RSU grant lifts JBT Marel Corp (JBTM) director’s share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gudmundsson Olafur S reported acquisition or exercise transactions in this Form 4 filing.
JBT MAREL Corp director Olafur S. Gudmundsson reported an equity award consisting of 1,232 restricted stock units (RSUs). These RSUs will settle one-for-one in shares of Common Stock on June 1, 2027, subject to his continued service through that date.
After this award, he holds 11,212 shares of Common Stock directly. The filing also reports additional Common Stock held indirectly through Noruz ehf and related entities, where Gudmundsson’s economic interest is limited and large portions are held for the benefit of his spouse and children.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gudmundsson Olafur S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,232 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,212 shares (Direct, null);
Common Stock — 98,407 shares (Indirect, Noruz ehf)
Footnotes (1)
- The reported securities represent RSUs that will settle one-for-one in shares of Common Stock on June 1, 2027, subject to the Reporting Person's continued service through such date. Reflects shares directly held by Noruz ehf. Noruz ehf. is wholly owned by Noruz US Holdings, Inc., which is wholly owned by Noruz Holdings LLC, in which the Reporting Person owns 1 percent of the membership interest and an irrevocable family trust (the "Trust") owns 99 percent. The assets of the Trust are held for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is a trustee of the Trust. The Reporting Person claims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
RSU grant: 1,232 RSUs
Direct holdings after award: 11,212 shares
Indirect holding line 1: 8,128 shares
+2 more
5 metrics
RSU grant
1,232 RSUs
Equity award settling in Common Stock on June 1, 2027
Direct holdings after award
11,212 shares
Common Stock directly held following RSU grant
Indirect holding line 1
8,128 shares
Common Stock held indirectly via Noruz ehf
Indirect holding line 2
98,407 shares
Additional Common Stock held indirectly via Noruz ehf
Settlement date
June 1, 2027
RSUs settle one-for-one into Common Stock on this date
Key Terms
RSUs, pecuniary interest, beneficial ownership, indirect ownership
4 terms
RSUs financial
"The reported securities represent RSUs that will settle one-for-one in shares of Common Stock on June 1, 2027"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
pecuniary interest financial
"The Reporting Person claims beneficial ownership of these shares except to the extent of his pecuniary interest therein"
beneficial ownership financial
"The Reporting Person claims beneficial ownership of these shares except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"Reflects shares directly held by Noruz ehf. Noruz ehf. is wholly owned by Noruz US Holdings, Inc., which is wholly owned by Noruz Holdings LLC"
FAQ
What insider transaction did JBTM director Olafur S. Gudmundsson report?
Olafur S. Gudmundsson reported receiving an equity award of 1,232 restricted stock units in JBT MAREL Corp. These RSUs are a form of stock-based compensation, not an open-market share purchase or sale, and will convert into common shares at a future settlement date.
What indirect JBTM holdings are reported through Noruz ehf for Olafur S. Gudmundsson?
The filing reports JBT MAREL Corp Common Stock held indirectly by Noruz ehf, a family-related entity. Noruz is ultimately owned mostly by a family trust benefiting Gudmundsson’s spouse and children, and he claims beneficial ownership only to the extent of his pecuniary interest.
Was the JBTM Form 4 a market buy or sell by Olafur S. Gudmundsson?
The Form 4 shows a grant of 1,232 restricted stock units to Olafur S. Gudmundsson, not an open-market purchase or sale. The transaction is classified as a grant or award of Common Stock-based compensation, with no cash price per share reported.