Jazz Pharmaceuticals (JAZZ) CEO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc President & CEO Renee D. Gala reported a tax-related share transaction. On March 5, 2026, 7,065 ordinary shares were disposed of at $188.69 per share to satisfy tax obligations from vesting restricted stock units. After this withholding transaction, she directly owned 152,630 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GALA RENEE D
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 7,065 | $188.69 | $1.33M |
Holdings After Transaction:
Ordinary Shares — 152,630 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) report for Renee D. Gala?
Jazz Pharmaceuticals reported that President & CEO Renee D. Gala disposed of 7,065 ordinary shares. The shares were withheld to cover tax obligations arising from the vesting of previously granted restricted stock units, rather than an open-market sale.
Was the Jazz Pharmaceuticals (JAZZ) CEO’s Form 4 transaction an open-market sale?
No. The Form 4 states the 7,065 ordinary shares were withheld to satisfy tax obligations from vesting restricted stock units. This is a tax-withholding disposition, not a discretionary open-market sale of shares by the CEO.
What does transaction code F mean in the Jazz Pharmaceuticals (JAZZ) Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 7,065 Jazz Pharmaceuticals ordinary shares were withheld to satisfy tax obligations triggered by the vesting of previously granted restricted stock units.