Johnson Controls (NYSE: JCI) CEO uses 3,625 shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Controls International plc Chief Executive Officer Joakim Weidemanis reported a routine share disposition related to tax obligations, not an open-market trade. On this Form 4, 3,625 Ordinary Shares were withheld at $130.94 per share to satisfy tax liability arising from equity compensation. Following this tax-withholding disposition, Weidemanis directly holds 54,628.18 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weidemanis Joakim
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 3,625 | $130.94 | $475K |
Holdings After Transaction:
Ordinary Shares — 54,628.18 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did JCI CEO Joakim Weidemanis report on this Form 4?
Joakim Weidemanis reported a tax-withholding disposition of 3,625 Johnson Controls (JCI) Ordinary Shares. The shares were delivered at $130.94 each to cover tax obligations from equity compensation, rather than being sold in the open market.
Was the Johnson Controls (JCI) CEO’s Form 4 transaction an open-market sale?
The Form 4 for Johnson Controls (JCI) shows no open-market sale. The 3,625 Ordinary Shares were disposed of as a tax-withholding transaction, meaning they were used to satisfy tax liabilities related to equity awards, not sold to public investors.
What does transaction code F mean in the Johnson Controls (JCI) CEO’s Form 4?
Transaction code F on the Form 4 indicates a payment of exercise price or tax liability by delivering securities. For Johnson Controls (JCI), the CEO used 3,625 Ordinary Shares to cover tax obligations tied to equity compensation, not to execute an open-market sale.