Olafur S. Gudmundsson - Mar 27, 2025 Form 4 Insider Report for JBT Marel Corp (JBTM)

Role: Director
Signature: /s/ James L. Marvin, attorney-in-fact
Stock symbol: JBTM
Transactions as of: Mar 27, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/31/2025, 04:43 PM
Previous filing: Jan 6, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JBTM	Common Stock	Other		+98.4K	+1210.72%		107K	Mar 27, 2025	By Noruz ehf	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares of common stock of the Issuer received by Noruz ehf ("Noruz") in connection with a pro rata in-kind distribution for no consideration by Eyrir Invest hf. ("Eyrir") to its shareholders. Noruz ehf is wholly owned by Noruz US Holdings, Inc., which is wholly owned by Noruz Holdings LLC, in which the Reporting Person owns 1 percent of the membership interest and an irrevocable family trust (the "Trust") owns 99 percent. The assets of the Trust are held for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is a trustee of the Trust.
F2	The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

Reflects shares of common stock of the Issuer received by Noruz ehf ("Noruz") in connection with a pro rata in-kind distribution for no consideration by Eyrir Invest hf. ("Eyrir") to its shareholders. Noruz ehf is wholly owned by Noruz US Holdings, Inc., which is wholly owned by Noruz Holdings LLC, in which the Reporting Person owns 1 percent of the membership interest and an irrevocable family trust (the "Trust") owns 99 percent. The assets of the Trust are held for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is a trustee of the Trust.

The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.