Grabowski Todd M 4
Research Summary
AI-generated summary
Johnson Controls (JCI) VP Todd Grabowski Surrenders 2,547 Shares for Taxes
What Happened
- Todd M. Grabowski, VP and President, Americas at Johnson Controls International plc (JCI), disposed of 2,547 shares on 2026-03-12 as a tax-withholding payment (transaction code F).
- The shares were valued at $130.94 each, for a total of $333,504. This disposition represents shares surrendered to satisfy tax obligations—routine following an option exercise or RSU vesting—rather than an open-market sale.
Key Details
- Filing date / Reported date: Form 4 filed 2026-03-13 reporting the 2026-03-12 transaction (Accession: 0000833444-26-000033). Filing appears timely.
- Transaction: 2,547 shares disposed; price reported $130.94; total ~$333,504.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
- Shares owned after transaction: Not specified in the summary provided here; see the full Form 4 filing for updated holdings and exact post-transaction ownership.
- No 10b5-1 plan or other special plan noted in the supplied summary.
Context
- Code F transactions are typically not directional market signals. They usually reflect employer withholding to cover taxes from an option exercise or restricted stock vesting (a cashless or share-withholding settlement), not an investment decision to sell stock on the open market.
- For a complete picture of insider holdings and potential related option exercises or vesting, review the full Form 4 submission.