JetBlue (JBLU) director Jesse Lynn receives stock units and shares

Rhea-AI Filing Summary

JetBlue Airways director Jesse Lynn reported equity compensation activity, not open-market trading. Lynn received a grant of 29,867 Deferred Stock Units, each convertible into one share of JetBlue common stock after vesting and eventual settlement following departure from the board.

Lynn also exercised 22,094 Restricted Stock Units that vested on the one-year anniversary of their March 10, 2025 grant, receiving 22,094 shares of common stock at no cash exercise price. After these transactions, Lynn directly holds 22,094 common shares and 59,483 deferred stock units.

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

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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^*

LYNN JESSE

(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, 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 Jesse Lynn report?

Jesse Lynn reported equity awards rather than open-market trades. He received 29,867 Deferred Stock Units and converted 22,094 Restricted Stock Units into 22,094 JetBlue common shares at no cost, reflecting routine director compensation and vesting activity disclosed in the Form 4.

Did Jesse Lynn buy or sell JetBlue (JBLU) shares on the market?

No, the Form 4 shows no open-market buying or selling. Activity consists of stock-based compensation: a 29,867-unit Deferred Stock Unit grant and the vesting and conversion of 22,094 Restricted Stock Units into common stock at a zero exercise price.

How many JetBlue (JBLU) shares does Jesse Lynn hold after these transactions?

After the reported transactions, Jesse Lynn directly holds 22,094 shares of JetBlue common stock and 59,483 Deferred Stock Units. Each deferred unit entitles him to one JetBlue share when it ultimately settles, according to the vesting and settlement terms described in the filing footnotes.

What are the terms of Jesse Lynn’s Deferred Stock Units at JetBlue (JBLU)?

The Deferred Stock Units are scheduled to vest over one year from March 10, 2026. Each unit converts into one JetBlue common share upon vesting, and settlement of vested DSUs occurs six months after Lynn leaves the JetBlue board, according to the disclosed award terms.

When did Jesse Lynn’s JetBlue (JBLU) Restricted Stock Units vest?

The director Restricted Stock Units vested on the one-year anniversary of their March 10, 2025 grant date. Upon vesting, each unit entitled Jesse Lynn to receive one share of JetBlue common stock, resulting in 22,094 shares acquired at a stated price of zero.