Form 4: Johnson Controls Executive Lei Zhang Schlitz Reports Share Transactions
SEC Form 4 Filing
Lei Zhang Schlitz, a VP & President at Johnson Controls International plc, reported the acquisition of 40,789 ordinary shares and disposal of 122,278.59 shares on August 2, 2024.
Summary
- Lei Zhang Schlitz, a VP & President at Johnson Controls International plc, filed a Form 4 detailing changes in beneficial ownership.
- On August 2, 2024, Schlitz acquired 40,789 ordinary shares.
- On August 2, 2024, Schlitz disposed of 122,278.59 ordinary shares.
- Following these transactions, Schlitz directly owns 122,278.59 ordinary shares.
- The acquired shares represent restricted share units that vest on the second anniversary of the grant date and accrue dividend equivalent units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- Shareholders are informed about insider transactions, which can influence their perception of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of the reported transactions: acquisition of 40,789 ordinary shares and disposal of 122,278.59 ordinary shares. |
| 08/05/2024 | Date of signature on the report. |
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