Christie Warren 4
Research Summary
AI-generated summary
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.