Geraghty Joanna 4

What Happened
Joanna Geraghty, CEO and a director of JetBlue Airways (JBLU), had 245,700 restricted stock units (RSUs convert/vest) reported on May 29, 2026. All 245,700 RSUs converted to common shares (transaction code M). To satisfy tax withholding, 135,873 of those shares were automatically returned to JetBlue (transaction code F) at $5.38 per share, totaling $730,997. Net shares retained from this vesting: 109,827 shares (245,700 - 135,873).

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-01 (appears timely).
• Conversion/vesting: 245,700 RSUs converted to 245,700 shares (code M).
• Tax withholding: 135,873 shares withheld/returned to the company at $5.38/share, total $730,997 (code F).
• Net shares received from this vesting: 109,827 shares.
• Footnotes: RSUs were granted June 22, 2023 and vest on May 31, 2026; shares were withheld per JetBlue’s standard tax-withholding policy.
• Shares owned after the transaction are not specified in the filing.

Context
This was an award vesting and a routine company tax-withholding event (not an open-market sale). M indicates conversion/exercise of a derivative (here, RSUs becoming common stock); F indicates shares were surrendered to cover tax obligations. Such withholding is standard and does not necessarily signal a change in the insider’s market view.