secwatch.observer — SEC 8-K summary
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Issuer:     Johnson Controls International plc (JCI)
CIK:        0000833444
Form:       8-K
Filed at:   2026-05-13T20:39:55+00:00
Accession:  0000833444-26-000058
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Controls adopts 5-year Value Growth Incentive Program for CEO, CFO, CHRO
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- New long-term program (FY2026–FY2030) ties options to aggressive net sales and market cap growth goals.
- CEO Joakim Weidemanis granted $10.5M target grant date fair value; CFO and CHRO each $5.3M.
- Options vest only if Performance Goals are met; exercise window from Oct 2030 to Sep 2032.
- Awards forfeited on termination for poor performance or retirement before performance period ends.
- Program aims to retain critical executives and drive value creation beyond current incentive plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833444/000083344426000058/0000833444-26-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833444/000083344426000058/jci-20260511.htm
  HTML page:      https://secwatch.observer/filing/0000833444-26-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer