Form 4: Jabil Executive Andrew Priestley Sells Over $2.8 Million in Company Stock
Insider Transaction Report
Andrew Priestley, Executive Vice President of Global Business Units at Jabil Inc., reported the sale of 13,913 shares of common stock on June 18, 2025, totaling approximately $2.83 million.
Summary
- Andrew Priestley, EVP, Global Business Units at Jabil Inc. (JBL), reported two separate sales of common stock on June 18, 2025.
- The first transaction involved the sale of 4,580 shares at a price of $199.446 per share.
- The second transaction involved the sale of 9,333 shares at a price of $205 per share.
- The total number of shares sold across both transactions was 13,913, with a combined value of approximately $2,826,864.48.
- Following these reported transactions, Mr. Priestley beneficially owns 53,528 shares of Jabil common stock.
- The filing also noted that 115 shares were acquired on December 31, 2024, under the 2011 Employee Stock Purchase Plan of Jabil Inc.
Sentiment
Score: 3
Explanation: The sentiment is moderately negative as a high-ranking executive's sale of a significant number of shares can be interpreted by the market as a lack of confidence or a move to diversify, potentially impacting investor perception.
Negatives
- A high-ranking executive, Andrew Priestley, sold a significant number of shares (13,913) of Jabil Inc. common stock.
- The sales resulted in a reduction of the executive's direct beneficial ownership in the company.
Future Outlook
No future outlook or guidance is provided in this Statement of Changes in Beneficial Ownership (Form 4).
Industry Context
This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The sale by a key executive may lead to concerns about insider confidence and could potentially influence investor sentiment and the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | 115 shares acquired under the 2011 Employee Stock Purchase Plan of Jabil Inc. |
| 06/18/2025 | Date of stock sales by Andrew Priestley. |
| 06/20/2025 | Date the Form 4 was signed by Lisa N. Clark, Attorney-in-Fact. |
Recommendation
holdKeywords
Jabil Inc., JBL, SEC Form 4, insider trading, stock sale, executive compensation, Andrew Priestley, beneficial ownership
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