JetBlue Airways Files 8-K: Director Changes & Officer Compensation Updates

Ticker: JBLU · Form: 8-K · Filed: 2024-05-23T00:00:00.000Z

Sentiment: neutral

Topics: governance, officer-compensation, board-changes

Related Tickers: JBLU

TL;DR

JetBlue's 8-K: Roth out, new directors in, exec pay changes filed.

AI Summary

On May 17, 2024, JetBlue Airways Corp. filed an 8-K report detailing several key events. These include the departure of director Steven G. Roth, the election of new directors, and updates to compensatory arrangements for certain officers. The filing also covers the submission of matters to a vote of security holders and the filing of financial statements and exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in board composition and executive compensation can indicate internal shifts that may affect future strategic decisions and financial performance.

Key Players & Entities

FAQ

Who has departed from JetBlue's board of directors?

Steven G. Roth has departed from JetBlue's board of directors.

What are the main items covered in this 8-K filing?

This 8-K filing covers the departure of directors, election of directors, appointment of officers, compensatory arrangements of certain officers, submission of matters to a vote of security holders, and financial statements and exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on May 17, 2024.

What is JetBlue Airways Corp.'s principal executive office address?

JetBlue Airways Corp.'s principal executive office is located at 27-01 Queens Plaza North, Long Island City, New York 11101.

What is JetBlue's IRS Employer Identification Number?

JetBlue's IRS Employer Identification Number is 87-0617894.

From the Filing

0001158463-24-000014.txt : 20240523 0001158463-24-000014.hdr.sgml : 20240523 20240523061007 ACCESSION NUMBER: 0001158463-24-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240517 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240523 DATE AS OF CHANGE: 20240523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JETBLUE AIRWAYS CORP CENTRAL INDEX KEY: 0001158463 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 870617894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49728 FILM NUMBER: 24975123 BUSINESS ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: 7182867900 MAIL ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 8-K 1 jblu-20240517.htm 8-K jblu-20240517 false 0001158463 0001158463 2024-05-17 2024-05-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 17, 2024 JETBLUE AIRWAYS CORP ORATION (Exact name of registrant as specified in its charter)   Delaware 000-49728 87-0617894 (State or other jurisdiction of incorporation)  (Commission File Number) (I.R.S. Employer Identification No.) 27-01 Queens Plaza North Long Island City New York 11101 (Address of principal executive offices)   (Zip Code) ( 718 ) 286-7900 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value JBLU The NASDAQ Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Plan Amendments The Board of Directors (the “Board”) of JetBlue Airways Corporation (“JetBlue” or the “Company”) previously adopted an amendment (the “Omnibus Plan Amendment”) to the JetBlue Airways Corporation 2020 Omnibus Equity Incentive Plan (the “Omnibus Plan”) and an amendment (the “Stock Purchase Plan Amendment”) to the JetBlue Airways Corporation 2020 Crewmember Stock Purchase Plan (the “2020 Stock Purchase Plan”), in each case subject to stockholder approval

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