Jazz Pharmaceuticals (JAZZ) insider RSU tax withholding detailed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals EVP & Chief Legal Officer Neena M. Patil had 2,678 Ordinary Shares withheld on June 30, 2026 to cover taxes from vesting restricted stock units. The shares were not sold on the open market but used to satisfy tax obligations.
After this tax-withholding disposition, Patil directly holds 48,871 Ordinary Shares. This type of transaction is routine for equity-based compensation and does not represent a discretionary purchase or sale decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patil Neena M
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 2,678 | $237.72 | $637K |
Holdings After Transaction:
Ordinary Shares — 48,871 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,678 shares
Reference price per share: $237.72/share
Shares held after transaction: 48,871 shares
3 metrics
Shares withheld for taxes
2,678 shares
Tax-withholding disposition on June 30, 2026
Reference price per share
$237.72/share
Value used for tax-withholding shares
Shares held after transaction
48,871 shares
Direct Ordinary Shares held by Neena M. Patil after withholding
Key Terms
restricted stock units, tax-withholding disposition, Ordinary Shares
3 terms
restricted stock units financial
"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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) report for Neena M. Patil?
Jazz Pharmaceuticals reported that EVP & Chief Legal Officer Neena M. Patil had 2,678 Ordinary Shares withheld to cover taxes from vesting restricted stock units. This was a tax-withholding disposition, not an open-market trade, and reflects routine handling of equity compensation.
Was the Jazz Pharmaceuticals (JAZZ) Form 4 a stock sale by the insider?
No, the Form 4 shows a tax-withholding disposition, not an open-market stock sale. Shares were withheld by the company to satisfy tax obligations triggered by the vesting of restricted stock units, a common administrative step in equity compensation programs.
What does a tax-withholding disposition mean for Jazz Pharmaceuticals (JAZZ) investors?
A tax-withholding disposition means the company retains some shares from vesting awards to pay the insider’s tax obligations. It is a mechanical, compensation-related event and generally does not signal any change in the insider’s outlook on Jazz Pharmaceuticals stock.