ESTEVES IRENE M 4

What Happened Irene M. Esteves, a director of Johnson Controls International plc (JCI), received a grant of 937 restricted share units (RSUs) on 2026-06-08. The Form 4 lists the acquisition price as $0 because these were an award/grant rather than an open‑market purchase. This is an equity compensation event (transaction code A), not a sale or purchase.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-09 (filed within the typical 2-business-day window).
• Shares/units granted: 937 restricted share units (RSUs); reported acquisition price: $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs accrue dividend equivalent units and convert to ordinary shares upon vesting (F1).
• Transaction type: Award/Grant (A) — common director compensation, not an indicative open-market purchase.

Context RSUs are deferred equity compensation that convert to ordinary shares only when they vest; they typically do not reflect an immediate cash investment by the insider. Grants to non-employee or employee directors are routine and primarily reflect compensation rather than a direct buy/sell signal.