JBT MAREL (JBTM) EVP reports stock awards and tax share disposals
Rhea-AI Filing Summary
JBT MAREL Corp EVP & Pres. Meat/Prepared Food Robert James Petrie reported a mix of equity awards and related tax transactions in company common stock. On February 25, 2026, he acquired 4,659 shares and 2,041 shares at $0.00 per share as grant or award acquisitions. Footnotes state these include shares received from performance stock units granted on February 22, 2023 and time-based restricted stock units that vest ratably over three years.
To cover tax liabilities, he disposed of 2,516 shares at $163.40 per share on February 25, 2026 and 373 shares at $157.62 per share on February 26, 2026 through tax-withholding dispositions rather than open-market sales. Following these transactions, his reported direct holdings were in the low‑ to mid‑teens thousands of shares after each step.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 373 | $157.62 | $59K |
| Grant/Award | Common Stock | 4,659 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,516 | $163.40 | $411K |
| Grant/Award | Common Stock | 2,041 | $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
What insider transactions did JBTM EVP Robert James Petrie report?
Were the JBTM insider transactions open-market buys or sells?
What do the JBTM Form 4 footnotes reveal about the awards?
How did these JBTM transactions affect Petrie’s reported holdings?
What transaction codes appear in the JBTM Form 4 for Petrie?
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