Equity award for JBT MAREL (JBTM) EVP includes RSUs and tax share withholding
Rhea-AI Filing Summary
JBT MAREL Corp executive Roger Claessens reported a mix of equity award activity and tax-related share withholding. On February 25, he acquired 1,786 shares of Common Stock through a time-based restricted stock unit (RSU) grant at no purchase price, increasing his direct holdings to 3,413 shares. The RSUs settle one-for-one in Common Stock and vest ratably over three years, contingent on his continued service. On February 26, 304 shares were disposed of at $157.62 per share to cover tax obligations associated with the award, leaving him with 3,109 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,482 shares
Net Buy
2 txns
Insider
Claessens Roger
Role
EVP, President Poultry
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 304 | $157.62 | $48K |
| Grant/Award | Common Stock | 1,786 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 3,109 shares (Direct)
Footnotes (1)
- F1. 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
What insider transactions did JBTM executive Roger Claessens report?
Roger Claessens reported an RSU equity award and a related tax withholding. He received 1,786 time-based RSUs that settle in Common Stock, then had 304 shares withheld the next day to satisfy tax obligations tied to that award.
What is the vesting schedule of Roger Claessens’ new JBTM RSUs?
The reported time-based RSUs vest ratably over three years. Settlement occurs on a one-for-one basis in shares of Common Stock, and vesting is conditioned on Roger Claessens’ continued service through each applicable vesting date.
What do the RSUs reported by JBTM’s Roger Claessens represent?
The RSUs represent a time-based equity award that converts into Common Stock. Each RSU will settle into one share of JBT MAREL Corp Common Stock, with vesting over three years, subject to his continued service with the company during that period.
AI-generated analysis. How Rhea-AI works. Not financial advice.