Jewett Ellen 4

What Happened Ellen Jewett, a director of JetBlue Airways (JBLU), on 2026-03-10 exercised/converted 22,094 derivative instruments and the same 22,094 shares were reported as disposed the same day. On that date she was also granted 29,867 restricted stock units (RSUs) (reported as a derivative acquisition). The filing lists no per-share prices or total dollar values (N/A).

Key Details

• Transactions date: March 10, 2026; Form 4 filed March 12, 2026 (timely).
• Codes: M = exercise/conversion of derivative (22,094 shares acquired then disposed); A = award/grant of derivative (29,867 RSUs acquired).
• Price/value: Not disclosed in the filing (marked N/A).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — RSUs convert 1:1 to common stock upon vesting. F2/F3 — director RSUs vest on the one‑year anniversaries of the grant dates cited (March 10, 2026 and March 10, 2025).
• Filing timeliness: Filed within the Section 16 reporting window (not marked late).

Context The pattern—exercise/conversion followed immediately by disposal—often reflects a cash‑less exercise or an immediate sale to cover tax withholding, rather than a buy signal. The 29,867 RSU grant is a deferred equity award that vests per the footnotes on the stated one‑year schedule, so those shares are not currently tradable. For retail investors, this filing is primarily administrative (exercise/sale and a future‑vesting award) rather than a clear insider purchase indicating new bullish conviction.