JETBLUE AIRWAYS CORP·4

Mar 12, 9:25 PM ET

Christie Warren 4

Research Summary

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Updated

JetBlue (JBLU) COO Christie Warren Receives RSU Award; Shares Withheld

What Happened

  • Christie Warren, Chief Operating Officer of JetBlue Airways (JBLU), received a restricted stock unit (RSU) award of 331,858 RSUs on March 10, 2026. On the same date, 47,267 RSUs vested/converted to common shares.
  • To cover tax obligations from the vesting, 12,058 shares were automatically withheld (disposed) at $4.52 per share, totaling $54,502. This filing records both the RSU grant and the vesting/conversion/tax-withholding events.
  • These actions are awards and routine tax-withholding transactions — not open-market purchases or sales by the insider.

Key Details

  • Transaction date: March 10, 2026; filing date: March 12, 2026 (reported on Form 4).
  • Grant: 331,858 RSUs awarded (derivative), per filing footnote; vesting in equal annual installments over three years (per footnotes F3 and F4), measured from a vesting commencement date of March 10, 2025.
  • Vesting/conversion: 47,267 RSUs converted to shares on March 10, 2026 (transaction code M).
  • Tax withholding: 12,058 shares withheld to satisfy tax obligations at $4.52/share, total $54,502 (transaction code F; footnote F2 confirms automatic withholding in accordance with JetBlue policy).
  • Shares owned after the transactions: not specified in the provided filing details.
  • Filing timeliness: Reported two days after the transaction date; not marked as late in the filing.

Context

  • RSUs are derivative awards that convert to common shares upon vesting. The conversion here (code M) and the listed withholding (code F) reflect a typical net-settlement/tax-withholding process rather than a voluntary sale.
  • The 331,858 RSU grant vests over three years (equal annual installments), so additional vesting events and associated tax withholdings could occur on future anniversaries.