Rizzolo Luiz Augusto 4

What Happened

• Luiz Rizzolo, EVP & President, Regions & International at JBT MAREL (JBTM), had 343 shares withheld/surrendered to satisfy a tax liability tied to equity compensation. The shares were recorded as disposed at $154.00 per share, totaling $52,822. This was a tax-withholding transaction (not an open-market sale).

Key Details

• Transaction date: 2026-02-27; Price: $154.00 per share; Shares surrendered: 343; Total value: $52,822.
• Report filed: 2026-03-02 (timely within Form 4 filing window).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction code F: indicates shares were used to pay tax withholding (common for vested awards or option exercises), not a discretionary sale.

Context

• Code F transactions typically reflect routine tax withholding on vested restricted stock or exercised options. The shares were surrendered to cover taxes (often called a “sell-to-cover” or withholding) rather than being sold on the open market, so this action is generally administrative and not a clear signal of the insider’s view on the company’s prospects.