Director at Johnson Controls (NYSE: JCI) receives RSU grant and surrenders shares for taxes
Rhea-AI Filing Summary
Johnson Controls International plc director Pierre E. Cohade reported equity-related transactions in company ordinary shares. On March 4, 2026, he acquired 1,285 ordinary shares through a grant of restricted share units at $0.00 per share, increasing his equity stake.
On the same date, 1,115 ordinary shares were disposed of at $140.00 per share to cover tax liabilities through share withholding, rather than an open-market sale. After these transactions, Cohade directly owned 14,074.67 ordinary shares. The restricted share units accrue dividend equivalents and convert into ordinary shares upon vesting.
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Insights
Routine director equity grant with tax withholding via share disposition.
The activity centers on a grant of 1,285 restricted share units to director Pierre E. Cohade, recorded as an acquisition at $0.00 per share. This is typical non-cash equity compensation that increases his alignment with Johnson Controls International plc shareholders.
A separate disposition of 1,115 ordinary shares at $140.00 per share is coded as tax-withholding, meaning shares were surrendered to satisfy tax obligations rather than sold in the open market. After these entries, his direct holdings total 14,074.67 ordinary shares, with future impact tied mainly to RSU vesting mechanics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,285 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 1,115 | $140.00 | $156K |
Footnotes (1)
- F1. Reflects grant of restricted share units. Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting.
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