Bridarolli Shelley Rae 4

What Happened

• Shelley Rae Bridarolli, EVP & Chief HR Officer of JBT MAREL Corp (JBTM), received equity awards and had shares withheld to satisfy tax obligations. On Feb 25, 2026 she received 3,601 shares settled from Performance Share Units (PSUs) and was granted 1,658 time‑based Restricted Stock Units (RSUs). To cover taxes, 1,601 of the settled shares were surrendered on Feb 25 at $163.40 each ($261,603) and 241 shares were surrendered on Feb 26 at $157.62 each ($37,986), for a total tax‑withholding amount of $299,589. These transactions are coded A (award/grant) and F (payment of exercise price or tax liability).

Key Details

• Transaction dates/prices:
  • Feb 25, 2026: 3,601 shares settled from PSUs (Acquired, $0 reported); 1,601 shares surrendered for taxes at $163.40 ($261,603).
  • Feb 25, 2026: 1,658 RSUs granted (Acquired, $0 reported) — these RSUs vest ratably over three years (see footnote).
  • Feb 26, 2026: 241 shares surrendered for taxes at $157.62 ($37,986).
• Total shares surrendered for tax withholding: 1,842; total value ≈ $299,589.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes:
  • F1: 3,601 shares reflect settlement of PSUs originally granted Feb 22, 2023.
  • F2: 1,658 shares are time‑based RSUs that will vest ratably over three years (one‑for‑one share settlement).
• Filing date: Feb 27, 2026 for transactions dated Feb 25–26, 2026 — filing appears timely (Form 4 is generally due within two business days).

Context

• Code A = award/grant; Code F = shares withheld or surrendered to satisfy tax withholding obligations. Withholding/surrender is a routine administrative step when equity awards vest and does not necessarily indicate a broader decision to sell shares for investment purposes.
• These transactions involve PSU settlement and RSU grants rather than option exercises or open‑market sales. The surrendered shares were used for tax withholding rather than shown as open‑market dispositions.