MCCONEGHY DANIEL C 4
Research Summary
AI-generated summary
Johnson Controls (JCI) VP Daniel McConeghy Sells 3,600 Shares
What Happened Daniel C. McConeghy, VP Chief Accounting & Tax Officer at Johnson Controls International plc (JCI), sold 3,600 shares in an open-market transaction on February 23, 2026. The reported weighted-average sale price was $142.56 per share, generating proceeds of $513,216. This was a sale (disposition), which is a routine insider transaction and does not by itself indicate the insider’s view of the company.
Key Details
- Transaction date: 2026-02-23 (filed same day).
- Transaction type: Open-market sale (Code S); 3,600 shares disposed.
- Price: Weighted average $142.56; prices ranged from $142.42 to $142.65 (see footnote F1).
- Proceeds: $513,216.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 states the reported price is a weighted average and the filer can provide the number of shares sold at each price on request.
- Timeliness: Filing appears timely (transaction and report date the same).
Context Insider sales are common and can reflect many personal or tax planning reasons; they are not as strong a signal as purchases. This filing reports a straightforward share sale by an executive (not a 10% owner) and does not involve option exercises, awards, gifts, or 10b5-1 plan disclosures. For investors tracking insider activity, look for patterns of repeated buys or sells over time rather than a single transaction.