Christie Warren 4
Research Summary
AI-generated summary
JetBlue (JBLU) COO Christie Warren Receives Shares, Withholds Taxes
What Happened
- Christie Warren, COO of JetBlue Airways (JBLU), received shares upon the vesting/conversion of restricted and performance stock units on April 10, 2026. The filing shows 33,142 shares issued on vesting (18,291 and 14,851 in two conversion entries).
- To cover tax obligations, 13,776 shares were automatically withheld (reported as two F transactions: 7,410 shares for $36,531 and 6,366 shares for $31,384), totaling $67,915. These were routine withholdings, not open-market sales.
Key Details
- Transaction date: April 10, 2026; Form 4 filed April 14, 2026 (timely).
- Shares issued on vesting/conversion: 33,142 (18,291 + 14,851).
- Shares withheld for taxes: 13,776 (7,410 and 6,366) — cash value reported $36,531 and $31,384 (total $67,915).
- Footnotes: Vesting arose from RSUs and PSUs (PSUs granted Apr 11, 2023, performance period through 12/31/2025). RSUs vest in equal annual installments over three years from Apr 11, 2023. Withholding was automatic per JetBlue policy.
- Shares owned after the transaction are not provided in the details you supplied.
Context
- The M-coded entries are conversions/exercises of derivatives (here, conversions of RSUs/PSUs into common stock). The F-coded entries are tax-withholding actions (shares withheld and returned to the company), which are routine and do not necessarily signal a buy or sell decision by the insider.
- This filing documents compensation-related vesting and withholding rather than an open-market purchase or discretionary sale.