Jazz Pharma director sells 1,855 shares for taxes
A Jazz Pharmaceuticals director used 1,855 shares to satisfy tax obligations from RSU vesting, not as an open-market sale.
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc (JAZZ) director Heather Ann McSharry reported two dispositions of Ordinary Shares on August 31, 2026 to cover tax obligations from the vesting of previously granted restricted stock units. A total of 1,855 shares were delivered or withheld for tax payment, and no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,855 shares
Tax Withholding
2 txns
Insider
McSharry Heather Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 15 | $244.6447 | $4K |
| Tax Withholding | Ordinary Shares F1 | 1,840 | $241.39 | $444K |
Holdings After Transaction:
Ordinary Shares — 18,199 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 payment (small lot): 15 shares
Shares disposed for tax payment (primary lot): 1,840 shares
Total shares delivered or withheld for tax: 1,855 shares
+1 more
4 metrics
Shares disposed for tax payment (small lot)
15 shares
Code F disposition on August 31, 2026 at $244.6447 per share
Shares disposed for tax payment (primary lot)
1,840 shares
Code F disposition on August 31, 2026 at $241.39 per share
Total shares delivered or withheld for tax
1,855 shares
Sum of both Code F tax-withholding dispositions reported
Transaction code
F
Both transactions coded as payment of tax liability by delivering or withholding securities
Key Terms
restricted stock units, tax obligations, beneficial ownership
3 terms
restricted stock units financial
"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.
tax obligations financial
"Shares sold to satisfy tax obligations arising out of the vesting"
beneficial ownership financial
"relates to her beneficial ownership and tax-withholding share dispositions"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did JAZZ director Heather Ann McSharry report on August 31, 2026?
She reported two dispositions of Ordinary Shares on August 31, 2026, totaling 1,855 shares, used to satisfy tax obligations arising from the vesting of previously granted restricted stock units.
Were the August 31, 2026 JAZZ Form 4 transactions open-market sales?
No. The filing states the shares were sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units, which indicates tax-withholding transactions rather than discretionary open-market sales.
Did the JAZZ Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is not checked, so the filing does not report that these transactions were made pursuant to a Rule 10b5-1 trading plan.
What role does Heather Ann McSharry have at Jazz Pharmaceuticals (JAZZ)?
Heather Ann McSharry is reported as a director of Jazz Pharmaceuticals plc. The Form 4 relates to her beneficial ownership and tax-withholding share dispositions connected to restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.