JCI executive exercises options, sells 88809 shares
Johnson Controls International plc executive Lei Zhang Schlitz, VP & President, Global Products & Solutions, reported an option exercise-and-sell transaction.
Rhea-AI Filing Summary
Johnson Controls International plc executive Lei Zhang Schlitz, VP & President, Global Products & Solutions, reported an option exercise-and-sell transaction. She exercised employee stock options for 62771 ordinary shares at exercise prices of $53.52 and $66.77 per share, then sold 88809 ordinary shares in open-market trades at weighted average prices around $140–$142 on May 8, 2026. Following these transactions, she holds 57059.12 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Schlitz Lei Zhang
Role
VP & Pres, GP & Solutions
Sold
88,809 shs ($12.52M)
Approx. gross sale proceeds
$12.52M
Approx. exercise cost
$3.86M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 37,753 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) | 25,018 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 37,753 | $66.77 | $2.52M |
| Exercise | Ordinary Shares | 25,018 | $53.52 | $1.34M |
| Sale | Ordinary Shares | 48,070 | $141.07 | $6.78M |
| Sale | Ordinary Shares | 14,701 | $141.55 | $2.08M |
| Sale | Ordinary Shares | 25,138 | $140.51 | $3.53M |
| Sale | Ordinary Shares | 900 | $141.27 | $127K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 25,018 contracts (Direct);
Ordinary Shares — 57,059.12 shares (Direct)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $140.39 to $141.38 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $141.39 to $142.05 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $140.15 to $141.13 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $141.24 to $141.37 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 88809 shares
Options exercised (total shares): 62771 shares
Exercise price 1: $53.52/share
+4 more
7 metrics
Shares sold
88809 shares
Ordinary shares sold in open-market transactions on May 8, 2026
Options exercised (total shares)
62771 shares
Ordinary shares acquired via option exercises on May 8, 2026
Exercise price 1
$53.52/share
Employee stock option for 25018 underlying ordinary shares
Exercise price 2
$66.77/share
Employee stock option for 37753 underlying ordinary shares
Post-transaction holdings
57059.12 shares
Ordinary shares held directly after transactions
Sale price example
$141.27/share
Weighted average price for a 900-share sale
Largest single sale block
48070 shares
Ordinary shares sold at weighted average price of $141.07/share
Key Terms
open-market sale, Employee Stock Option (Right to Buy), derivative security, weighted average price
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did JCI executive Lei Zhang Schlitz report on this Form 4?
Lei Zhang Schlitz reported exercising stock options and selling JCI ordinary shares. She exercised options for 62771 shares, then sold 88809 shares in open-market trades on May 8, 2026, as disclosed in the Form 4 filing.
At what prices did Lei Zhang Schlitz exercise her JCI stock options?
She exercised employee stock options to acquire 25018 JCI shares at $53.52 per share and 37753 shares at $66.77 per share. These exercises converted derivative securities into ordinary shares on May 8, 2026, as shown in the Form 4.
Were Lei Zhang Schlitz’s JCI sales made in the open market or as private transfers?
The Form 4 characterizes the transactions with code S as sales in the open market or private transactions. The filing specifically describes them as open-market sales, executed at various prices within disclosed ranges on May 8, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
