JetBlue CEO equity awards vest, holds 590K shares
JETBLUE AIRWAYS CORP CEO Joanna Geraghty reported equity awards vesting and related tax withholding transactions.
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Rhea-AI Filing Summary
JETBLUE AIRWAYS CORP CEO Joanna Geraghty reported equity awards vesting and related tax withholding transactions. She exercised 70,722 restricted stock units into common shares and also received 61,881 common shares from performance stock units that vested based on performance goals.
To cover tax obligations on these vestings, 39,110 shares and 34,221 shares of common stock were automatically withheld and returned to JetBlue under company policy, rather than being sold on the open market. After these non‑market transactions, she directly holds 590,501 shares of JetBlue common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 70,722 | $0.00 | $0.00 |
| Exercise | Common Stock | 70,722 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 39,110 | $4.93 | $193K |
| Exercise | Common Stock | 61,881 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 34,221 | $4.93 | $169K |
Footnotes (4)
- F1. Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
- F2. 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.
- F3. 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.
- F4. 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
Key Terms
Restricted Stock Units financial
Performance Stock Units financial
tax obligations financial
withheld and returned financial
vesting commencement date financial
FAQ
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What insider transactions did JetBlue (JBLU) CEO Joanna Geraghty report?
Were any of Joanna Geraghty’s JetBlue (JBLU) transactions open-market sales?
How are JetBlue (JBLU) restricted stock units structured for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.