JetBlue (JBLU) accounting chief gets 68,584 RSUs and nets new shares

Rhea-AI Filing Summary

JetBlue Airways’ Principal Accounting Officer Dawn Southerton reported equity compensation activity. She received a grant of 68,584 restricted stock units (RSUs) on March 10, 2026, which vest in equal annual installments over three years from the grant date.

On the same date, 10,229 RSUs vested and were converted into 10,229 shares of common stock. Of these shares, 3,688 were automatically withheld and returned to JetBlue at a price of $4.52 per share to cover tax obligations under company policy. After these transactions, she directly held 18,193 shares of common stock.

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^*

Southerton Dawn

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Principal Accounting Officer

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		10,229	A	(1)	21,881	D
Common Stock	03/10/2026		F		3,688(2)	D	$4.52	18,193	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
Restricted Stock Units	(1)	03/10/2026		A		68,584		(3)	(3)	Common Stock	68,584	(1)	68,584	D
Restricted Stock Units	(1)	03/10/2026		M			10,229	(4)	(4)	Common Stock	10,229	(1)	20,458	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. 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.

3. Represents restricted stock units granted on March 10, 2026, which vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.

4. The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement 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 equity award did JetBlue (JBLU) grant to Dawn Southerton?

JetBlue granted Dawn Southerton 68,584 restricted stock units (RSUs). The award was made on March 10, 2026 and vests in equal annual installments over three years, aligning her compensation with the company’s long-term performance.

How do the new JetBlue (JBLU) RSUs for Dawn Southerton vest?

The 68,584 RSUs vest in three equal annual installments. Vesting occurs on each of the three anniversaries of the March 10, 2026 grant date, providing a multi-year incentive for continued service and alignment with shareholder interests.

What RSU vesting and share conversion did JetBlue (JBLU) report for Dawn Southerton?

10,229 RSUs vested and converted into 10,229 common shares. This conversion occurred on March 10, 2026, reflecting previously granted RSUs maturing into JetBlue common stock as part of her ongoing equity compensation.

Why were 3,688 JetBlue (JBLU) shares withheld from Dawn Southerton?

3,688 shares were withheld to cover tax obligations on RSU vesting. These shares were automatically returned to JetBlue at $4.52 per share under company policy for U.S. employees when RSUs vest and become taxable.

How many JetBlue (JBLU) common shares does Dawn Southerton hold after these transactions?

Dawn Southerton directly holds 18,193 JetBlue common shares after the transactions. This figure reflects the RSU conversion into stock on March 10, 2026, net of the 3,688 shares withheld and returned to the company for taxes.

Are Dawn Southerton’s JetBlue (JBLU) transactions open‑market buys or sells?

No, the reported transactions are compensation-related, not open‑market trades. They include an RSU grant, RSU vesting and conversion into common stock, and automatic share withholding to satisfy tax liabilities, rather than discretionary buying or selling in the market.