Jazz Pharmaceuticals (JAZZ) EVP has 2,503 shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc executive reports tax-related share disposition. EVP and Chief Commercial Officer Samantha Pearce had 2,503 Ordinary Shares withheld at $188.69 per share to satisfy tax obligations from the vesting of previously granted restricted stock units. After this tax-withholding transaction, she directly owns 50,272 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,503 shares
Net Sell
1 txn
Insider
Pearce Samantha
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 2,503 | $188.69 | $472K |
Holdings After Transaction:
Ordinary Shares — 50,272 shares (Direct)
Footnotes (1)
- F1. Shares withheld to satisfy tax obligations arising out of vesting of a portion of previously granted restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Jazz Pharmaceuticals (JAZZ) disclose in Samantha Pearce’s latest Form 4?
Jazz Pharmaceuticals reported that EVP and Chief Commercial Officer Samantha Pearce had 2,503 Ordinary Shares withheld to cover taxes from vested restricted stock units. This was a tax-withholding disposition, not an open-market stock sale, and is a routine administrative transaction.
Was the Jazz Pharmaceuticals (JAZZ) Form 4 transaction an open-market sale?
No, the Form 4 indicates a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay taxes due on the vesting of previously granted restricted stock units, as described in the filing’s footnote.
What does transaction code F mean in the Jazz Pharmaceuticals (JAZZ) Form 4?
Transaction code F represents payment of an exercise price or tax liability by delivering securities. In this case, 2,503 Ordinary Shares were withheld to satisfy tax obligations from the vesting of restricted stock units granted to Samantha Pearce.