Carl Icahn Reduces JetBlue Stake Below 5% Threshold

Carl C. Icahn and associated reporting entities filed Amendment No. 6 to their Schedule 13D for JetBlue Airways Corp (JBLU), disclosing a significant reduction in their position. As of August 18, 2026, the reporting persons ceased to be beneficial owners of more than 5% of the company's outstanding common stock. Following a series of open-market sales between August 17 and August 20, 2026, the aggregate ownership decreased to 12,528,346 shares, representing approximately 3.32% of the class. The transactions included a internal contribution of 10,167,730 shares from Icahn Partners Master Fund LP to Icahn Partners LP on August 16, followed by four consecutive days of market sales by Icahn Partners LP. Sale prices ranged from $5.28 down to $4.73 per share. Consequently, the reporting group is no longer subject to the reporting requirements of Rule 13d-1(a) of the Exchange Act. Major entities involved in the filing include Icahn Partners LP, Icahn Enterprises Holdings L.P., and Beckton Corp., all controlled by Carl C. Icahn.