Jazz Pharmaceuticals (JAZZ) legal chief sells 1,192 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc executive Neena M. Patil, EVP & Chief Legal Officer, reported an open-market sale of 1,192 Ordinary Shares at $236.97 per share. After this transaction, she directly holds 52,626 shares.
The sale was executed automatically under a Rule 10b5-1 trading plan adopted on February 26, 2026, indicating it was pre-scheduled rather than a discretionary trade based on short-term market conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,192 shares ($282,468)
Net Sell
1 txn
Insider
Patil Neena M
Role
EVP & Chief Legal Officer
Sold
1,192 shs ($282K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,192 | $236.97 | $282K |
Holdings After Transaction:
Ordinary Shares — 52,626 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,192 shares
Sale price: $236.97 per share
Shares held after sale: 52,626 shares
3 metrics
Shares sold
1,192 shares
Open-market sale on May 28, 2026
Sale price
$236.97 per share
Ordinary Shares transaction
Shares held after sale
52,626 shares
Direct ownership following transaction
Key Terms
Rule 10b5-1, open-market sale, Ordinary Shares
3 terms
Rule 10b5-1 regulatory
"plan adopted by the reporting person on February 26, 2026 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) report for Neena M. Patil?
Jazz Pharmaceuticals reported that EVP & Chief Legal Officer Neena M. Patil sold 1,192 Ordinary Shares in an open-market transaction at $236.97 per share, leaving her with 52,626 shares held directly after the sale was completed.
What is the significance of Rule 10b5-1 in the Jazz Pharmaceuticals (JAZZ) insider sale?
Rule 10b5-1 allows insiders to set pre-arranged trading plans. The filing states Patil’s sale followed a Rule 10b5-1 plan adopted February 26, 2026, indicating the transaction was scheduled in advance rather than timed based on non-public or short-term information.