JBT Marel director awarded 1,232 RSUs
Gudmundsson Olafur S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Gudmundsson Olafur S reported acquisition or exercise transactions in this Form 4 filing.
JBT MAREL Corp director Olafur S. Gudmundsson reported an equity award consisting of 1,232 restricted stock units (RSUs). These RSUs will settle one-for-one in shares of Common Stock on June 1, 2027, subject to his continued service through that date.
After this award, he holds 11,212 shares of Common Stock directly. The filing also reports additional Common Stock held indirectly through Noruz ehf and related entities, where Gudmundsson’s economic interest is limited and large portions are held for the benefit of his spouse and children.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,232 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The reported securities represent RSUs that will settle one-for-one in shares of Common Stock on June 1, 2027, subject to the Reporting Person's continued service through such date.
- F2. Reflects shares directly held by Noruz ehf. Noruz ehf. is wholly owned by Noruz US Holdings, Inc., which is wholly owned by Noruz Holdings LLC, in which the Reporting Person owns 1 percent of the membership interest and an irrevocable family trust (the "Trust") owns 99 percent. The assets of the Trust are held for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is a trustee of the Trust. The Reporting Person claims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Key Terms
RSUs financial
pecuniary interest financial
beneficial ownership financial
indirect ownership financial
FAQ
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What insider transaction did JBTM director Olafur S. Gudmundsson report?
What indirect JBTM holdings are reported through Noruz ehf for Olafur S. Gudmundsson?
Was the JBTM Form 4 a market buy or sell by Olafur S. Gudmundsson?
AI-generated analysis. How Rhea-AI works. Not financial advice.