Johnson Controls (JCI) VP reports 1,087 RSUs and 4,156 options in Form 4 filing
Rhea-AI Filing Summary
Johnson Controls International (JCI) executive VP Chief Accounting & Tax Officer reported new equity awards and updated share holdings. On December 1, 2025, the officer acquired 1,087 restricted share units, which are scheduled to vest in three equal installments on December 7, 2026, December 7, 2027 and December 7, 2028, and convert into ordinary shares at vesting while accruing dividend equivalents. The same day, the officer was granted 4,156 employee stock options with an exercise price of $114.94 per ordinary share, with half becoming exercisable on December 7, 2027 and the other half on December 7, 2028, and an expiration date of December 1, 2035. Following these transactions, the officer reports 26,182.91 ordinary shares held directly and 2,649.74 ordinary shares held indirectly through a 401(k) plan trustee.
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FAQ
What insider transaction did Johnson Controls (JCI) report in this Form 4?
The VP Chief Accounting & Tax Officer reported receiving 1,087 restricted share units and 4,156 employee stock options on December 1, 2025, along with updated ordinary share holdings.
What are the vesting terms of the 1,087 restricted share units at Johnson Controls (JCI)?
The 1,087 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 while accruing dividend equivalent units.
What are the key terms of the 4,156 employee stock options granted by Johnson Controls (JCI)?
The grant covers 4,156 employee stock options with an exercise price of $114.94 per ordinary share. Subject to acceleration and forfeiture provisions, 50% become exercisable on December 7, 2027 and the remaining 50% on December 7, 2028, with an expiration date of December 1, 2035.
How many Johnson Controls (JCI) ordinary shares does the reporting officer own after these transactions?
After the reported transactions, the officer reports 26,182.91 ordinary shares held directly and 2,649.74 ordinary shares held indirectly through a 401(k) plan trustee.
At what price were the new Johnson Controls (JCI) stock options granted?
The employee stock options were granted with an exercise price of
Do the Johnson Controls (JCI) restricted share units pay dividends before vesting?
The restricted share units accrue dividend equivalent units, which means additional units are credited based on dividends, and all convert to ordinary shares when the units vest.