Form 4: Johnson Controls Executive Sells Shares on February 6, 2025
SEC Form 4 Filing
Daniel C. McConeghy, VP Chief Accounting & Tax Officer of Johnson Controls International plc, sold 1,950 ordinary shares at an average price of $87.73 on February 6, 2025.
Summary
- On February 6, 2025, Daniel C. McConeghy, VP Chief Accounting & Tax Officer of Johnson Controls International plc, sold 1,950 ordinary shares.
- The shares were sold at a weighted average price of $87.73, with individual transactions ranging from $87.64 to $87.84.
- Following the transaction, McConeghy directly owns 24,803.11 ordinary shares and indirectly owns 2,560.97 shares through a 401k plan trustee.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects. However, single transactions are not necessarily indicative of a trend.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of the transaction: Sale of ordinary shares. |
| 02/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Johnson Controls International plc, JCI, Daniel C. McConeghy, Share Sale, Insider Trading, Securities Exchange Act, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.