JBT MAREL exec reports equity grants, tax share disposals
JBT MAREL Corp executive Luiz Augusto Rizzolo reported routine equity award activity.
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Rhea-AI Filing Summary
JBT MAREL Corp executive Luiz Augusto Rizzolo reported routine equity award activity. On February 25, he acquired a total of 6,021 shares of Common Stock through grants and PSU settlement, and simultaneously disposed of 2,075 shares to cover tax obligations. On February 26, an additional 261 shares were disposed for tax withholding, leaving him with 9,183 directly held shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 261 | $157.62 | $41K |
| Grant/Award | Common Stock | 4,235 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,075 | $163.40 | $339K |
| Grant/Award | Common Stock | 1,786 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported securities represent shares of Common Stock received in settlement of PSUs originally granted on February 22, 2023.
- F2. The reported securities represent time-based RSUs that will settle in one-for-one in shares of Common Stock and vest ratably over a three-year period, subject to the Reporting Person's continued service through each such date.
FAQ
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What insider transactions did JBTM executive Luiz Augusto Rizzolo report?
What do the JBTM PSU and RSU footnotes in the Form 4 mean?
Is the JBTM insider activity an open-market purchase or sale?
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