Director at Jazz Pharmaceuticals (JAZZ) sells 6,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jazz Pharmaceuticals plc director Bruce C. Cozadd sold 6,000 ordinary shares of the company in open-market transactions. The sales occurred on 2026-04-01 at weighted average prices of $190.2220, $190.9383 and $191.7447 per share. According to a footnote, these trades were executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025, meaning the timing was not discretionary. After the transactions, Cozadd directly owned 384,682 ordinary shares of Jazz Pharmaceuticals.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($1,143,010)
Net Sell
3 txns
Insider
COZADD BRUCE C
Role
Director
Sold
6,000 shs ($1.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,684 | $190.222 | $701K |
| Sale | Ordinary Shares | 2,292 | $190.9383 | $438K |
| Sale | Ordinary Shares | 24 | $191.7447 | $5K |
Holdings After Transaction:
Ordinary Shares — 386,998 shares (Direct)
Footnotes (1)
- This transaction was made pursuant to a plan adopted by the reporting person on November 26, 2025 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. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $189.60 to $190.5603. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected. Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $190.6051 to $190.5982. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
Key Figures
Shares sold: 6,000 ordinary shares
Sale price tranche 1: $190.2220 per share
Sale price tranche 2: $190.9383 per share
+3 more
6 metrics
Shares sold
6,000 ordinary shares
Total net shares sold on 1 April 2026
Sale price tranche 1
$190.2220 per share
Weighted average price for 3,684 shares sold
Sale price tranche 2
$190.9383 per share
Weighted average price for 2,292 shares sold
Sale price tranche 3
$191.7447 per share
Weighted average price for 24 shares sold
Shares held after trades
384,682 ordinary shares
Direct ownership after 1 April 2026 sales
Intermediate holdings
386,998 ordinary shares
Direct ownership after first 3,684-share sale
Key Terms
Rule 10b5-1, weighted average sale price, open-market sale, ordinary shares, +1 more
5 terms
Rule 10b5-1 regulatory
"plan adopted by the reporting person on November 26, 2025 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.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Jazz Pharmaceuticals (JAZZ) disclose?
Jazz Pharmaceuticals reported that director Bruce C. Cozadd sold 6,000 ordinary shares in open-market transactions. These trades were executed on 1 April 2026 at weighted average prices around $190–$192 per share, and were made under a pre-arranged Rule 10b5-1 trading plan.
Was the Jazz Pharmaceuticals (JAZZ) insider sale pre-planned?
Yes. A footnote states the transactions were made under a Rule 10b5-1 trading plan adopted on 26 November 2025. This means the sales were scheduled in advance and executed automatically, rather than reflecting a discretionary timing decision by Bruce C. Cozadd.
Who is the reporting person in the Jazz Pharmaceuticals (JAZZ) Form 4?
The reporting person is Bruce C. Cozadd, identified as a director of Jazz Pharmaceuticals plc. The Form 4 shows his direct ownership of ordinary shares and details three open-market sale transactions executed on 1 April 2026 under a pre-arranged trading plan.