JetBlue (JBLU) director awarded 29,867 DSUs, 22,094 RSUs convert to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JETBLUE AIRWAYS CORP director Steven D. Miller reported routine equity compensation activity. On March 10, 2026, he received an award of 29,867 Deferred Stock Units, each convertible into one share of common stock after vesting and six months after he leaves the Board. The DSU award is scheduled to vest over one year from March 10, 2026. On the same date, 22,094 Restricted Stock Units granted on March 10, 2025 vested and were converted into 22,094 shares of common stock at no cash exercise price. Following these transactions, Miller holds 59,483 Deferred Stock Units and 22,094 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,094 shares exercised/converted
Mixed
3 txns
Insider
Miller Steven D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 29,867 | $0.00 | -- |
| Exercise | Restricted Stock Units | 22,094 | $0.00 | -- |
| Exercise | Common Stock | 22,094 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 59,483 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 22,094 shares (Direct)
Footnotes (1)
- Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit. 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. The award subject to the DSUs are scheduled to vest over one year, measured from the vesting commencement date of March 10, 2026. The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2025.
FAQ
What insider transactions did JetBlue (JBLU) director Steven D. Miller report?
Steven D. Miller reported equity compensation transactions, including an award of 29,867 Deferred Stock Units and the vesting and conversion of 22,094 Restricted Stock Units into common shares, all dated March 10, 2026, with no cash exercise price involved.
How many Deferred Stock Units did Steven D. Miller receive from JetBlue (JBLU)?
He received an award of 29,867 Deferred Stock Units. Each DSU entitles him to one share of JetBlue common stock upon vesting, with settlement scheduled six months after he leaves the Board, and the award vesting over one year from March 10, 2026.
What happened to Steven D. Miller’s JetBlue (JBLU) Restricted Stock Units?
On March 10, 2026, 22,094 Restricted Stock Units granted on March 10, 2025 vested and were converted into 22,094 shares of JetBlue common stock at a conversion price of $0.00 per share, reflecting standard equity compensation rather than an open-market purchase.
Are Steven D. Miller’s JetBlue (JBLU) transactions open-market buys or sales?
The transactions are not open-market buys or sales. They are equity compensation events: a grant of Deferred Stock Units and the vesting and conversion of Restricted Stock Units into common shares, both recorded at a $0.00 per-share transaction price.
When do Steven D. Miller’s JetBlue (JBLU) Deferred Stock Units vest and settle?
The Deferred Stock Units vest over one year from the vesting commencement date of March 10, 2026. Once vested, they will settle into common shares six months after Steven D. Miller departs from JetBlue’s Board of Directors, according to the footnotes.