STOCK TITAN

Galkins disclose 37.2M JetBlue shares (NYSE: JBLU) ownership

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

JetBlue Airways ownership update: Vladimir Galkin, Angelica Galkin and the Angelica Galkin Revocable Trust reported beneficial interests in JetBlue common stock. The filing shows 37,200,000 shares with shared voting and dispositive power reported for the Galkins and 35,200,000 shares held by the Trust. The filing bases percentages on 372,018,894 shares outstanding as of March 31, 2026, and notes a rounded percentage of 9.999% for the 37,200,000 share position and 9.5% for the Trust position.

Positive

  • None.

Negative

  • None.

Insights

Large near-10% stake disclosed by related parties; governance implications depend on coordination.

The filing reports shared voting and dispositive power over 37,200,000 shares and a Trust holding of 35,200,000. These holdings approach typical disclosure thresholds that trigger enhanced investor scrutiny of coordinated action.

Watch subsequent filings for any statements of intent, changes in % ownership, or proposals; timing and formal group statements determine practical governance impact.

Filing format and footnotes document joint power and rely on Form 10-Q outstanding share count.

The Schedule references the 372,018,894 shares outstanding figure from JetBlue's Form 10-Q for March 31, 2026, and includes footnotes explaining trust and joint ownership mechanics. The report treats the Reporting Persons as a potential "group."

Further filings (amendments or statements of purpose) would clarify whether any Section 13(d) actions or coordination exist; current disclosure is factual and procedural.

Galkins shared position 37,200,000 shares shared voting and dispositive power reported for Vladimir and Angelica Galkin
Trust holding 35,200,000 shares Angelica Galkin Revocable Trust shared voting and dispositive power
Shares outstanding 372,018,894 shares outstanding as of March 31, 2026 (Form 10-Q cited)
Reported percentage (37.2M) 9.999% rounded percent for 37,200,000 position based on March 31, 2026 outstanding
Reported percentage (Trust) 9.5% percent for 35,200,000 Trust holding based on March 31, 2026 outstanding
shared dispositive power regulatory
"Shared Dispositive Power 37,200,000.00"
Schedule 13D regulatory
"The percentage reported in this Schedule 13D is based on 372,018,894 shares"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Amount beneficially owned: Reference is made as to each of the Reporting Persons"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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477143101

(CUSIP Number)
05/03/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Includes 2,000,000 shares of Common Stock jointly owned by Vladimir Galkin and Angelica Galkin, husband and wife (the "Galkins"). (2) Vladimir Galkin also has shared voting power and dispositive power over 35,200,000 shares of Common Stock, which are held by the Angelica Galkin Revocable Trust, dated April 21, 2018 ("Galkin Revocable Trust"). Ms. Galkin is the sole trustee and beneficiary of the Galkin Revocable Trust. (3) If the Percent of the Class Represented by Amount in Row (11) is rounded to the nearest thousandth (3 decimals), the percentage amount is 9.999%. The percentage reported in this Schedule 13D is based on 372,018,894 shares of Common Stock of the Issuer outstanding as of March 31, 2026, as reported in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed by the Issuer with the Securities and Exchange Commission (the "SEC") on April 28, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Includes 2,000,000 shares of Common Stock jointly owned by Vladimir Galkin and Angelica Galkin, husband and wife (the "Galkins"). (2) Angelica Galkin also has shared voting power and dispositive power over 35,200,000 shares of Common Stock, which are held by the Galkin Revocable Trust. Ms. Galkin is the sole trustee and beneficiary of the Galkin Revocable Trust. (3) If the Percent of the Class Represented by Amount in Row (11) is rounded to the nearest thousands (3 decimals), the percentage amount is 9.999%. The percentage reported in this Schedule 13D is based on 372,018,894 shares of Common Stock of the Issuer outstanding as of March 31, 2026, as reported in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed by the Issuer with the Securities and Exchange Commission (the "SEC") on April 28, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Angelica Galkin is the sole trustee and beneficiary of the Galkin Revocable Trust. (2) Vladimir Galkin and Angelica Galkin have shared voting power and dispositive power over 35,200,000 shares of Common Stock, which are held by the Galkin Revocable Trust. (3) The percentage reported in this Schedule 13D is based on 372,018,894 shares of Common Stock of the Issuer outstanding as of March 31, 2026, as reported in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed by the Issuer with the Securities and Exchange Commission (the "SEC") on April 28, 2026.


SCHEDULE 13G



Galkin Vladimir
Signature:/s/ Vladimir Galkin
Name/Title:Individual
Date:05/05/2026
Galkin Angelica
Signature:/s/ Angelica Galkin
Name/Title:Individual
Date:05/05/2026
Angelica Galkin Revocable Trust, dated April 21, 2018
Signature:/s/ Angelica Galkin
Name/Title:Trustee
Date:05/05/2026

FAQ

What stake did the Galkins report in JetBlue (JBLU)?

They reported shared voting and dispositive power over 37,200,000 shares. This amount represents a reported 9.999% based on 372,018,894 shares outstanding as of March 31, 2026, per the filing.

How many JetBlue shares does the Angelica Galkin Revocable Trust hold?

The Trust is reported to hold 35,200,000 shares. The filing states this equals 9.5% of the 372,018,894 shares outstanding as of March 31, 2026.

Do the Galkins claim to be a voting group for JBLU?

The filing states the Reporting Persons "may be deemed a member of a 'group'" under Section 13(d)(3). It also includes a Joint Filing Agreement as an exhibit to document coordination.

What outstanding share count did the filing use to calculate percentages?

Percentages are based on 372,018,894 shares outstanding as of March 31, 2026, from JetBlue's Form 10-Q for that quarter, cited in the filing's footnotes.