Jazz Pharmaceuticals (NASDAQ: JAZZ) CEO donates 600 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc President & CEO Renee D. Gala reported a charitable share transfer. On June 3, 2026, she made a bona fide gift of 600 ordinary shares at a stated price of $0.00 per share, reducing her direct holdings to 152,196 shares. A footnote also notes that she acquired 166 ordinary shares through a Section 423 Employee Stock Purchase Plan on May 29, 2026, highlighting ongoing participation in employee equity programs.
Positive
- None.
Negative
- None.
Insider Trade Summary
600 shares gifted
Mixed
1 txn
Insider
GALA RENEE D
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 600 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 152,196 shares (Direct, null)
Footnotes (1)
- Shares were donated to The Gala Family Fund, a donor-advised fund. The Reporting Person acquired 166 ordinary shares under a Section 423 Employee Stock Purchase Plan on May 29, 2026.
Key Figures
Gifted shares: 600 ordinary shares
Gift price: $0.00 per share
Shares held after transaction: 152,196 ordinary shares
+2 more
5 metrics
Gifted shares
600 ordinary shares
Bona fide gift on June 3, 2026
Gift price
$0.00 per share
Stated price for gifted shares
Shares held after transaction
152,196 ordinary shares
Direct holdings after June 3, 2026 gift
ESPP acquisition
166 ordinary shares
Acquired under Section 423 ESPP on May 29, 2026
Gift type
Bona fide gift (code G)
Non-derivative transaction classification
Key Terms
bona fide gift, donor-advised fund, Section 423 Employee Stock Purchase Plan
3 terms
bona fide gift financial
"The transaction code is G, described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"Shares were donated to The Gala Family Fund, a donor-advised fund."
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
Section 423 Employee Stock Purchase Plan financial
"The Reporting Person acquired 166 ordinary shares under a Section 423 Employee Stock Purchase Plan on May 29, 2026."
FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) report for Renee D. Gala?
The filing reports that President & CEO Renee D. Gala made a bona fide gift of 600 ordinary shares on June 3, 2026. This transfer was reported at a stated price of $0.00 per share and reflects a charitable disposition, not a market sale.