Form 4: Johnson Controls Executive Nathan Manning Sells 1,167 Shares
SEC Form 4 Filing
Nathan Manning, COO of Global Field Operations at Johnson Controls, sold 1,167 ordinary shares at $72.75 per share on September 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On September 3, 2024, Nathan Manning, the COO of Global Field Operations at Johnson Controls International plc, sold 1,167 ordinary shares of the company.
- The shares were sold at a price of $72.75 per share.
- Following the transaction, Manning directly owns 143,487.86 ordinary shares.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It is common for executives to have pre-arranged trading plans to sell shares over time.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 01/31/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 09/03/2024 | Date of transaction (sale of shares) |
| 09/04/2024 | Date of signature of the Form 4 filing |
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