Form 4: Johnson Controls EVP and CFO Sells Shares Under 10b5-1 Trading Plan

Marc Vandiepenbeeck, EVP and CFO of Johnson Controls, sold 186 ordinary shares at $78.6 per share on December 20, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Marc Vandiepenbeeck, the Executive Vice President and Chief Financial Officer of Johnson Controls International plc, sold 186 ordinary shares of the company.
• The sale occurred on December 20, 2024, at a price of $78.6 per share.
• This transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on August 8, 2023.
• Following the transaction, Mr. Vandiepenbeeck directly owns 91,371.53 ordinary shares.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding an executive's share sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for executives who have pre-arranged trading plans. It does not necessarily indicate a change in the company's outlook or performance.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive trading activity.
• The use of a 10b5-1 trading plan is a common method for executives to avoid accusations of insider trading, and many companies and executives use these plans.

Stakeholder Impact

• The share sale by an executive may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the stock price given the small number of shares sold and the pre-arranged nature of the transaction.

Key Dates

Keywords

Johnson Controls, JCI, insider trading, Form 4, 10b5-1, share sale, executive, CFO, Marc Vandiepenbeeck