Hurley Ursula L 4

What Happened

• Ursula L. Hurley, Chief Financial Officer of JetBlue Airways (JBLU), received a restricted stock unit (RSU) award and had a tranche vest/convert on March 10, 2026. The filing shows a grant of 331,858 RSUs and the conversion/exercise of 62,738 RSUs into common shares. To satisfy tax obligations, 32,028 shares were automatically withheld and returned to JetBlue, valued at $4.52 per share for a total tax withholding of $144,767.

Key Details

• Transaction date: March 10, 2026; Form filed March 12, 2026.
• Grant: 331,858 restricted stock units (RSUs) reported as an award on March 10, 2026 (derivative instrument).
• Vesting/conversion: 62,738 RSUs converted into common stock (reported as exercise/conversion, code M).
• Tax withholding/disposition: 32,028 shares surrendered/withheld at $4.52/share to cover taxes, total $144,767 (code F).
• Vesting schedule: The granted RSUs vest in equal annual installments over three years, with a vesting commencement date of March 10, 2025 (per footnotes).
• Shares owned after the transaction: Not specified in this filing.
• Filing timeliness: Reported on Mar 12, 2026 for transactions on Mar 10, 2026; no late-filing flag indicated in the provided data.

Context

• This was not an open-market sale; the “disposition” reflects company withholding to cover tax liabilities on vested RSUs (common net-share settlement), not an indicator of a market sale by the insider.
• The award (A) and vesting/conversion (M) are routine compensation events for executives. Purchases would be more directly bullish signals; this filing primarily documents standard RSU grant and tax withholding.