secwatch.observer — SEC 8-K summary
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Issuer:     JETBLUE AIRWAYS CORP (JBLU)
CIK:        0001158463
Form:       8-K/A
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001158463-24-000008
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JetBlue finalizes CEO Joanna Geraghty's compensation; $700K base, 175% bonus target
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- Base salary $700,000; annual bonus target 175% of base salary (150% for Jan-Feb 2024).
- Term until Feb 12, 2028; severance under existing plan for termination without cause or resignation for good reason.
- Eligible for annual equity awards; continued flight benefits; indemnification and D&O insurance.
- One-year non-compete in commercial airline; non-solicitation of employees/customers; non-disparagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158463/000115846324000008/0001158463-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158463/000115846324000008/jblu-20240107.htm
  HTML page:      https://secwatch.observer/filing/0001158463-24-000008

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