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Director at Johnson Controls (NYSE: JCI) receives RSU grant and surrenders shares for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cohade Pierre E

(Last) (First) (Middle)
5757 N GREEN BAY AVE

(Street)
MILWAUKEE WI 53209

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Johnson Controls International plc [ JCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares(1) 03/04/2026 A(1) 1,285 A $0 15,189.67 D
Ordinary Shares 03/04/2026 F 1,115 D $140 14,074.67 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects grant of restricted share units. Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting.
/s/ Richard Dancy, attorney-in-fact 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did JCI director Pierre E. Cohade report on this Form 4?

Pierre E. Cohade reported receiving 1,285 Johnson Controls International ordinary shares via a restricted share unit grant and a related disposition of 1,115 shares for tax withholding. After these transactions, his direct holdings totaled 14,074.67 ordinary shares in the company.

Was the Johnson Controls International (JCI) insider transaction a stock sale or tax withholding?

The 1,115 JCI ordinary shares were disposed of as tax withholding, not an open-market stock sale. The transaction, coded “F,” reflects payment of tax liability by delivering securities following an equity award rather than a discretionary sale into the market.

How many Johnson Controls International (JCI) shares does Pierre E. Cohade own after the Form 4?

After the reported Form 4 transactions, Pierre E. Cohade directly owns 14,074.67 ordinary shares of Johnson Controls International. This figure reflects the 1,285-share restricted share unit grant and the 1,115-share tax-withholding disposition recorded on March 4, 2026.

What type of equity award did JCI grant to director Pierre E. Cohade?

Johnson Controls International granted Pierre E. Cohade restricted share units representing 1,285 ordinary shares at no cash cost. These restricted share units accrue dividend equivalent units over time and convert into ordinary shares upon vesting, increasing his direct share ownership when they settle.

At what price were the Johnson Controls International (JCI) shares valued for the tax-withholding disposition?

The 1,115 JCI ordinary shares used for tax withholding were valued at $140.00 per share. This disposition covered tax obligations associated with the equity award, with shares surrendered rather than sold on the open market for cash proceeds.
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