McCarthy Eileen P 4
4 · JETBLUE AIRWAYS CORP · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
JetBlue (JBLU) GC Eileen McCarthy Receives RSU Award; Shares Withheld
What Happened
- Eileen P. McCarthy, General Counsel and Corporate Secretary of JetBlue Airways (JBLU), received a grant of 110,619 restricted stock units (RSUs) on March 10, 2026. The filing also shows a conversion/exercise of 27,277 derivative units into shares on the same date, and 10,993 shares were withheld to cover tax obligations (withholding valued at $4.52 per share, totaling $49,688).
- This is primarily an award/vesting event (not an open-market purchase or a voluntary sale). The transactions reflect RSU activity and tax withholding rather than a market-directional trade.
Key Details
- Transaction date: March 10, 2026; Form filed March 12, 2026 (timely).
- Grant: 110,619 RSUs granted (derivative instrument).
- Conversion/Exercise: 27,277 derivative units converted/exercised on March 10, 2026; the filing also lists a matching disposition entry for 27,277 shares.
- Tax withholding: 10,993 shares were automatically withheld/returned to JetBlue to satisfy tax obligations at $4.52 per share (total $49,688) (Footnote F2).
- Vesting schedule: The 110,619 RSUs vest in equal annual installments over three years (footnotes F3 and F4; vesting measured from March 10, 2025).
- Shares owned after the transaction: Not specified in this Form 4.
Context
- These entries reflect RSU grant and vesting mechanics. Upon vesting, each RSU converts into one share (Footnote F1). The withholding of shares to cover taxes is a routine administrative step (not an open-market sale).
- For retail investors: awards and scheduled vesting are common compensation events and do not necessarily indicate insider buying or selling intent.
Insider Transaction Report
Form 4
McCarthy Eileen P
General Counsel Corp Sec
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-10+27,277→ 46,685 total - Tax Payment
Common Stock
[F2]2026-03-10$4.52/sh−10,993$49,688→ 35,692 total - Award
Restricted Stock Units
[F1][F3]2026-03-10+110,619→ 110,619 total→ Common Stock (110,619 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-10−27,277→ 54,556 total→ Common Stock (27,277 underlying)
Footnotes (4)
- [F1]Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
- [F2]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.
- [F3]Represents restricted stock units granted on March 10, 2026, which vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.
- [F4]The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of March 10, 2025.
Signature
/s/ Shannon Collins, Attorney-in-Fact|2026-03-12