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    New insider Gudmundsson Olafur S claimed ownership of 46,208 shares (SEC Form 3)

    1/6/25 5:36:28 PM ET
    $JBT
    Industrial Machinery/Components
    Industrials
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    SEC FORM 3 SEC Form 3
    FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0104
    Estimated average burden
    hours per response: 0.5
    1. Name and Address of Reporting Person*
    Gudmundsson Olafur S

    (Last) (First) (Middle)
    JBT MAREL CORPORATION
    70 WEST MADISON SUITE 4400

    (Street)
    CHICAGO IL 60602

    (City) (State) (Zip)
    2. Date of Event Requiring Statement (Month/Day/Year)
    01/02/2025
    3. Issuer Name and Ticker or Trading Symbol
    JBT Marel Corp [ JBTM ]
    4. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    X Director 10% Owner
    Officer (give title below) Other (specify below)
    5. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Beneficially Owned
    1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
    Common Stock 38,080 D
    Common Stock 8,128 I By Noruz ehf(1)
    Table II - Derivative Securities Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
    Date Exercisable Expiration Date Title Amount or Number of Shares
    Explanation of Responses:
    1. Reflects shares directly held by Noruz ehf. 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.
    Remarks:
    Exhibit List: Exhibit 24 - Power of Attorney
    /s/ James L. Marvin, attorney-in-fact 01/06/2025
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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