JBLU JETBLUE AIRWAYS CORP

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 2/2 quarters. Q1 2018: $109M, Q1 2017: $13M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $109M vs trailing avg $13M (+738%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $122M / FCF $566M = 22% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 0 shares = 0.0% of 370,000,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

1 open-market purchase by BONEPARTH PETER

• BONEPARTH PETER () bought 50,000 shares at $4.12 on 2025-11-04

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 2 quarters but insufficient insider buying

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected