Johnson Controls (JCI) CEO Weidemanis Surrenders 3,625 Shares for Taxes

What Happened Joakim Weidemanis, CEO of Johnson Controls International plc, surrendered 3,625 shares to satisfy a tax liability associated with an equity event. The shares were disposed at $130.94 each for a total value of $474,658. The transaction date was 2026-03-12 and the Form 4 was filed on 2026-03-13.

Key Details

• Transaction date: 2026-03-12; filing date (Form 4): 2026-03-13.
• Disposed: 3,625 shares at $130.94 per share; total value reported $474,658.
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
• Shares owned after the transaction: not specified in the provided excerpt.
• Filing timeliness: filed the next business day (not marked late).

Context A code F disposal typically means shares were withheld or surrendered to the company or broker to cover taxes from a grant exercise or vesting (a cashless/tax-withholding action), not an open-market sale. These routine withholdings are common after option exercises or RSU vesting and do not necessarily indicate a change in the insider’s view of the company.