Form 4: Jabil EVP Priestley Boosts Stake with RSU Vesting

Jabil Inc. Executive Vice President Andrew Priestley reported an increase in his beneficial ownership of common stock following the vesting of restricted stock units.

Summary

• Andrew Priestley, Executive Vice President of Global Business Units at Jabil Inc., reported multiple transactions on October 16, 2025.
• He acquired a total of 13,900 shares of common stock through the vesting of Restricted Stock Units (RSUs), comprising 11,120 performance-based RSUs and 2,780 time-based RSUs.
• A disposition of 503 shares was reported, related to a performance-based RSU grant from October 20, 2022, which was certified on October 16, 2025, but did not meet maximum performance metrics.
• He also disposed of 4,417 shares at a price of $206.88 per share to cover tax withholding obligations associated with the RSU vesting.
• Following these transactions, Priestley's direct beneficial ownership of Jabil common stock increased by a net of 8,980 shares, reaching a total of 53,813 shares.

Sentiment

Score: 6

Explanation: The filing indicates a net increase in executive beneficial ownership, which is generally a positive signal of alignment, though it's a routine compensation event. The slight negative is that some performance targets were not met at maximum.

Positives

• Executive Andrew Priestley's beneficial ownership of Jabil common stock increased by 8,980 shares to 53,813 shares, indicating continued alignment with shareholder interests.
• The vesting of performance-based RSUs suggests the achievement of certain company performance criteria.

Negatives

• A portion of performance-based RSUs from a 2022 grant (503 shares) did not vest at maximum, indicating some performance targets were not fully met.

Risks

• Future vesting of 11,120 performance-based RSUs is contingent on the achievement of specific performance criteria during the three-year period beginning September 1, 2025, and ending on August 31, 2028.

Future Outlook

Future vesting of restricted stock units is scheduled, with 2,780 time-based RSUs vesting over three years from October 16, 2025 (30% on the first anniversary, 30% on the second, and 40% on the third), and 11,120 performance-based RSUs vesting based on criteria achieved between September 1, 2025, and August 31, 2028.

Industry Context

This filing is a routine disclosure of executive stock transactions and does not provide broader industry context or competitive analysis.

Stakeholder Impact

• Shareholders: Increased executive ownership aligns interests, but new share issuance for RSU vesting can cause minor dilution.
• Employees: Standard executive compensation practices are being followed.

Next Steps

• Continued vesting of time-based RSUs on the first, second, and third anniversaries of October 16, 2025.
• Evaluation of performance-based criteria for RSUs during the period ending August 31, 2028.

Key Dates

Keywords

Jabil Inc., JBL, Andrew Priestley, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Beneficial Ownership