JETBLUE AIRWAYS CORP·4

Mar 12, 9:25 PM ET

MENKE SEAN E 4

4 · JETBLUE AIRWAYS CORP · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

JetBlue (JBLU) Director Sean Menke Exercises, Receives DSU Award

What Happened

  • Sean E. Menke, a director of JetBlue Airways (JBLU), had derivative activity on March 10, 2026: 22,094 shares were acquired via exercise/conversion of derivative securities and the same 22,094 shares were disposed the same day. In addition, he was granted 29,867 deferred stock units (DSUs).
  • The filing shows no prices or dollar values (N/A). Per footnotes, the 22,094 conversion appears tied to director restricted stock units that vest on the one‑year anniversary of the March 10, 2025 grant; the 29,867 instruments are DSUs that will convert to one share per unit upon vesting/settlement.

Key Details

  • Transaction date: March 10, 2026. Filing date (Form 4): March 12, 2026 (appears timely within the normal 2‑business‑day window).
  • Transaction types/codes: M = exercise/conversion of derivative (22,094 shares acquired; 22,094 shares disposed the same day). A = award/grant of derivative (29,867 DSUs acquired).
  • Prices and total values: Not provided (N/A) in the filing.
  • Shares owned after transaction: Not disclosed in the provided filing details.
  • Relevant footnotes:
    • F1/F4: Director restricted stock units convert 1:1 to common shares upon vesting; those RSUs had a March 10, 2025 grant date and vest on March 10, 2026 (consistent with the conversion).
    • F2/F3: The 29,867 units are DSUs (one unit = one share upon vesting); they vest over one year from March 10, 2026 and settled six months after any Board departure.

Context

  • “M” (exercise/conversion) here reflects conversion/settlement of vested director RSUs into common shares; the identical same‑day disposition of 22,094 shares is shown but the filing does not state the reason (e.g., tax withholding or sale).
  • The DSU award (A) is a deferred compensation instrument and does not immediately increase voting shares outstanding until vested/settled; its vesting schedule and post‑departure settlement are noted in the footnotes.

Insider Transaction Report

Form 4
Period: 2026-03-10
MENKE SEAN E
Director
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+22,09422,094 total
  • Award

    Deferred Stock Units

    [F2][F3]
    2026-03-10+29,86734,496 total
    Common Stock (29,867 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-03-1022,0940 total
    Common Stock (22,094 underlying)
Footnotes (4)
  • [F1]Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
  • [F2]This represents an award of deferred stock units, or DSUs. Each unit entitles the Reporting Person to one share of Issuer's common stock upon vesting; settlement of vested DSUs will occur six months following Reporting Person's departure from Issuer's Board of Directors. The annual DSU grant vests on the one year anniversary of the grant date.
  • [F3]The award subject to the DSUs are scheduled to vest over one year, measured from the vesting commencement date of March 10, 2026.
  • [F4]The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2025.
Signature
/s/ Shannon Collins, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773365105.xmlPrimary

    FORM 4