ARCHER TIMOTHY 4
Research Summary
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Johnson Controls (JCI) Director Timothy Archer Receives RSU Award
What Happened
Timothy Archer, a director of Johnson Controls International plc (JCI), received a grant of 1,285 restricted share units (RSUs) on 2026-03-04. To satisfy tax withholding related to the award, 1,115 shares were withheld/disposed at $140.00 per share, a withholding value of $156,100. After withholding, 170 RSUs/shares remain attributable to Archer from this grant.
Key Details
- Transaction dates: Grant and tax withholding both reported for 2026-03-04; Form 4 filed 2026-03-06.
- Grant: 1,285 RSUs (code A); reported acquisition value $0 on the Form 4 (award).
- Tax withholding/disposition: 1,115 shares withheld (code F) @ $140.00 = $156,100.
- Net retained from this grant: 170 shares/RSUs (1,285 − 1,115).
- Footnote: RSUs accrue dividend equivalent units and convert to ordinary shares upon vesting (per filing).
- Filing timeliness: Form 4 was filed within the normal reporting window (no late filing indicated).
Context
- This transaction is an equity award with tax withholding rather than an open-market purchase or sale. RSU grants are common compensation for executives and directors; the withholding is a routine tax-related disposition and does not, by itself, indicate a change in investment stance.
- The RSUs will convert to ordinary shares upon vesting; the filing shows the grant and withholding but does not by itself indicate any immediate open-market sale of shares beyond the tax withholding.