Johnson Controls (JCI) director receives 937 restricted share units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Controls International plc director Irene M. Esteves received an equity award of 937 ordinary shares. The shares were granted on June 8, 2026 at a stated price of $0.0000 per share, indicating a compensation-related grant rather than a market purchase.
The award is in the form of restricted share units that accrue dividend equivalent units and convert into ordinary shares upon vesting. After this grant, Esteves holds 937 ordinary shares directly, reflecting her initial reported ownership position in the company from this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ESTEVES IRENE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 937 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 937 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 937 shares
Transaction price per share: $0.0000 per share
Shares owned after transaction: 937 shares
3 metrics
RSU grant size
937 shares
Restricted share units granted on June 8, 2026
Transaction price per share
$0.0000 per share
Stated grant price for RSU award
Shares owned after transaction
937 shares
Total ordinary shares beneficially owned following grant
Key Terms
restricted share units, dividend equivalent units, vesting, grant, award, or other acquisition
4 terms
dividend equivalent units financial
"Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
vesting financial
"Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Johnson Controls (JCI) director Irene M. Esteves report in this Form 4?
Irene M. Esteves reported receiving 937 ordinary shares of Johnson Controls International as an equity award. The shares were granted as restricted share units that convert into ordinary shares upon vesting and include dividend equivalent units.
Was the Johnson Controls (JCI) Form 4 transaction a market buy or sell?
The Form 4 transaction was not a market buy or sell. It reflects a grant or award acquisition of 937 restricted share units, with a stated transaction price of $0.0000 per share, indicating compensation rather than an open-market trade.
Does this Johnson Controls (JCI) Form 4 indicate any derivative or option exercises?
No, this Form 4 does not report any derivative or option exercises. It only shows a single non-derivative transaction: a grant or award of 937 restricted share units that will convert into ordinary shares after vesting.