JetBlue (NASDAQ: JBLU) tech chief gets shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JetBlue Airways Chief Digital & Tech Officer Carol Ann Clements reported routine equity compensation activity tied to vesting of stock awards. On April 10, 2026, restricted stock units representing 35,361 shares of common stock vested, and she received an equal number of shares. Performance stock units granted on April 11, 2023 also vested based on performance goals, resulting in an additional 24,752 common shares issued.
To satisfy tax obligations at a market price of $4.93 per share, a total of 33,243 shares was automatically withheld and returned to JetBlue in accordance with company policy for RSU vesting in the United States. After these transactions, Clements directly holds 185,896 shares of JetBlue common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
35,361 shares exercised/converted
Mixed
5 txns
Insider
Clements Carol Ann
Role
Chief Digital & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 35,361 | $0.00 | -- |
| Exercise | Common Stock | 35,361 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,555 | $4.93 | $96K |
| Exercise | Common Stock | 24,752 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,688 | $4.93 | $67K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 194,387 shares (Direct)
Footnotes (1)
- Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit. These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States. Represents shares of common stock issued to the Reporting Person upon vesting of Performance Stock Units (PSUs) granted on April 11, 2023, based on achievement of applicable performance goals over a three-year period ending December 31, 2025. The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of April 11, 2023.
Key Figures
RSU shares vested: 35,361 shares
PSU shares vested: 24,752 shares
Shares withheld for taxes: 33,243 shares
+2 more
5 metrics
RSU shares vested
35,361 shares
Restricted Stock Units converting to common stock on April 10, 2026
PSU shares vested
24,752 shares
Common shares issued from Performance Stock Units granted April 11, 2023
Shares withheld for taxes
33,243 shares
Automatically withheld and returned to JetBlue to cover tax obligations
Tax withholding price
$4.93 per share
Price used for shares withheld on April 10, 2026
Post-transaction holdings
185,896 shares
JetBlue common stock directly owned after all reported transactions
Key Terms
Restricted Stock Units, Performance Stock Units (PSUs), tax obligations, vesting
4 terms
Restricted Stock Units financial
"Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units (PSUs) financial
"Represents shares of common stock issued to the Reporting Person upon vesting of Performance Stock Units (PSUs) granted on April 11, 2023..."
Performance stock units (PSUs) are a form of executive or employee pay that promise company shares only if pre-set performance goals are met over a defined period; think of them as a bonus paid in stock that arrives only when the company hits agreed targets. Investors watch PSUs because they affect the number of shares outstanding (dilution) and reveal how management’s pay is tied to financial or operational results, aligning incentives with shareholder outcomes.
tax obligations financial
"These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting..."
vesting financial
"The restricted stock units vest in equal annual installments over a three year period..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did JetBlue (JBLU) executive Carol Ann Clements report in this Form 4?
She reported vesting of stock awards that converted into JetBlue common shares. The filing shows RSUs and PSUs vesting into 60,113 shares, with some shares withheld to cover tax obligations.
What are the performance stock units mentioned in the JetBlue (JBLU) Form 4?
Performance stock units are awards that convert into shares only if performance goals are met. PSUs granted on April 11, 2023 vested based on goals through December 31, 2025, issuing 24,752 JetBlue common shares.