Jazz Pharmaceuticals (JAZZ) director receives 1,527-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOVE TED W reported acquisition or exercise transactions in this Form 4 filing.
Jazz Pharmaceuticals plc director Ted W. Love reported receiving a grant of 1,527 ordinary shares in the form of restricted stock units. The award was made at a price of $0.00 per share, reflecting an equity compensation grant rather than a market purchase.
Each restricted stock unit represents the right to receive one ordinary share if certain conditions are met. The units are scheduled to vest in full on July 24, 2026, subject to Dr. Love’s continuous service and additional plan conditions. Following this grant, he holds 1,527 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOVE TED W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,527 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 1,527 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did JAZZ director Ted W. Love report on this Form 4?
Ted W. Love reported an equity grant of 1,527 restricted stock units of Jazz Pharmaceuticals. Each unit represents a right to receive one ordinary share, awarded at $0.00 per share as director compensation under the company’s non-employee director stock award plan.
At what price were the Jazz Pharmaceuticals (JAZZ) restricted stock units granted to Ted W. Love?
The restricted stock units were granted at $0.00 per share, indicating a compensation award rather than an open-market purchase. This structure is typical for non-employee director equity grants made under a formal stock award or incentive plan.
When do Ted W. Love’s Jazz Pharmaceuticals (JAZZ) restricted stock units vest?
The 1,527 restricted stock units are scheduled to vest in full on July 24, 2026. Vesting is conditioned on Dr. Love’s continuous service with Jazz Pharmaceuticals and satisfaction of additional terms set out in the non-employee directors stock award plan.
What plan governs the JAZZ restricted stock unit grant reported by Ted W. Love?
The grant was made under Jazz Pharmaceuticals’ 2007 Amended and Restated Non-Employee Directors Stock Award Plan. This plan provides equity-based compensation to non-employee directors, with each restricted stock unit convertible into one ordinary share upon vesting.