The open-market sale by a director is modest in size and not unusual ahead of earnings or corporate events, but the lack of buying or broader executive participation limits negative signal. Monitor for additional selling or news catalysts.
Price Chart
Executive Summary
A recent insider trading cluster at Jazz Pharmaceuticals includes a significant open-market sale by director Bruce Cozadd totaling $588K and a large tax withholding share surrender by EVP Neena Patil worth $943K. The sale represents modest insider selling, while the tax withholding is a non-cash, routine transaction related to vesting equity.
Key Financial Metrics
Key Facts
- Director Bruce Cozadd sold 3,159 shares in the open market for $587,843 ($186.09 avg price).
- EVP Neena Patil surrendered 5,000 shares to cover tax obligations on vesting equity, valued at $943,450.
- Total cluster value: $1,531,293, with $587,843 in actual open-market selling.
- Open-market selling represents ~0.005% of Jazz's $11.2B market cap — well below 0.1%, indicating minimal market impact.
Financial Impact
$587,843 in open-market selling by a director; $943,450 non-cash tax withholding transaction
Risk Factors
- Perception of insider selling ahead of potential negative news, though volume is low.
- Tax-related share surrenders can create short-term downward pressure if concentrated.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-JAZZ-1773090465374 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 6d ago | Press Release | $213.76 $211.97 | ▼ −0.84% | ▼ −1.36% | $210.99 (−1.30%) |
Oct 9, 2026 17d ago | 8-K | $218.42 $216.75 | ▼ −0.76% | ▼ −0.70% | $210.99 (−3.40%) |
Oct 8, 2026 17d ago | 144 | $218.42 $216.75 | ▼ −0.76% | ▼ −0.70% | $210.99 (−3.40%) |
Oct 6, 2026 19d ago | 144 | $231.19 $222.45 | ▼ −3.78% | ▼ −3.36% | $210.99 (−8.74%) |
Oct 1, 2026 24d ago | 144 | $235.67 $236.04 | ▲ +0.16% | ▼ −0.52% | $210.99 (−10.47%) |
Sep 15, 2026 5w ago | 8-K | $240.83 $243.59 | ▲ +1.15% | ▲ +1.59% | $210.99 (−12.39%) |
Sep 14, 2026 5w ago | Insider Cluster | $240.83 $243.59 | ▲ +1.15% | ▲ +1.59% | $210.99 (−12.39%) |
Sep 10, 2026 6w ago | Insider Cluster | $245.80 $245.87 | ▲ +0.03% | ▲ +0.47% | $210.99 (−14.16%) |
Sep 2, 2026 7w ago | Insider Cluster | $247.57 $246.81 | ▲ +0.30% | ▼ −0.08% | $210.99 (+14.78%) |
Aug 31, 2026 7w ago | 144 | $243.71 $245.57 | ▲ +0.76% | ▲ +0.32% | $210.99 (−13.43%) |
US Market Status
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