Form 4: Jazz Pharmaceuticals Director Jennifer Cook Reports Stock Transactions
SEC Form 4 Filing
Director Jennifer Cook of Jazz Pharmaceuticals reports acquisition and disposal of ordinary shares, including shares sold to cover tax obligations from vesting restricted stock units.
Summary
- On August 2, 2024, Jennifer Cook, a director of Jazz Pharmaceuticals, acquired 3,731 ordinary shares at a price of $0.00.
- These shares were acquired as restricted stock units granted under the company's 2007 Amended and Restated Non-Employee Directors Stock Award Plan, vesting fully on July 25, 2025.
- On August 6, 2024, Cook disposed of 1,484 ordinary shares at a price of $111.35.
- These shares were sold to satisfy tax obligations related to the vesting of previously granted restricted stock units.
- Following these transactions, Cook beneficially owns 9,135 ordinary shares.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to director compensation and tax obligations, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It reflects standard compensation practices involving stock-based awards and tax obligation management.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine insider trading activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Jennifer Cook acquired 3,731 ordinary shares. |
| 07/25/2025 | Restricted stock units will vest in full. |
| 08/06/2024 | Jennifer Cook disposed of 1,484 ordinary shares to cover tax obligations. |
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