JETBLUE AIRWAYS CORP·4

Apr 14, 5:15 PM ET

Geraghty Joanna 4

4 · JETBLUE AIRWAYS CORP · Filed Apr 14, 2026

Research Summary

AI-generated summary of this filing

Updated

JetBlue (JBLU) CEO Joanna Geraghty Receives Vesting Shares; Tax Withheld

What Happened

  • Joanna Geraghty, CEO and director of JetBlue Airways (JBLU), had restricted and performance-based equity convert to common stock upon vesting on April 10, 2026. The filing shows conversions/exercises of derivatives totaling 132,603 shares (70,722 + 61,881). To satisfy tax obligations, 73,331 shares were automatically withheld (39,110 + 34,221) at $4.93 per share, totaling $361,522, leaving a net issuance of 59,272 shares to Geraghty. These entries reflect award vesting and routine tax withholding — not an open‑market sale or purchase.

Key Details

  • Transaction date: 2026-04-10; Form 4 filed 2026-04-14 (timely filing).
  • Conversions/Exercises (code M): 70,722 shares (N/A price), 61,881 shares @ $0.00.
  • Tax withholding / disposition (code F): 39,110 and 34,221 shares withheld at $4.93/share, totaling $192,812 and $168,710 (combined $361,522).
  • Net shares received after withholding: 59,272 (132,603 issued − 73,331 withheld).
  • Shares owned after the transaction: not disclosed in the provided excerpt.
  • Notable footnotes:
    • F1/F4: RSUs convert 1-for-1 upon vesting; RSUs vest in equal annual installments from Apr 11, 2023.
    • F2: Withheld shares were automatically returned to JetBlue to cover U.S. tax obligations.
    • F3: The PSU shares relate to an April 11, 2023 grant measured over a three-year performance period ending Dec 31, 2025.

Context

  • The M codes indicate conversion/exercise of equity awards (RSUs/PSUs) rather than a cash purchase; the F codes reflect routine tax withholding (a form of cashless settlement). Such withholding is common on vesting and does not necessarily signal a change in the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-04-10
Geraghty Joanna
DirectorCEO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-04-10+70,722601,951 total
  • Tax Payment

    Common Stock

    [F2]
    2026-04-10$4.93/sh39,110$192,812562,841 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-04-10+61,881624,722 total
  • Tax Payment

    Common Stock

    [F2]
    2026-04-10$4.93/sh34,221$168,710590,501 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-04-1070,7220 total
    Common Stock (70,722 underlying)
Footnotes (4)
  • [F1]Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
  • [F2]These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States.
  • [F3]Represents shares of common stock issued to the Reporting Person upon vesting of Performance Stock Units (PSUs) granted on April 11, 2023, based on achievement of applicable performance goals over a three-year period ending December 31, 2025.
  • [F4]The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of April 11, 2023.
Signature
/s/ Shannon Collins, as Attorney-in-Fact|2026-04-14

Documents

1 file
  • 4
    wk-form4_1776201340.xmlPrimary

    FORM 4