Jazz Pharmaceuticals Officer Files Form 144 for $1.5M Planned Sale
Jazz Pharmaceuticals plc
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Filing Summary
Form 144 Filing Alert: Jazz Pharmaceuticals plc ($JAZZ) • Insider: Bruce C Cozadd (Officer) • Proposed Transaction: Sale of 6,000 Common shares • Estimated Market Value: $1,500,780 (~$250.13/share) • Plan Adoption Date: November 26, 2025 (Rule 10b5-1 Plan) • Approximate Sale Date: September 1, 2026 • Significance: Low (Scheduled monthly Rule 10b5-1 program)
Comprehensive Analysis
Executive Summary
On September 1, 2026, Bruce C Cozadd, an Officer of Jazz Pharmaceuticals plc ($JAZZ), submitted a Form 144 filing disclosing an intent to sell 6,000 shares of common stock through broker Merrill Lynch, representing an aggregate market value of approximately $1,500,780 (~$250.13 per share).
Transaction & Plan Details
- Securities to be Sold: 6,000 Common shares acquired via stock option exercises in February and March 2018.
- 10b5-1 Plan Adoption: The transaction is executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on November 26, 2025.
- Recent Past Sales: The insider has executed recurring monthly sales of 6,000 shares each over the past three months:
- August 3, 2026: 6,000 shares for $1,517,880
- July 1, 2026: 6,000 shares for $1,442,820
- June 1, 2026: 6,000 shares for $1,410,720
Trading Significance Assessment
- Impact: Low
- Context: The proposed sale represents a fraction (~0.009%) of the 64,914,577 common shares outstanding. Given the recurring monthly cadence under an established Rule 10b5-1 trading plan adopted in late 2025, this filing represents standard executive diversification rather than a discretionary market-timing signal.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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