JetBlue (JBLU) tech chief’s RSUs vest as shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JetBlue Airways’ Chief Digital & Tech Officer Carol Ann Clements reported RSU vesting and related share movements. On February 20, 2026, 31,421 restricted stock units were exercised and converted into 31,421 shares of common stock at a stated price of $0.00 per share. Of these, 13,496 shares of common stock were automatically withheld and returned to JetBlue at $5.91 per share to cover tax obligations upon RSU vesting, consistent with company policy. After these transactions, Clements directly owned 137,043 shares of JetBlue common stock. The restricted stock units vest in equal annual installments over a three-year period from a vesting commencement date of February 22, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,421 shares exercised/converted
Mixed
3 txns
Insider
Clements Carol Ann
Role
Chief Digital & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 31,421 | $0.00 | -- |
| Exercise | Common Stock | 31,421 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,496 | $5.91 | $80K |
Holdings After Transaction:
Restricted Stock Units — 31,421 shares (Direct);
Common Stock — 150,539 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. The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 22, 2024.
FAQ
What insider transactions did JetBlue (JBLU) report for Carol Ann Clements?
JetBlue reported that Chief Digital & Tech Officer Carol Ann Clements had 31,421 restricted stock units vest and convert into 31,421 common shares. Of these, 13,496 shares were automatically withheld and returned to JetBlue to satisfy tax obligations related to the RSU vesting.
How do Carol Ann Clements’ JetBlue (JBLU) restricted stock units vest over time?
Carol Ann Clements’ restricted stock units vest in equal annual installments over a three-year period. The vesting schedule is measured from a vesting commencement date of February 22, 2024, with each vested RSU entitling her to receive one share of JetBlue common stock.