Meister Matthew J 4

What Happened

• Matthew J. Meister, Executive VP & CFO of JBT MAREL (ticker: JBTM), received equity awards that settled into common stock and had shares withheld/sold to cover tax liabilities. On Feb 25–26, 2026 he was credited with two awards (6,564 and 3,827 shares) and 2,908 and 492 shares were disposed at $163.40 and $157.62 per share, respectively, to satisfy tax obligations. The withheld/ disposed shares produced proceeds of $475,167 and $77,549 (total ≈ $552,716). Net shares delivered (awarded minus withheld) from these settlements equal 6,991 shares (10,391 awarded − 3,400 withheld).

Key Details

• Transaction dates and prices:
  • Feb 25, 2026: Award of 6,564 shares (reported at $0.00 acquisition value); 2,908 shares disposed at $163.40 each (F) for $475,167.
  • Feb 25, 2026: Award of 3,827 shares (reported at $0.00 acquisition value).
  • Feb 26, 2026: 492 shares disposed at $157.62 each (F) for $77,549.
• Total proceeds from withheld/disposed shares: ≈ $552,716.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: These shares include common stock received in settlement of PSUs originally granted Feb 22, 2023.
  • F2: The other reported securities are time‑based RSUs that settle one‑for‑one and vest ratably over three years, subject to continued service.
• Transaction codes: A = Award/Grant (acquisition), F = Payment of exercise price or tax liability (shares withheld/sold to cover taxes).
• Filing timeliness: Report filed Feb 27, 2026 for Feb 25–26 transactions; no late filing indication in the provided data.

Context

• These transactions appear to be standard equity award settlements with shares withheld/sold to satisfy tax obligations (a routine administrative step), not open‑market purchases or discretionary sales intended as a market signal. PSUs and RSUs converting to shares and immediate withholding for taxes is common after vesting/settlement.