McClure Teri P 4
4 · JETBLUE AIRWAYS CORP · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
JetBlue (JBLU) Director Teri McClure Exercises RSUs, Receives Grant
What Happened Teri P. McClure, a member of JetBlue Airways' board, had derivative/RSU activity on March 10, 2026. The filing shows conversion (exercise) of 22,094 RSUs into common shares and an immediate disposition of 22,094 shares. The filing also records an award/grant of 29,867 director restricted stock units (RSUs). No cash prices are reported (N/A) because these were RSU conversions and awards rather than open-market trades.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (within the 2-business-day reporting window).
- Converted (M): 22,094 RSUs → 22,094 common shares (price: N/A).
- Disposed (M): 22,094 shares (price: N/A) reported immediately after conversion.
- Award/Grant (A): 29,867 director RSUs (derivative; price: N/A).
- Footnotes: F1 — each RSU converts to one share upon vesting. F3 indicates the RSUs that converted vested on the one-year anniversary of a March 10, 2025 grant (i.e., vested 3/10/2026). F2 notes the 29,867 director RSUs vest on the one-year anniversary of the March 10, 2026 grant (i.e., vest 3/10/2027).
- Shares owned after the transactions: not specified in the filing.
Context
- The immediate disposal of the same number of shares converted commonly reflects share withholding to satisfy tax obligations on vested RSUs rather than an open-market sale. The filing does not show an open-market sale or purchase.
- The 29,867 RSUs are unvested awards (derivative) and will convert to shares only on their stated vesting date (per footnote F2).
Insider Transaction Report
Form 4
McClure Teri P
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-10+22,094→ 42,713 total - Award
Restricted Stock Units
[F1][F2]2026-03-10+29,867→ 29,867 total→ Common Stock (29,867 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-10−22,094→ 0 total→ Common Stock (22,094 underlying)
Footnotes (3)
- [F1]Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
- [F2]The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2026.
- [F3]The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2025.
Signature
/s/ Shannon Collins, as Attorney-in-Fact|2026-03-12