Pelletier James C 4

What Happened
James C. Pelletier, EVP & General Counsel of JBT MAREL Corp (JBTM), was granted 1,722 restricted stock units (RSUs) on 2026-02-25. The Form 4 reports the acquisition as an award at $0.00 (grant value not reported on the form); these RSUs will convert one-for-one into common shares as they vest.

Key Details

• Transaction date: 2026-02-25; Form filed: 2026-02-27 (filed within the typical two-business-day Form 4 window).
• Reported transaction: Award/Grant (Code A) of 1,722 RSUs at $0.00.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote: RSUs are time-based, will settle one-for-one into shares, and vest ratably over a three-year period, subject to continued service.
• No 10b5-1 plan, tax-withholding sale, or option exercise was reported in this transaction.

Context
RSU grants are compensation awards and are not open-market purchases or sales; they typically reflect company pay practices rather than an immediate buy/sell signal. These RSUs will only become actual shares as they vest over the next three years, so the economic impact depends on future vesting and the company’s stock price at settlement.