Jazz Pharma director sells 6,000 shares at $250
A Jazz Pharmaceuticals director executed a Rule 10b5-1 planned sale and reported additional share dispositions used to satisfy tax obligations from restricted stock unit vesting.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc director Bruce C. Cozadd reported selling 6,000 Ordinary Shares of JAZZ on September 1, 2026 at $250.13 per share in an open-market or private transaction. On August 31, 2026, he also disposed of 1,219 shares to pay tax liabilities from vesting restricted stock units, including a previously unreported 3,193-share tax withholding from November 3, 2025. The September 1, 2026 sale was executed under a Rule 10b5-1 trading plan adopted on November 26, 2025.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares
Net Sell
3 txns
Insider
COZADD BRUCE C
Role
Director
Sold
6,000 shs ($1.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F3 | 6,000 | $250.13 | $1.50M |
| Tax Withholding | Ordinary Shares F1, F2 | 10 | $244.064 | $2K |
| Tax Withholding | Ordinary Shares F1 | 1,209 | $241.3899 | $292K |
Holdings After Transaction:
Ordinary Shares — 351,875 shares (Direct)
Footnotes (3)
- F1. Shares sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.
- F2. Includes the November 3, 2025 disposition of 3,193 shares for the withholding of restricted stock units by the Issuer to satisfy FICA taxes arising from the Reporting Person being retirement eligible which was previously inadvertently not reported; not an open market transaction.
- F3. This transaction was made pursuant to a plan adopted by the reporting person on November 26, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The transaction occurred automatically and does not represent a discretionary transaction by the reporting person.
Key Figures
Open-market sale shares: 6,000 shares
Open-market sale price: $250.13 per share
Tax-withholding dispositions: 1,219 shares
+2 more
5 metrics
Open-market sale shares
6,000 shares
Ordinary Shares sold on September 1, 2026
Open-market sale price
$250.13 per share
Price for 6,000 Ordinary Shares sold September 1, 2026
Tax-withholding dispositions
1,219 shares
Ordinary Shares disposed of on August 31, 2026 to pay tax liabilities
Tax-withholding prices
$244.064 and $241.3899 per share
Per-share prices for August 31, 2026 tax-withholding dispositions
Previously unreported tax withholding
3,193 shares
Disposition on November 3, 2025 to satisfy FICA taxes on RSUs
Key Terms
Rule 10b5-1, restricted stock units, FICA taxes
3 terms
Rule 10b5-1 regulatory
"This transaction was made pursuant to a plan adopted ... in accordance with Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
restricted stock units financial
"tax obligations 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.
FICA taxes financial
"withholding of restricted stock units by the Issuer to satisfy FICA taxes"
FAQ
What insider transactions did JAZZ director Bruce C. Cozadd report?
He reported selling 6,000 Ordinary Shares on September 1, 2026 at $250.13 per share, plus dispositions totaling 1,219 shares on August 31, 2026 to satisfy tax liabilities related to restricted stock unit vesting.
Is the Form 4 for JAZZ primarily reporting insider buying or selling?
The Form 4 reports net selling/dispositions, including a 6,000-share sale and 1,219 shares disposed of to cover tax liabilities from restricted stock unit vesting, along with disclosure of a prior 3,193-share tax withholding disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.