JBT MAREL Corp (JBTM) awards EVP 1,722 time-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JBT MAREL Corp reported that EVP & General Counsel James C. Pelletier acquired 1,722 shares of Common Stock through a grant of time-based restricted stock units. These RSUs settle one-for-one in Common Stock and vest ratably over three years, subject to his continued service. Following this award, he directly holds 3,801 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pelletier James C
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,722 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,801 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did JBT MAREL Corp (JBTM) report for James C. Pelletier?
JBT MAREL Corp reported that EVP & General Counsel James C. Pelletier acquired 1,722 shares of Common Stock through a grant of time-based RSUs. These units represent equity-based compensation rather than an open-market stock purchase.
What are the terms of the 1,722 RSUs granted to JBTM executive James C. Pelletier?
The 1,722 RSUs granted to James C. Pelletier are time-based units that will settle one-for-one in JBT MAREL Corp Common Stock. They vest ratably over a three-year period, contingent on his continued service through each applicable vesting date.
What role does James C. Pelletier hold at JBT MAREL Corp (JBTM)?
James C. Pelletier serves as Executive Vice President and General Counsel at JBT MAREL Corp. The reported Form 4 transaction reflects an equity award linked to his executive role, consisting of 1,722 time-based restricted stock units settling in Common Stock.
How do the RSUs granted to JBTM executive James C. Pelletier vest over time?
The RSUs granted to James C. Pelletier vest ratably over three years, meaning portions vest in equal installments each year. Vesting is conditioned on his continued service with JBT MAREL Corp through each scheduled vesting date specified in the award terms.