Johnson Controls International plc DEF 14A Filing

Ticker: JCI · Form: DEF 14A · Filed: 2024-01-19T00:00:00.000Z

Sentiment: neutral

Topics: DEF 14A, Johnson Controls, Executive Compensation, Stock Awards, Proxy Statement

TL;DR

<b>Johnson Controls International plc files its Definitive Proxy Statement for the fiscal year ending September 30, 2023.</b>

AI Summary

Johnson Controls International plc (JCI) filed a Proxy Statement (DEF 14A) with the SEC on January 19, 2024. The filing is a Definitive Proxy Statement (DEF 14A) for Johnson Controls International plc. The reporting period for the proxy statement is for the fiscal year ending September 30, 2023. The filing includes data related to stock and option awards for both PEO and Non-PEO members. It details changes in the fair value of outstanding unvested stock and option awards. The document also covers actuarial present value of accumulated benefit and pension plan costs.

Why It Matters

For investors and stakeholders tracking Johnson Controls International plc, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation, stock awards, and pension benefits, enabling informed voting decisions. The detailed breakdown of stock and option award values, including changes and forfeitures, offers insight into the company's incentive structures and potential future dilution.

Risk Assessment

Risk Level: low — Johnson Controls International plc shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

Analyst Insight

Review the executive compensation details and stock award valuations to understand potential impacts on shareholder value and dilution.

Key Numbers

2024-03-13 — Conformed Period of Report (Fiscal year end)
2024-01-19 — Filed as of Date (Date of filing)
0930 — Fiscal Year End (Company's fiscal year end month and day)

Key Players & Entities

Johnson Controls International plc (company) — Filer of the DEF 14A
TYCO INTERNATIONAL plc (company) — Former name of Johnson Controls International plc
TYCO INTERNATIONAL LTD (company) — Former name of Johnson Controls International plc

FAQ

When did Johnson Controls International plc file this DEF 14A?

Johnson Controls International plc filed this Proxy Statement (DEF 14A) with the SEC on January 19, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Johnson Controls International plc (JCI).

Where can I read the original DEF 14A filing from Johnson Controls International plc?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Johnson Controls International plc.

What are the key takeaways from Johnson Controls International plc's DEF 14A?

Johnson Controls International plc filed this DEF 14A on January 19, 2024. Key takeaways: The filing is a Definitive Proxy Statement (DEF 14A) for Johnson Controls International plc.. The reporting period for the proxy statement is for the fiscal year ending September 30, 2023.. The filing includes data related to stock and option awards for both PEO and Non-PEO members..

Is Johnson Controls International plc a risky investment based on this filing?

Based on this DEF 14A, Johnson Controls International plc presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

What should investors do after reading Johnson Controls International plc's DEF 14A?

Review the executive compensation details and stock award valuations to understand potential impacts on shareholder value and dilution. The overall sentiment from this filing is neutral.

How does Johnson Controls International plc compare to its industry peers?

Johnson Controls International plc operates in the building efficiency and industrial refrigeration equipment sector.

Are there regulatory concerns for Johnson Controls International plc?

The DEF 14A filing is a requirement under the Securities Exchange Act of 1934, mandating public companies to provide detailed information to shareholders before annual meetings.

Industry Context

Johnson Controls International plc operates in the building efficiency and industrial refrigeration equipment sector.

Regulatory Implications

The DEF 14A filing is a requirement under the Securities Exchange Act of 1934, mandating public companies to provide detailed information to shareholders before annual meetings.

What Investors Should Do

Analyze executive compensation packages and stock award details.
Review shareholder proposals and voting recommendations.
Assess the company's corporate governance practices outlined in the filing.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document. Specific comparative data from the previous filing is not directly extractable from this header information.

From the Filing

0001193125-24-011239.txt : 20240119 0001193125-24-011239.hdr.sgml : 20240119 20240119160621 ACCESSION NUMBER: 0001193125-24-011239 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 95 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240119 DATE AS OF CHANGE: 20240119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Johnson Controls International plc CENTRAL INDEX KEY: 0000833444 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13836 FILM NUMBER: 24545627 BUSINESS ADDRESS: STREET 1: ONE ALBERT QUAY STREET 2: ALBERT QUAY CITY: CORK STATE: L2 ZIP: 00000 BUSINESS PHONE: 414-524-1200 MAIL ADDRESS: STREET 1: 5757 N. GREEN BAY AVENUE STREET 2: P.O. BOX 591 CITY: MILWAUKEE STATE: WI ZIP: 53201 FORMER COMPANY: FORMER CONFORMED NAME: TYCO INTERNATIONAL plc DATE OF NAME CHANGE: 20141117 FORMER COMPANY: FORMER CONFORMED NAME: TYCO INTERNATIONAL LTD DATE OF NAME CHANGE: 20100408 FORMER COMPANY: FORMER CONFORMED NAME: TYCO INTERNATIONAL LTD /BER/ DATE OF NAME CHANGE: 19970715 DEF 14A 1 d554585ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false JOHNSON CONTROLS INTERNATIONAL PLC 0000833444 0000833444 2022-10-01 2023-09-30 0000833444 2021-10-01 2022-09-30 0000833444 2020-10-01 2021-09-30 0000833444 jci:StockAndOptionAwardValuesReportedInSctMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:FairValueForStockAndOptionAwardsMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:ChangeInFairValueOfOutstandingUnvestedStockAndOptionAwardsMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:FairValueAsOfVestingDateForAwardsGrantedMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:ChangeInFairValueOfStockAndOptionAwardsFromPriorYearsMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:FairValueOfStockAndOptionAwardsForfeitedDuringTheCoveredYearMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:ChangeInActuarialPresentValueOfAccumulatedBenefitMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:AverageAggregateServiceCostAndPriorServiceCostForPensionPlansMember ecd:NonPeoNeoMember 2020-10-01 2021-09-30 0000833444 jci:StockAndOptionAwardValuesReportedInSctMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:FairValueForStockAndOptionAwardsMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:ChangeInFairValueOfOutstandingUnvestedStockAndOptionAwardsMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:FairValueAsOfVestingDateForAwardsGrantedMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:ChangeInFairValueOfStockAndOptionAwardsFromPriorYearsMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:FairValueOfStockAndOptionAwardsForfeitedDuringTheCoveredYearMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:ChangeInActuarialPresentValueOfAccumulatedBenefitMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:AverageAggregateServiceCostAndPriorServiceCostForPensionPlansMember ecd:PeoMember 2020-10-01 2021-09-30 0000833444 jci:StockAndOptionAwardValuesReportedInSctMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:FairValueForStockAndOptionAwardsMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:ChangeInFairValueOfOutstandingUnvestedStockAndOptionAwardsMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:FairValueAsOfVestingDateForAwardsGrantedMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:ChangeInFairValueOfStockAndOptionAwardsFromPriorYearsMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:FairValueOfStockAndOptionAwardsForfeitedDuringTheCoveredYearMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:ChangeInActuarialPresentValueOfAccumulatedBenefitMember ecd:NonPeoNeoMember 2021-10-01 2022-09-30 0000833444 jci:Averag