Form 4: Jabil CIO Receives New Stock Grants, Vests Prior Awards

Jabil Inc.'s SVP and Chief Information Officer, May Yee Yap, reported the acquisition of new Restricted Stock Units and the vesting of previously granted performance-based awards.

Summary

• May Yee Yap, SVP, Chief Information Officer of Jabil Inc. (JBL), reported transactions involving the company's common stock.
• Acquired 2,980 Restricted Stock Units (RSUs) on October 16, 2025, which are time-based and vest 30%/30%/40% over three years from the grant date.
• Acquired two tranches of 2,980 Restricted Stock Units (RSUs) each on October 16, 2025, which are performance-based and vest contingent on achieving specific criteria during the period from September 1, 2025, to August 31, 2028. The reported number represents the maximum potential shares.
• Disposed of 330 performance-based Restricted Stock Units on October 16, 2025, which were originally granted on October 20, 2022. These units were certified to have satisfied performance metrics but not at the maximum level.
• Following these transactions, the reporting person beneficially owns 34,279 shares of Jabil Inc. Common Stock.
• The beneficial ownership total includes 87 shares acquired on June 30, 2025, under the 2011 Employee Stock Purchase Plan.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. The executive received significant new equity grants, which is a positive for their compensation and alignment with company performance. However, the 'not at maximum' vesting of a prior performance award introduces a slight negative nuance, indicating that some performance targets were not fully achieved for that specific tranche.

Positives

• The reporting person received new grants of 8,940 Restricted Stock Units (RSUs), aligning executive compensation with future company performance and shareholder interests.
• A portion of previously granted performance-based RSUs (330 shares) vested, indicating that certain performance targets were met.

Negatives

• The vesting of 330 performance-based RSUs was certified as having satisfied performance metrics, but 'not at maximum,' suggesting that the highest performance targets for that specific award were not fully achieved.

Risks

• Future vesting of performance-based Restricted Stock Units is contingent on achieving specific performance criteria, which may not be fully met, potentially resulting in fewer shares being issued than the maximum reported.
• The value of the vested and granted shares is subject to the market price fluctuations of Jabil Inc. common stock.

Future Outlook

The newly granted time-based Restricted Stock Units are scheduled to vest at a rate of 30% on the first anniversary, 30% on the second anniversary, and 40% on the third anniversary of the October 16, 2025 grant date. The performance-based Restricted Stock Units will vest based on the achievement of specific criteria during the three-year period from September 1, 2025, to August 31, 2028.

Industry Context

This filing represents a routine disclosure of executive compensation in the form of equity awards, a common practice across publicly traded companies to incentivize and retain key management personnel. The mix of time-based and performance-based RSUs is a standard approach to align executive interests with long-term shareholder value and operational performance.

Stakeholder Impact

• Shareholders: The granting of RSUs aligns the interests of the SVP, Chief Information Officer with long-term shareholder value, as the value of these awards is tied to the company's stock performance.
• Employees: This filing reflects standard executive compensation practices, which can influence overall compensation strategies and morale within the company.

Next Steps

• The time-based Restricted Stock Units granted on October 16, 2025, will vest in tranches on the first, second, and third anniversaries of the grant date.
• The performance-based Restricted Stock Units granted on October 16, 2025, will vest based on the achievement of performance criteria over the period ending August 31, 2028.

Key Dates

Keywords

Jabil Inc, JBL, Form 4, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, Stock Grant, Performance Shares, Beneficial Ownership