Kotagiri Seetarama 4

What Happened

• Kotagiri Seetarama, a director of Johnson Controls International plc (JCI), was granted 1,285 restricted share units (RSUs) on 2026-03-04 (transaction code A). To satisfy tax withholding obligations, 1,115 of those shares were surrendered (transaction code F) at $140.00 per share, a withholding value of $156,100. Net shares retained from this award = 170 RSUs converted to ordinary shares.

Key Details

• Transaction dates: Grant and withholding both reported for 2026-03-04; Form 4 filed 2026-03-06 (appears filed within the standard 2-business-day window).
• Prices and values: Withheld 1,115 shares at $140.00 each = $156,100 withheld to cover taxes. Grant recorded at $0.00 (award of RSUs, not an open-market purchase).
• Net position from this award: 1,285 granted − 1,115 withheld = 170 shares newly issued to the insider.
• Shares owned after transaction: total beneficial ownership after the transaction is not specified in the provided excerpt.
• Footnote: F1 — these were restricted share units that accrue dividend equivalents and convert to ordinary shares upon vesting.
• Codes: A = award/grant; F = payment of exercise price or tax liability (here, tax withholding).

Context

• This was an equity award with routine tax withholding, not an open-market sale or purchase; withholding of shares to cover taxes is common and does not by itself indicate a change in insider sentiment. The RSUs convert to ordinary shares upon vesting and include dividend-equivalent units per the footnote.