Jazz Pharma CEO sells 2,000 shares at $243
Jazz Pharmaceuticals’ CEO reported tax-related share withholding and an automatic Rule 10b5-1 share sale.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) reported insider activity by President & CEO Renee D. Gala on September 8, 2026. Gala had 1,967 ordinary shares withheld to satisfy tax obligations arising from the vesting of previously granted restricted stock units, and separately sold 2,000 ordinary shares at $243.03 per share in a sale described as an open market or private transaction made automatically under a Rule 10b5-1 trading plan adopted on June 4, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 2,000 shares
Net Sell
2 txns
Insider
GALA RENEE D
Role
President & CEO
Sold
2,000 shs ($486K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 1,967 | $246.81 | $485K |
| Sale | Ordinary Shares F2 | 2,000 | $243.03 | $486K |
Holdings After Transaction:
Ordinary Shares — 143,394 shares (Direct)
Footnotes (2)
- F1. Shares withheld to satisfy tax obligations arising out of vesting of a portion of previously granted restricted stock units.
- F2. This transaction was made pursuant to a plan adopted by the reporting person on June 4, 2026 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The transaction occurred automatically and does not represent a discretionary transaction by the reporting person.
Key Figures
Shares withheld for taxes: 1,967 ordinary shares
Shares sold: 2,000 ordinary shares
Sale price per share: $243.03 per share
+2 more
5 metrics
Shares withheld for taxes
1,967 ordinary shares
Withheld on September 8, 2026 to satisfy tax obligations from restricted stock unit vesting
Shares sold
2,000 ordinary shares
Sale by Renee D. Gala on September 8, 2026
Sale price per share
$243.03 per share
Price for 2,000 ordinary shares sold on September 8, 2026
Tax-withholding reference price
$246.81 per share
Reference price applied to 1,967 shares withheld for tax obligations on September 8, 2026
Rule 10b5-1 plan adoption date
June 4, 2026
Date the trading plan covering the 2,000-share sale was adopted
Key Terms
restricted stock units, Rule 10b5-1, tax obligations
3 terms
restricted stock units financial
"arising out of vesting of a portion 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
"adopted by the reporting person on June 4, 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.
tax obligations financial
"Shares withheld to satisfy tax obligations arising out of vesting"
FAQ
What insider transactions did JAZZ’s CEO report on September 8, 2026?
Renee D. Gala reported two transactions on September 8, 2026: 1,967 ordinary shares were withheld to satisfy tax obligations from restricted stock unit vesting, and 2,000 ordinary shares were sold at $243.03 per share in an open market or private transaction.
Does the Form 4 state whether the JAZZ CEO’s sale was discretionary?
The Form 4 states that the September 8, 2026 sale of 2,000 ordinary shares occurred automatically under a Rule 10b5-1 trading plan and does not represent a discretionary transaction by Renee D. Gala.
AI-generated analysis. How Rhea-AI works. Not financial advice.