JetBlue (JBLU) CEO Joanna Geraghty RSUs Vest as Shares Withheld for Taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JetBlue Airways CEO Joanna Geraghty reported routine equity compensation activity involving restricted stock units. On May 29, 2026, 245,700 restricted stock units vested and were converted into an equal number of common shares. In line with JetBlue policy, 135,873 shares were automatically withheld and returned to the company to cover tax obligations at $5.38 per share, rather than sold on the open market. After these transactions, she directly owns 700,328 shares of JetBlue common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
245,700 shares exercised/converted
Mixed
3 txns
Insider
Geraghty Joanna
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 245,700 | $0.00 | -- |
| Exercise | Common Stock | 245,700 | $0.00 | -- |
| Tax Withholding | Common Stock | 135,873 | $5.38 | $731K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 836,201 shares (Direct, null)
Footnotes (1)
- Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit. 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. These restricted stock units were granted on June 22, 2023 and vest on May 31, 2026.
Key Figures
RSUs vested: 245,700 units
Shares withheld for taxes: 135,873 shares
Tax withholding reference price: $5.38 per share
+3 more
6 metrics
RSUs vested
245,700 units
Restricted stock units converting to common stock on May 29, 2026
Shares withheld for taxes
135,873 shares
Automatically withheld and returned to JetBlue to cover tax obligations
Tax withholding reference price
$5.38 per share
Value used for shares withheld to satisfy RSU-related tax obligations
Shares held after transactions
700,328 shares
Direct ownership of JetBlue common stock following RSU vesting and withholding
Tax-withholding disposition shares
135,873 shares
Non-derivative transaction coded F, classified as payment of tax liability
Derivative exercise shares
245,700 shares
Non-derivative acquisition from derivative exercise coded M, linked to RSUs
Key Terms
Restricted Stock Units, tax obligations, withheld and returned, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"The filing lists the security title as "Restricted Stock Units" for the derivative entry."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"Shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting."
withheld and returned financial
"These shares were automatically withheld and returned to JetBlue to cover tax obligations."
derivative exercise/conversion financial
"Transaction action is described as a derivative exercise/conversion for the RSUs."
tax-withholding disposition financial
"Transaction action is recorded as a tax-withholding disposition under code F."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transactions did JetBlue (JBLU) CEO Joanna Geraghty report?
Joanna Geraghty reported the vesting of 245,700 restricted stock units that converted into JetBlue common stock. As part of this event, some shares were automatically withheld to satisfy tax obligations under the company’s equity compensation policy.
What are restricted stock units (RSUs) in the JetBlue (JBLU) CEO’s filing?
The filing shows restricted stock units that entitle the holder to receive one JetBlue common share per unit upon vesting. For this grant, each RSU converted into one share of common stock when it vested for Joanna Geraghty.
When were the JetBlue (JBLU) CEO’s RSUs granted and when do they vest?
The restricted stock units referenced were granted on June 22, 2023 and vest on May 31, 2026. Upon vesting, each unit delivers one share of JetBlue common stock to Joanna Geraghty before tax withholding.