4Accepted Aug 4, 12:36 PM ET
Johnson Controls CFO Marc Vandiepenbeeck Withholds 19,760 Shares
Accepted (ET)
12:36 PM
Aug 4, 2026
Filed
Aug 4, 2026
Documents
1
Size
4.8 KB
Summary
Johnson Controls CFO Marc Vandiepenbeeck Withholds 19,760 Shares
What Happened
Marc Vandiepenbeeck, EVP and Chief Financial Officer of Johnson Controls International plc, had 19,760 shares disposed/withheld to cover an exercise price or tax liability. The shares were recorded at $146.66 each for a total value of $2,898,002. This was a tax-withholding disposition (not an open-market sale) commonly used to satisfy tax obligations following an option exercise or vesting of awards.
Key Details
- Transaction date: 2026-08-02; Filing date: 2026-08-04 (timely filed).
- Price per share: $146.66; Total value of shares withheld: $2,898,002.
- Shares withheld/disposed: 19,760.
- Transaction code/footnote: F — payment of exercise price or tax liability (shares withheld).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Filing timeliness: appears timely (filed within standard 2 business days).
Context
Code F indicates the shares were surrendered to cover taxes or exercise costs (a cashless/withholding action), not sold on the open market. Such withholding is routine following option exercises or vesting and does not necessarily signal the insider's view on the company's stock.