YOUNG JOHN D 4

What Happened John D. Young, a director of Johnson Controls International plc (JCI), received a grant of 1,285 restricted share units (RSUs) on March 4, 2026 (transaction coded A). The grant is reported at $0.00 per share because RSUs are awarded, not purchased. To satisfy tax withholding related to the award (transaction coded F), 1,115 shares were withheld at an implied value of $140.00 per share, totaling $156,100. After withholding, the grant nets approximately 170 ordinary shares to Mr. Young.

Key Details

• Transaction date: 2026-03-04; Filing date: 2026-03-06 (filed two days after the transaction).
• Grant: 1,285 RSUs (code A) recorded at $0.00 per share.
• Tax withholding: 1,115 shares withheld (code F) at $140.00 each = $156,100.
• Net shares delivered from this grant: ~170 shares (1,285 − 1,115).
• Shares owned following the transaction: not specified in the provided excerpt of the filing.
• Footnote: RSUs accrue dividend equivalent units and convert to ordinary shares upon vesting.
• Filing timeliness: filing appears timely (filed within two business days).

Context RSUs are an award that convert to ordinary shares when they vest; the A code indicates a grant rather than an open-market purchase. The F code reflects ordinary tax-withholding—insiders commonly have shares withheld to cover tax obligations when awards vest. This type of transaction is routine compensation-related activity and should not be read as a direct buy or sell signal about the company’s near-term prospects.