Petrie Robert James 4
4 · JBT MAREL Corp · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
JBT MAREL (JBTM) EVP Robert Petrie Receives Awards, Sells Shares for Taxes
What Happened
- Robert Petrie, EVP & President, Meat/Prepared Food at JBT MAREL (JBTM), received equity awards that resulted in 6,700 shares of common stock (two awards: 4,659 and 2,041 shares). To satisfy tax withholding obligations, 2,889 of those shares were disposed of on 2026-02-25 and 2026-02-26, producing approximately $469,906 in proceeds (2,516 shares at $163.40 = $411,114; 373 shares at $157.62 = $58,792). The awards were reported as acquisitions (code A) and the withholdings/tax payments as disposals (code F).
Key Details
- Transaction dates and prices:
- 2026-02-25: Acquired 4,659 shares (award); 2,516 shares disposed at $163.40 each ($411,114) to cover taxes.
- 2026-02-25: Acquired 2,041 shares (award).
- 2026-02-26: 373 shares disposed at $157.62 each ($58,792) to cover taxes.
- Proceeds from disposals: ≈ $469,906 total.
- Shares owned after the transactions: Not specified in the Form 4 filing.
- Footnotes:
- F1: 4,659 shares represent common stock received in settlement of performance stock units (PSUs) originally granted Feb 22, 2023.
- F2: 2,041 shares are time‑based restricted stock units (RSUs) that vest ratably over three years and settle one‑for‑one in shares.
- Timeliness: Report filed 2026-02-27 for transactions dated 2026-02-25/26 (appears timely).
Context
- These transactions appear to be routine equity award settlement and tax withholding (code F), not open‑market purchases or speculative trades. Withheld/surrendered shares to cover tax liabilities are common after awards vest or PSUs settle and do not necessarily indicate a personal view on the stock.
Insider Transaction Report
Form 4
JBT MAREL CorpJBTM
Petrie Robert James
EVP & Pres. Meat/Prepared Food
Transactions
- Award
Common Stock
[F1]2026-02-25+4,659→ 13,478 total - Tax Payment
Common Stock
2026-02-25$163.40/sh−2,516$411,114→ 10,962 total - Award
Common Stock
[F2]2026-02-25+2,041→ 13,003 total - Tax Payment
Common Stock
2026-02-26$157.62/sh−373$58,792→ 12,630 total
Footnotes (2)
- [F1]The reported securities represent shares of Common Stock received in settlement of PSUs originally granted on February 22, 2023.
- [F2]The reported securities represent time-based RSUs that will settle in one-for-one in shares of Common Stock and vest ratably over a three-year period, subject to the Reporting Person's continued service through each such date.
Signature
/s/ Stephanie J. Pacitti, attorney-in-fact|2026-02-27