Hurley Ursula L 4
4 · JETBLUE AIRWAYS CORP · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
JetBlue (JBLU) CFO Ursula Hurley Receives 57,128 RSU Shares
What Happened
- Ursula L. Hurley, Chief Financial Officer of JetBlue Airways (JBLU), had 57,128 restricted stock units (RSUs convert to common shares) vest on Feb 20, 2026. All 57,128 RSUs converted into shares, and 21,288 of those shares were automatically withheld to cover tax obligations at $5.91 per share (total withheld = $125,812). Net shares issued to Hurley = 35,840.
- This is a vesting/award event (routine tax-withholding), not an open-market purchase or discretionary sale.
Key Details
- Transaction date: 2026-02-20; Form filed: 2026-02-23 (filed within reporting deadline).
- Conversion code: M (exercise/conversion of derivative — here, RSUs converting to shares). Withholding code: F (payment of tax liability via share withholding).
- Withheld shares: 21,288 at $5.91/share = $125,812 returned to JetBlue to satisfy taxes.
- Gross shares converted: 57,128; net shares issued to insider: 35,840.
- Vesting terms noted: RSUs vest in equal annual installments over a three-year period measured from the vesting commencement date of Feb 22, 2024 (per footnote).
- Shares owned after the transaction: not specified in the provided filing details.
Context
- This filing reflects RSU vesting and routine tax withholding (common for employee equity awards), not a buy or sell decision by the insider. The conversion plus withholding is effectively a cashless settlement of tax obligations.
Insider Transaction Report
Form 4
Hurley Ursula L
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-20+57,128→ 223,361 total - Tax Payment
Common Stock
[F2]2026-02-20$5.91/sh−21,288$125,812→ 202,073 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-20−57,128→ 57,129 total→ Common Stock (57,128 underlying)
Footnotes (3)
- [F1]Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
- [F2]These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States.
- [F3]The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 22, 2024.
Signature
/s/ Shannon Collins, as Attorney-in-Fact|2026-02-23