Petrie Robert James 4

What Happened
Robert James Petrie, EVP & President, Meat/Prepared Food at JBT MAREL (JBTM), had 407 shares withheld to satisfy tax liability related to an equity event (reported as transaction code F). The withholding occurred at $154.00 per share, totaling $62,678. This was a tax-withholding disposition of shares, not an open-market sale.

Key Details

• Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-02 (timely filed).
• Shares withheld/disposed: 407 at $154.00 each; value ≈ $62,678.
• Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld).
• Shares owned after the transaction: not specified in the provided excerpt (see full filing for post-transaction holdings).
• Accession: 0001433660-26-000061.

Context
Code F transactions typically reflect the company withholding shares to cover taxes after an option exercise or award vesting (a common administrative step). This is not the same as a public sale, so it generally does not signal a deliberate liquidity-driven sale by the insider. Purchases and open-market sales are often more informative about insider sentiment.