Form 4: Johnson Controls Executive VP John Donofrio Executes Stock Options and Sells Shares

Executive VP & General Counsel of Johnson Controls, John Donofrio, exercised stock options and sold a portion of the acquired shares on February 6, 2025.

Summary

• On February 6, 2025, John Donofrio, Executive VP & General Counsel of Johnson Controls International plc, exercised employee stock options to acquire 49,928 ordinary shares at a price of $33.39 per share.
• Simultaneously, Donofrio sold 69,746 ordinary shares at a weighted average price of $87.15, with prices ranging from $87.00 to $87.53.
• Following these transactions, Donofrio directly owns 28,542.871 ordinary shares.
• The employee stock options were granted on December 6, 2020, and become exercisable in two tranches: 50% on the second anniversary and the remaining 50% on the third anniversary of the grant, subject to certain acceleration and forfeiture provisions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

Executive stock option exercises and sales are a common occurrence in publicly traded companies and are often related to personal financial planning.

Comparison to Industry Standards

• Executive compensation packages often include stock options to align management's interests with those of shareholders.
• The vesting schedules and exercise prices are typical for such arrangements.
• Comparing Donofrio's transactions to those of executives at similar companies like Honeywell (HON) or Siemens (SIEGY) would provide further context.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.

Key Dates

Keywords

Form 4, Johnson Controls, Stock Options, Share Sale, Executive VP, John Donofrio, Beneficial Ownership, JCI