Jazz Pharmaceuticals (JAZZ) CFO granted 11,857 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Philip L reported acquisition or exercise transactions in this Form 4 filing.
Jazz Pharmaceuticals executive vice president and chief financial officer Philip L. Johnson reported an equity grant of 11,857 restricted stock units, each representing one ordinary share, awarded at no cash cost under the company’s 2011 Equity Incentive Plan.
The units vest in four equal annual installments starting on March 5, 2026, with one-quarter vesting on the first anniversary of that date and the remainder vesting annually over the next three years. Following this award, Johnson directly holds 62,223 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Philip L
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 11,857 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 62,223 shares (Direct)
Footnotes (1)
- These restricted stock units are granted pursuant to the Issuer's 2011 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one ordinary share upon the vesting of the unit. These units vest in equal annual installments over four years measured from the vesting commencement date of March 5, 2026, with 1/4th vesting on the first anniversary of the vesting commencement date and the remainder vesting in equal annual installments over the subsequent three years. The Reporting Person acquired 166 ordinary shares on May 30, 2025 and 140 shares on November 28, 2025 under a Section 423 Employee Stock Purchase Plan.
FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) CFO Philip L. Johnson report?
Philip L. Johnson reported receiving 11,857 restricted stock units in Jazz Pharmaceuticals. These units were granted at no cash cost under the 2011 Equity Incentive Plan and each unit represents a contingent right to one ordinary share, subject to multi-year vesting conditions.
What are the vesting terms of the 11,857 restricted stock units granted to JAZZ’s CFO?
The 11,857 restricted stock units vest in four equal annual installments. Vesting is measured from a commencement date of March 5, 2026, with one-quarter vesting on the first anniversary and the remaining three-quarters vesting in equal annual installments over the following three years.
Under which plan were the Jazz Pharmaceuticals (JAZZ) CFO’s restricted stock units granted?
These restricted stock units were granted under Jazz Pharmaceuticals’ 2011 Equity Incentive Plan. The plan provides equity-based compensation where each restricted stock unit represents a contingent right to receive one ordinary share once specific vesting requirements are satisfied over time.
Did the Jazz Pharmaceuticals (JAZZ) CFO pay cash for the 11,857 restricted stock units?
No, the reported transaction shows a grant at a price of zero per share. This reflects a compensatory equity award rather than an open-market purchase, with value realized only if and when the restricted stock units vest into ordinary shares.