Form 4: JetBlue CFO Ursula Hurley Reports Stock Transactions
SEC Form 4 Filing
Ursula Hurley, CFO of JetBlue Airways, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Ursula Hurley, Chief Financial Officer of JetBlue Airways, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On April 11, 2024, Ms. Hurley vested 61,291 restricted stock units (RSUs), each convertible into one share of common stock.
- Also on April 11, 2024, 31,290 shares were withheld to cover tax obligations at a price of $6.83 per share.
- Following these transactions, Ms. Hurley directly owns 51,080 shares of JetBlue common stock and 122,584 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 04/11/2023 | Vesting commencement date for restricted stock units. |
| 04/11/2024 | Date of RSU vesting and tax withholding. |
| 04/15/2024 | Date of Form 4 filing. |
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