Form 4: Johnson Controls Executive Sells Shares Under 10b5-1 Trading Plan

Nathan D. Manning, a VP and President at Johnson Controls International plc, sold 1,422 ordinary shares at $79.72 per share on April 1, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 1, 2025, Nathan D. Manning, a VP and President at Johnson Controls International plc, sold 1,422 ordinary shares of the company.
• The sale was executed at a price of $79.72 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on September 12, 2024.
• Following the transaction, Manning directly owns 145,502 ordinary shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider share sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. Insiders often use 10b5-1 plans to sell shares over time to avoid accusations of trading on material non-public information. It's common practice among executives at publicly traded companies.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, insider trading, share sale, Johnson Controls, JCI, Nathan Manning, 10b5-1 plan, ordinary shares