JetBlue director granted DSUs, RSUs convert to shares

JETBLUE AIRWAYS CORP director Steven D. Miller reported routine equity compensation activity.

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.

Insider Trade Summary

22,094 shares exercised/converted

Exercise 3 txns

Insider Miller Steven D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	29,867	$0.00	$0.00
Exercise	Restricted Stock Units	22,094	$0.00	$0.00
Exercise	Common Stock	22,094	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 59,483 contracts (Direct); Restricted Stock Units — 0 contracts (Direct); Common Stock — 22,094 shares (Direct)

Footnotes (4)

1. F1. Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
2. F2. 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. F3. The award subject to the DSUs are scheduled to vest over one year, measured from the vesting commencement date of March 10, 2026.
4. F4. The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many JetBlue (JBLU) shares and units does Steven D. Miller hold after these transactions?

After the reported transactions, Steven D. Miller holds 59,483 Deferred Stock Units and 22,094 shares of JetBlue common stock, all listed as direct holdings, showing the equity position he retains following the grant and RSU vesting events.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/12/2026 - 09:25 PM Learn about SEC filing dates

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
Estimated average burden
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^*

Miller Steven D

(Last) (First) (Middle)

C/O 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)	22,094	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)	59,483	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, 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.