Jazz Pharmaceuticals (NASDAQ: JAZZ) awards 1,605 RSUs to director Kennedy
Rhea-AI Filing Summary
Kennedy Patrick reported acquisition or exercise transactions in this Form 4 filing.
Jazz Pharmaceuticals director Patrick Kennedy reported a grant of 1,605 restricted stock units, each representing one ordinary share, under the company’s 2007 Amended and Restated 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 8,307 ordinary shares.
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Insider Trade Summary
Net Buyer: 1,605 shares
Net Buy
1 txn
Insider
Kennedy Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 1,605 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 8,307 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
Restricted stock units granted: 1,605 shares
Holdings after transaction: 8,307 shares
Vesting date: July 23, 2027
+1 more
4 metrics
Restricted stock units granted
1,605 shares
Grant of restricted stock units to director Patrick Kennedy
Holdings after transaction
8,307 shares
Total ordinary shares directly held by Patrick Kennedy after the grant
Vesting date
July 23, 2027
Date when the 1,605 restricted stock units vest in full, subject to conditions
Transaction price per share
0.0000
No-cash-cost equity award of restricted stock units
Key Terms
restricted stock units, contingent right, continuous service, Non-Employee Directors Stock Award Plan
4 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"
continuous service financial
"Subject to the Reporting Person's continuous service and certain additional"
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 Patrick Kennedy report for Jazz Pharmaceuticals (JAZZ)?
Patrick Kennedy reported a grant of 1,605 restricted stock units in Jazz Pharmaceuticals, each convertible into one ordinary share. The grant is part of the 2007 Non-Employee Directors Stock Award Plan and vests in full on July 23, 2027.
What are the vesting terms of Patrick Kennedy’s new Jazz (JAZZ) restricted stock units?
The 1,605 restricted stock units granted to Patrick Kennedy vest in full on July 23, 2027, subject to his continuous service and certain additional conditions. Each vested unit will deliver one ordinary share of Jazz Pharmaceuticals.
Under which plan were Patrick Kennedy’s Jazz (JAZZ) restricted stock units granted?
The award was granted under Jazz Pharmaceuticals’ 2007 Amended and Restated Non-Employee Directors Stock Award Plan. This plan provides equity compensation to non-employee directors through restricted stock units, each representing a right to receive one ordinary share at vesting.