Form 4: Johnson Controls Director Patrick Decker Acquires Shares Through Restricted Share Units
SEC Form 4 Filing
Director Patrick Decker acquired 1,557 ordinary shares of Johnson Controls International plc through a grant of restricted share units on August 2, 2024.
Summary
- On August 2, 2024, Patrick Decker, a director of Johnson Controls International plc, acquired 1,557 ordinary shares.
- The acquisition was a result of a grant of restricted share units at a price of $67.42 per share.
- Following the transaction, Mr. Decker directly owns 1,557 ordinary shares.
- Leanne Michels, acting as attorney-in-fact, signed the Form 4 on August 5, 2024.
- A power of attorney is in place, authorizing Leanne Michels, Richard Dancy, and John Donofrio to execute Forms 3, 4, and 5 on behalf of Patrick Decker.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of share acquisition by a director, which doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transaction: Patrick Decker acquired 1,557 ordinary shares through restricted share units. |
| 08/05/2024 | Date of signature: Leanne Michels, attorney-in-fact, signed the Form 4. |
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