Tinggren Juergen 4

What Happened

• Juergen Tinggren, a director of Johnson Controls International plc (JCI), was granted 1,285 restricted share units (RSUs) on 2026-03-04 (transaction code A). The grant is reported at $0 acquisition price because RSUs are awards, not purchases.
• To cover tax or related withholding (transaction code F), 1,115 of the resulting shares were surrendered/withheld at an indicated value of $140.00 per share, totaling $156,100.

Key Details

• Transaction dates: 2026-03-04 (grant and withholding); Form 4 filed 2026-03-06.
• Grant: 1,285 RSUs (code A) — no cash purchase price (awarded).
• Withholding/payment: 1,115 shares disposed (code F) at $140.00 each = $156,100.
• Footnote: The filing notes these are restricted share units that accrue dividend equivalents and convert to ordinary shares upon vesting (F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Report filed two days after the transactions (appears timely under typical 2-business-day Form 4 rules).

Context

• This was an equity award (RSUs) with shares withheld to satisfy tax or payment obligations — a common administrative step that does not necessarily signal the director is buying or selling stock on the open market.
• For retail investors: purchases are often more indicative of insider confidence than routine award vesting and withholding. This filing documents a grant plus withholding, not a market sale or open-market purchase.