Southerton Dawn 4

What Happened

• Dawn Southerton, JetBlue's Principal Accounting Officer, had 9,936 restricted stock units (RSUs) convert into common shares on Feb 20, 2026. Of those, 4,110 shares were automatically withheld to cover tax obligations at $5.91 per share (total withheld value $24,290). The net shares delivered to Southerton were 5,826 (9,936 vested − 4,110 withheld).
• This was not an open-market sale by the insider but routine RSU vesting with company tax-withholding.

Key Details

• Transaction date: 2026-02-20; Form filed 2026-02-23.
• Codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld for tax payment.
• Withheld shares: 4,110 @ $5.91 = $24,290 (returned to JetBlue to satisfy tax withholding).
• RSUs converted: 9,936 total; net delivered to insider: 5,826 shares.
• Footnotes: F1 — 1 share issued per RSU upon vesting. F2 — shares were automatically withheld/returned to JetBlue to cover taxes per company policy. F3 — these RSUs vest in equal annual installments over three years from a Feb 22, 2024 vesting commencement date.
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Form filed Feb 23, 2026 (no late filing indicator provided).

Context

• This is a routine RSU vesting and tax-withholding event (a non-market disposal of shares to satisfy taxes), not an open-market sale that signals a trading decision. For retail investors, such withholdings are common and reflect payroll/tax mechanics rather than an expressed view on the stock.