ Form 4 transaction made under a Rule 10b5-1 plan?
No. The filing shows the Rule 10b5‑1 checkbox as not selected, indicating the transaction was not reported as made under a pre-arranged Rule 10b5‑1 trading plan. It reflects a director equity award under the company’s stock plan.
What plan governs the new JAZZ restricted stock unit award to Rick E Winningham?
The grant was made under Jazz Pharmaceuticals’ 2007 Amended and Restated Non-Employee Directors Stock Award Plan. This plan provides equity compensation to non-employee directors, including restricted stock units that convert into ordinary shares upon vesting.