JetBlue (JBLU) director Jesse Lynn receives stock units and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JetBlue Airways director Jesse Lynn reported equity compensation activity, not open-market trading. Lynn received a grant of 29,867 Deferred Stock Units, each convertible into one share of JetBlue common stock after vesting and eventual settlement following departure from the board.
Lynn also exercised 22,094 Restricted Stock Units that vested on the one-year anniversary of their March 10, 2025 grant, receiving 22,094 shares of common stock at no cash exercise price. After these transactions, Lynn directly holds 22,094 common shares and 59,483 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,094 shares exercised/converted
Mixed
3 txns
Insider
LYNN JESSE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 29,867 | $0.00 | -- |
| Exercise | Restricted Stock Units | 22,094 | $0.00 | -- |
| Exercise | Common Stock | 22,094 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 59,483 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 22,094 shares (Direct)
Footnotes (1)
- Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit. This represents an award of deferred stock units, or DSUs. Each unit entitles the Reporting Person to one share of Issuer's common stock upon vesting; settlement of vested DSUs will occur six months following Reporting Person's departure from Issuer's Board of Directors. The annual DSU grant vests on the one year anniversary of the grant date The award subject to the DSUs are scheduled to vest over one year, measured from the vesting commencement date of March 10, 2026. The director restricted stock units vest on the one year anniversary of the grant date of March 10, 2025.
FAQ
What insider transactions did JetBlue (JBLU) director Jesse Lynn report?
Jesse Lynn reported equity awards rather than open-market trades. He received 29,867 Deferred Stock Units and converted 22,094 Restricted Stock Units into 22,094 JetBlue common shares at no cost, reflecting routine director compensation and vesting activity disclosed in the Form 4.
What are the terms of Jesse Lynn’s Deferred Stock Units at JetBlue (JBLU)?
The Deferred Stock Units are scheduled to vest over one year from March 10, 2026. Each unit converts into one JetBlue common share upon vesting, and settlement of vested DSUs occurs six months after Lynn leaves the JetBlue board, according to the disclosed award terms.
When did Jesse Lynn’s JetBlue (JBLU) Restricted Stock Units vest?
The director Restricted Stock Units vested on the one-year anniversary of their March 10, 2025 grant date. Upon vesting, each unit entitled Jesse Lynn to receive one share of JetBlue common stock, resulting in 22,094 shares acquired at a stated price of zero.