Director Sean Menke acquires JetBlue (JBLU) DSUs and common stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JetBlue Airways director Sean E. Menke reported equity compensation awards and a conversion of units into common stock. On March 10, 2026, he received a grant of 29,867 Deferred Stock Units (DSUs), each entitling him to one share of common stock upon vesting and later settlement. The DSU award is scheduled to vest over one year from the vesting commencement date of March 10, 2026, with settlement of vested DSUs occurring six months after his departure from the Board. On the same date, 22,094 Restricted Stock Units vested and were exercised, resulting in 22,094 shares of common stock held directly. Following these transactions, he held 34,496 DSUs and 22,094 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,094 shares exercised/converted
Mixed
3 txns
Insider
MENKE SEAN E
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 — 34,496 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 Sean E. Menke report for JetBlue (JBLU)?
Sean E. Menke reported receiving 29,867 Deferred Stock Units and the vesting and exercise of 22,094 Restricted Stock Units into 22,094 shares of JetBlue common stock. All transactions occurred on March 10, 2026, and reflect equity compensation rather than open-market purchases or sales.
How many Deferred Stock Units did Sean E. Menke receive from JetBlue (JBLU)?
He received an award of 29,867 Deferred Stock Units, or DSUs. Each DSU entitles him to one share of JetBlue common stock upon vesting. The annual DSU grant vests over one year from the March 10, 2026 vesting commencement date, with settlement after his Board departure.
What happened to Sean E. Menke’s Restricted Stock Units at JetBlue (JBLU)?
On March 10, 2026, 22,094 Restricted Stock Units vested and were exercised, converting into 22,094 shares of JetBlue common stock. These director RSUs vested on the one-year anniversary of the March 10, 2025 grant date, increasing his directly held common shares.
When will Sean E. Menke’s JetBlue Deferred Stock Units (DSUs) settle?
Each vested DSU entitles him to one share of JetBlue common stock, with settlement scheduled six months after he leaves the Board of Directors. The DSU award vests over one year from March 10, 2026, and settlement occurs only following Board departure.
What are Sean E. Menke’s JetBlue (JBLU) holdings after the reported Form 4 transactions?
After the March 10, 2026 transactions, he held 34,496 Deferred Stock Units and 22,094 shares of JetBlue common stock directly. The DSUs represent future settlement rights in shares once vested and subject to the post-departure settlement schedule described in the footnotes.
Are Sean E. Menke’s JetBlue (JBLU) Form 4 transactions open-market trades?
No, the reported transactions are equity compensation events, not open-market trades. They include a grant of 29,867 Deferred Stock Units and the vesting and exercise of 22,094 Restricted Stock Units into common stock, all at a stated price per unit of $0.00.