Clements Carol Ann 4

What Happened Carol Ann Clements, Chief Digital & Tech Officer at JetBlue (JBLU), had restricted stock units (RSUs) vest and convert to common shares on March 10, 2026. A grant of 193,584 RSUs was reported (granted March 10, 2026). On the same date 36,824 shares were issued upon exercise/conversion of a derivative (vesting of RSUs); 14,841 of those shares were automatically withheld and returned to JetBlue to cover tax obligations (disposed at $4.52/share for proceeds of $67,081). Net shares retained from the vesting event were 21,983 (36,824 issued less 14,841 withheld).

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing, within the usual two-business-day window).
• Grant: 193,584 RSUs granted March 10, 2026 (footnotes indicate these RSUs vest in equal annual installments over three years).
• Vesting/conversion: 36,824 shares issued upon conversion/vesting (reported as derivative exercise/conversion).
• Tax withholding: 14,841 shares withheld and returned to JetBlue to cover taxes; price shown for the withheld shares = $4.52/share, total $67,081.
• Net shares received from this vesting event: 21,983.
• Shares owned after the transactions: not specified in the filing.
• Relevant footnotes: F1–F4 clarify RSU-to-share conversion (1 share per RSU), automatic withholding to cover taxes, and three-year vesting schedule measured from a March 10, 2025 vesting commencement date.

Context This filing reflects routine equity compensation (RSU grant and vesting) rather than an open-market buy or strategic sale. The derivative entries represent RSUs converting to company stock upon vesting; the disposal entry reflects shares withheld by the company to satisfy tax withholding obligations (a common practice). Such awards and withholdings are standard executive compensation events and are not direct indicators of buy/sell sentiment.