Jazz Pharma director withholds 1,706 shares for tax
A Jazz Pharmaceuticals director disposed of shares to cover taxes on vested restricted stock units, not through open-market sales.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) reported insider activity by director Laura Hamill involving dispositions of ordinary shares on August 31, 2026. Two transactions totaling 1,706 shares were delivered or withheld to pay tax obligations arising from the vesting of previously granted restricted stock units, rather than open-market sales. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,706 shares
Tax Withholding
2 txns
Insider
Hamill Laura
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 14 | $244.0643 | $3K |
| Tax Withholding | Ordinary Shares F1 | 1,692 | $241.39 | $408K |
Holdings After Transaction:
Ordinary Shares — 6,832 shares (Direct)
Footnotes (1)
- F1. Shares sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.
Key Figures
Shares disposed for tax withholding: 1,706 shares
Smaller tax-withholding lot: 14 shares at $244.0643 per share
Larger tax-withholding lot: 1,692 shares at $241.3900 per share
+2 more
5 metrics
Shares disposed for tax withholding
1,706 shares
Total ordinary shares delivered or withheld on August 31, 2026 to satisfy tax obligations from RSU vesting
Smaller tax-withholding lot
14 shares at $244.0643 per share
Code F disposition on August 31, 2026 for payment of tax liability
Larger tax-withholding lot
1,692 shares at $241.3900 per share
Code F disposition on August 31, 2026 for payment of tax liability
Transactions coded as payment of tax liability
2 transactions
Both non-derivative, code F, tax-withholding dispositions on August 31, 2026
Exercise price or tax liability shares count
1,706 shares
Aggregate shares associated with code F events in the transaction summary
Key Terms
restricted stock units, Rule 10b5-1, tax obligations, payment of tax liability by delivering or withholding securities
4 terms
restricted stock units financial
"tax obligations arising out of the vesting of previously granted restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 regulatory
"document-level indicator for Rule 10b5-1 plans is marked false"
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.
tax obligations financial
"Shares sold to satisfy tax obligations arising out of the vesting"
payment of tax liability by delivering or withholding securities financial
"transaction code F is described as payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did JAZZ director Laura Hamill report?
Director Laura Hamill reported two dispositions of ordinary shares on August 31, 2026, totaling 1,706 shares, to satisfy tax obligations related to the vesting of previously granted restricted stock units.
Were the JAZZ insider transactions open-market sales?
No. The filing states that the 1,706 shares were sold to satisfy tax obligations from the vesting of restricted stock units, indicating tax-withholding dispositions rather than discretionary open-market sales.
Was a Rule 10b5-1 trading plan involved in these JAZZ transactions?
No. The document-level indicator for Rule 10b5-1 plans is marked false, meaning these reported tax-withholding dispositions were not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.