Jazz Pharmaceuticals Director Norbert G. Riedel Disposes Shares for Tax Obligations
Jazz Pharmaceuticals plc
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Filing Summary
Jazz Pharmaceuticals plc ($JAZZ) – Form 4 Insider Filing Insider: Norbert G. Riedel (Director) Type: Disposition (Tax Withholding - Code F) Shares Transacted: 1,706 ordinary shares Total Value: ~$411,856.90 Shares Held Post-Transaction: 6,923 direct (plus 10,630 indirect via Trust) Significance: Low (Routine disposition to satisfy tax obligations on RSU vesting)
Comprehensive Analysis
Executive Summary
On September 2, 2026, Jazz Pharmaceuticals plc ($JAZZ) director Norbert G. Riedel filed a Form 4 reporting dispositions of ordinary shares on August 31, 2026, totaling 1,706 shares valued at approximately $411,856.90.
Transaction Breakdown
- Security: Ordinary Shares
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Transaction Details:
- Tranche 1: 14 shares disposed at $244.6443 per share ($3,425.02)
- Tranche 2: 1,692 shares disposed at $241.3900 per share ($408,431.88)
- Total Disposed: 1,706 shares for an aggregate value of $411,856.90
- Post-Transaction Holdings:
- Direct Ownership: 6,923 ordinary shares
- Indirect Ownership: 10,630 ordinary shares held via Trust
Strategic & Market Implications
- Purpose: According to the footnotes, these shares were withheld/sold solely to satisfy tax withholding obligations triggered by the vesting of previously granted restricted stock units (RSUs).
- Market Sentiment: Low informational value for open-market sentiment, as mandatory or automated tax-withholding dispositions do not reflect discretionary insider selling.
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