JetBlue (NASDAQ: JBLU) director Leduc reports DSU grant and RSU vesting

Rhea-AI Filing Summary

JETBLUE AIRWAYS CORP director Robert F. Leduc reported equity compensation-related transactions. He received a grant of 29,867 Deferred Stock Units, each convertible into one share of common stock upon vesting, and these DSUs are scheduled to vest over one year from a vesting commencement date of March 10, 2026. He also exercised 22,094 Restricted Stock Units into an equal number of common shares, reflecting vesting of director RSUs granted on March 10, 2025, and now directly holds 36,124 shares of common stock. Following the new grant, his Deferred Stock Unit balance stands at 78,338 units, all acquired at no cash cost and tied to service-based vesting.

Insights

Equity compensation analyst

Routine director equity grants and vesting; no open-market buying or selling.

Director Robert F. Leduc received 29,867 Deferred Stock Units and saw 22,094 Restricted Stock Units vest into common shares on March 10, 2026. Both awards are standard board compensation, delivered at a stated price of $0.00 per unit.

The DSUs vest over one year from a vesting commencement date of March 10, 2026, with settlement six months after Leduc leaves the board, while the RSUs vested one year after the March 10, 2025 grant. No shares were sold, gifted, or withheld for taxes in this filing, and no remaining unexercised derivatives are listed.

After these transactions, Leduc directly owns 36,124 common shares and 78,338 DSUs. Because these are compensation and vesting events without market purchases or sales, their informational value for short-term trading sentiment is limited, and they primarily show ongoing alignment through equity-based pay.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LEDUC ROBERT F

(Last) (First) (Middle)

JETBLUE AIRWAYS

27-01 QUEENS PLAZA NORTH

(Street)

LONG ISLAND CITY NY 11101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JETBLUE AIRWAYS CORP [ JBLU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		M		22,094	A	(1)	36,124	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(2)	03/10/2026		A		29,867		(3)	(3)	Common Stock	29,867	(2)	78,338	D
Restricted Stock Units	(1)	03/10/2026		M			22,094	(4)	(4)	Common Stock	22,094	(1)	0	D

Explanation of Responses:

1. Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.

2. This represents an award of deferred stock units, or DSUs. Each unit entitles the Reporting Person to one share of Issuer's common stock upon vesting; settlement of vested DSUs will occur six months following Reporting Person's departure from Issuer's Board of Directors. The annual DSU grant vests on the one year anniversary of the grant date.

3. The award subject to the DSUs are scheduled to vest over one year, measured from the vesting commencement date of March 10, 2026.

4. The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2025.

Remarks:

	/s/ Shannon Collins, as Attorney-in-Fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did JetBlue (JBLU) director Robert F. Leduc report?

Robert F. Leduc reported two equity-related transactions. He received a grant of 29,867 Deferred Stock Units and had 22,094 Restricted Stock Units convert into an equal number of JetBlue common shares as part of routine director compensation vesting.

Did Robert F. Leduc buy or sell JetBlue (JBLU) shares on the market in this Form 4?

He did not buy or sell shares on the open market. The filing only shows equity compensation events: a new grant of Deferred Stock Units and the vesting and conversion of previously granted Restricted Stock Units into common stock at no cash cost.

How many JetBlue (JBLU) shares and units does Robert F. Leduc hold after these transactions?

After these transactions, Leduc directly holds 36,124 shares of JetBlue common stock and 78,338 Deferred Stock Units. Each Deferred Stock Unit entitles him to receive one share of common stock upon vesting and later settlement, according to the award’s terms.

When do Robert F. Leduc’s JetBlue (JBLU) Deferred Stock Units and RSUs vest or settle?

The annual Deferred Stock Unit grant vests over one year from a vesting commencement date of March 10, 2026, and settles six months after Leduc leaves the board. The Restricted Stock Units vested on the one-year anniversary of their March 10, 2025 grant date.

What does the Form 4 reveal about JetBlue (JBLU) director compensation structure?

The Form 4 shows director compensation includes Deferred Stock Units and Restricted Stock Units. Each unit converts into one share of JetBlue common stock upon vesting, with DSUs settling after board service ends, aligning director incentives with long-term shareholder value through equity exposure.