HAGGERTY GRETCHEN R 4
Research Summary
AI-generated summary
Johnson Controls (JCI) Director Gretchen Haggerty Receives RSUs, Sells Shares
What Happened
- Gretchen R. Haggerty, a director of Johnson Controls International plc (JCI), received a grant of 1,285 restricted share units (RSUs) on 2026-03-04 and 1,115 ordinary shares were disposed the same day to satisfy a tax liability. The 1,115 shares were treated as a disposition at $140.00 per share, generating $156,100. The RSUs were reported with a $0.00 purchase price (code A = award/grant); the disposition is reported under code F (tax withholding).
Key Details
- Transaction date: 2026-03-04 (filed 2026-03-06; filing appears timely)
- Grant: 1,285 RSUs (code A) at $0.00
- Tax withholding/disposition: 1,115 shares (code F) at $140.00 each — proceeds $156,100
- Shares owned after transaction: not specified in the filing
- Footnote: RSUs accrue dividend equivalents and convert into ordinary shares upon vesting (per footnote F1)
- Nature of sale: the 1,115-share disposition was to cover a tax obligation (routine withholding), not an open-market speculative sale
Context
- This filing reflects an equity award (RSUs) and a routine share surrender/withholding to cover taxes. RSU grants are common compensation events and tax-withholding sales are standard administrative actions; they do not necessarily indicate the insider’s view of the company’s stock.