Form 4: Johnson Controls Executive Daniel McConeghy Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Daniel McConeghy, VP Chief Accounting & Tax Officer at Johnson Controls International plc, reported the disposition of 374 ordinary shares to cover tax obligations.

Summary

  • On December 18, 2024, Daniel C. McConeghy, VP Chief Accounting & Tax Officer of Johnson Controls International plc, disposed of 374 ordinary shares.
  • The transaction was executed at a price of $78.82 per share.
  • This disposition was related to covering tax obligations.
  • Following the transaction, McConeghy directly owns 26,641.73 ordinary shares and indirectly owns 2,510.5 shares through a 401k plan trustee.

Sentiment

Score: 5

Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a transaction by an officer of Johnson Controls, which is typical and expected.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an officer to cover tax obligations.

Key Dates

DateDescription
12/18/2024Date of the stock transaction (disposal of shares).
12/19/2024Date of signature on the Form 4 filing.

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