Christie Warren 4

What Happened

• Christie Warren, Chief Operating Officer of JetBlue Airways (JBLU), had 33,244 restricted stock units (RSUs) convert to common shares on Feb 20, 2026. Of those shares, 8,481 were automatically withheld/returned to JetBlue to cover tax obligations at $5.91 per share, a withholding value of $50,123. The net shares issued to Warren were 24,763 (33,244 issued minus 8,481 withheld).
• This was not an open-market purchase or sale but a standard RSU vesting/conversion event with tax withholding (routine, not necessarily a market sentiment signal).

Key Details

• Transaction date: Feb 20, 2026; Form 4 filed Feb 23, 2026 (timely).
• Conversion: 33,244 RSUs converted to common stock (code M: exercise/conversion of derivative).
• Tax withholding: 8,481 shares withheld/disposed (code F) at $5.91 per share, total $50,123.
• Net shares received by Warren: 24,763.
• Footnotes: (F1) RSUs convert 1-for-1 to common stock upon vesting; (F2) shares were automatically withheld to cover taxes per JetBlue policy; (F3) RSUs vest in equal annual installments over three years from Feb 22, 2024.
• Shares owned after transaction: Not specified in this Form 4.

Context

• This was a vesting/conversion of RSUs rather than an open-market buy or sale. The withholding of shares to cover taxes is a common administrative step and not an active sale by the insider.
• For retail investors, purchases are generally more informative about insider conviction; this filing documents compensation vesting and routine tax withholding rather than a discretionary purchase or sale.