Form 4: Johnson Controls Executive Sells Shares in Open Market Transaction

Marlon Sullivan, EVP and CHRO of Johnson Controls, sold 7,230 ordinary shares at an average price of $83.3479 on December 11, 2024.

Summary

• Marlon Sullivan, an Executive Vice President and Chief Human Resources Officer at Johnson Controls International plc, sold 7,230 ordinary shares of the company.
• The sale occurred on December 11, 2024.
• The shares were sold at a weighted average price of $83.3479 per share.
• The sale was executed in multiple transactions with prices ranging from $83.27 to $83.4022.
• Following the transaction, Sullivan directly owns 32,245.78 ordinary shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. There is no indication of positive or negative sentiment, it is a neutral event.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who trade company stock. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by executives at companies like Honeywell, Siemens, and Schneider Electric, which are competitors of Johnson Controls.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is generally considered a normal part of executive compensation and portfolio management.

Key Dates

Keywords

Johnson Controls, JCI, share sale, insider trading, executive, Marlon Sullivan, CHRO, ordinary shares