JBT MAREL (JBTM) EVP uses 343 shares for tax-withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JBT MAREL Corp executive Luiz Augusto Rizzolo reported a tax-related share disposition. On this Form 4, he transferred 343 shares of common stock at $154 per share as a tax-withholding disposition, a non-open-market transaction. After this, he directly holds 8,840 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rizzolo Luiz Augusto
Role
EVP & Pres., Regions & Int.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 343 | $154.00 | $53K |
Holdings After Transaction:
Common Stock — 8,840 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did JBTM executive Luiz Augusto Rizzolo report?
Luiz Augusto Rizzolo reported a tax-related share disposition. He delivered 343 shares of JBT MAREL Corp common stock to cover tax obligations, a non-open-market transaction coded “F,” and retained direct ownership of 8,840 shares after the transaction.
Was the JBTM insider transaction an open-market sale or tax withholding?
The JBTM insider transaction was tax withholding, not an open-market sale. It is coded “F,” indicating payment of tax liability by delivering securities, and is described as a tax-withholding disposition of 343 common shares at $154 per share.
What is the role of Luiz Augusto Rizzolo at JBT MAREL Corp?
Luiz Augusto Rizzolo serves as EVP & President, Regions & International at JBT MAREL Corp. His position is identified in the insider filing, which reports his tax-withholding disposition of 343 common shares and his remaining direct ownership of 8,840 shares.
What does transaction code “F” mean in the JBTM Form 4?
Transaction code “F” means shares were delivered to pay taxes or exercise costs. In this JBTM Form 4, it reflects a tax-withholding disposition, where 343 common shares at $154 per share were used to satisfy tax liability rather than sold on the market.