Johnson Controls (JCI) VP and President, Americas reports RSU and 14,341-share option grant
Rhea-AI Filing Summary
Johnson Controls International (JCI) executive receives equity awards. A company officer, listed as VP and President, Americas, reported an acquisition of 3,751 restricted share units, which were recorded at a price of $0. Following this transaction, the reporting person held 43,683.62 ordinary shares directly and 1,345.46 ordinary shares indirectly through a 401(k) plan trustee.
The filing also shows a grant of an employee stock option covering 14,341 ordinary shares at an exercise price of $114.94 per share. Subject to acceleration and forfeiture provisions, half of these options become exercisable on December 7, 2027, and the remaining half on December 7, 2028, with an expiration date of December 1, 2035. The restricted share units vest in three equal installments on December 7, 2026, December 7, 2027, and December 7, 2028, and convert into ordinary shares upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 14,341 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 3,751 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Reflects grant of restricted share units that, subject to certain acceleration and forfeiture provisions, vest in three equal installments on each of December 7, 2026, December 7, 2027 and December 7, 2028. Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting. Subject to certain acceleration and forfeiture provisions, fifty percent of the options become exercisable on December 7, 2027 and the remaining fifty percent become exercisable on December 7, 2028.
FAQ
What insider transaction did JCI report on this Form 4?
The Form 4 reports that a Johnson Controls International VP and President, Americas acquired 3,751 restricted share units and received an employee stock option for 14,341 ordinary shares at an exercise price of $114.94 per share.
When do the Johnson Controls (JCI) stock options reported on this Form 4 become exercisable?
Subject to acceleration and forfeiture provisions, 50% of the stock options for 14,341 ordinary shares become exercisable on December 7, 2027, and the remaining 50% on December 7, 2028. The options expire on December 1, 2035.
What is the exercise price of the JCI employee stock options granted to the insider?
The employee stock option reported in the filing has an exercise price of $114.94 per ordinary share, covering 14,341 ordinary shares of Johnson Controls International.
What role does the reporting person hold at Johnson Controls International (JCI)?
The reporting person is identified as an officer of Johnson Controls International, serving as VP and President, Americas.