JetBlue (JBLU) General Counsel acquires 411 shares in discounted stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JETBLUE AIRWAYS CORP General Counsel Eileen P. McCarthy increased her holdings through a company stock purchase plan. She acquired 411 shares of JetBlue common stock on April 30, 2026 at a price of $4.11 per share, reflecting a discount under the JetBlue Crewmember Stock Purchase Plan. After this transaction, she directly holds 36,103 shares of JetBlue stock. The filing notes that this purchase is exempt under Rule 16b-3(c), indicating it is a routine, compensation-related acquisition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Eileen P
Role
General Counsel Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 411 | $4.11 | $2K |
Holdings After Transaction:
Common Stock — 36,103 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 411 shares
Purchase price: $4.11 per share
Post-transaction holdings: 36,103 shares
3 metrics
Shares acquired
411 shares
JetBlue Crewmember Stock Purchase Plan on April 30, 2026
Purchase price
$4.11 per share
Plan purchase price reflecting discount
Post-transaction holdings
36,103 shares
Direct ownership after acquisition
Key Terms
JetBlue Crewmember Stock Purchase Plan, Rule 16b-3(c), Grant, award, or other acquisition
3 terms
JetBlue Crewmember Stock Purchase Plan financial
"purchase of 411 shares through the JetBlue Crewmember Stock Purchase Plan at a price of $4.11"
Rule 16b-3(c) regulatory
"This transaction is exempt under Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did JetBlue (JBLU) executive Eileen McCarthy report in this Form 4?
Eileen P. McCarthy reported acquiring 411 shares of JetBlue common stock. The shares were purchased through the JetBlue Crewmember Stock Purchase Plan at $4.11 per share, reflecting a plan discount and treated as a routine, compensation-related transaction exempt under Rule 16b-3(c).
Was the JetBlue (JBLU) Form 4 transaction an open-market purchase?
No, the transaction was not an open-market purchase. The filing states the 411 shares were acquired through the JetBlue Crewmember Stock Purchase Plan at $4.11 per share, reflecting a plan discount, and the transaction is described as exempt under Rule 16b-3(c) rather than a standard market trade.
What is the nature of the JetBlue (JBLU) stock plan mentioned in Eileen McCarthy’s Form 4?
The filing references the JetBlue Crewmember Stock Purchase Plan. Under this plan, McCarthy purchased 411 shares at $4.11 per share, reflecting a plan discount. The transaction is characterized as exempt under Rule 16b-3(c), highlighting its compensation-related, programmatic nature.