Form 4: Johnson Controls Executive Nathan Manning Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Nathan Manning, VP and President BSNA at Johnson Controls International plc, sold 1,421 ordinary shares at $76.44 per share on February 3, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 3, 2025, Nathan D Manning, VP, President BSNA of Johnson Controls International plc, sold 1,421 ordinary shares.
- The sale was executed at a price of $76.44 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on September 12, 2024.
- Following the transaction, Manning directly owns 148,346 ordinary shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was part of a pre-planned trading arrangement. It doesn't necessarily reflect a positive or negative outlook on the company's future.
Industry Context
Sales by company insiders are a common occurrence and are often pre-planned through Rule 10b5-1 trading plans to avoid accusations of trading on non-public information. The market typically views these sales in the context of the overall trading plan and the insider's remaining holdings.
Key Dates
| Date | Description |
|---|---|
| 2024-09-12 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-03 | Date of transaction: Sale of ordinary shares |
| 2025-02-04 | Date of signature of the Form 4 filing |
Keywords
Form 4, Johnson Controls, Insider Trading, Nathan Manning, 10b5-1 Plan, Share Sale, JCI
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