Form 4: Jabil Executive Berry Reports RSU Grants & Share Adjustments

Jabil Inc. SVP Adam E. Berry reported multiple restricted stock unit grants and related share adjustments, increasing his beneficial ownership to 21,414 shares.

Summary

• Adam E. Berry, SVP, IR and Communications at Jabil Inc., reported transactions on October 16, 2025, involving the acquisition and disposition of common stock.
• Received three grants of Restricted Stock Units (RSUs), each for 2,980 shares of Common Stock, totaling 8,940 shares.
• One RSU grant vests at a rate of 30% on the first anniversary, 30% on the second, and 40% on the third anniversary of the October 16, 2025 grant date.
• Two RSU grants are performance-based, vesting contingent on achieving specific criteria over a three-year period from September 1, 2025, to August 31, 2028; the reported 2,980 shares per grant represent the maximum potential if targets are met.
• Disposed of 95 shares from a performance-based RSU grant originally from October 20, 2022, as performance metrics were certified on October 16, 2025, but not at maximum.
• Disposed of a total of 514 shares (207 shares and 307 shares) at a price of $206.88 per share to cover tax withholding obligations related to RSU vesting.
• Beneficial ownership of Jabil Inc. Common Stock increased to 21,414 shares following these reported transactions.

Sentiment

Score: 7

Explanation: The filing details routine executive compensation activity, including significant RSU grants, which indicates ongoing alignment of executive incentives with company performance. While there are dispositions for tax and some performance targets not met at maximum, the overall sentiment is neutral to slightly positive due to the substantial equity grants.

Positives

• Significant grants of Restricted Stock Units (RSUs) totaling 8,940 shares, aligning executive incentives with long-term shareholder value.
• An increase in total beneficial ownership to 21,414 shares, demonstrating a continued executive stake in the company.
• The vesting of performance-based RSUs from a 2022 grant indicates that some performance metrics were achieved.

Negatives

• Disposition of 95 shares from a performance-based RSU grant due to not meeting maximum performance metrics, suggesting some targets were not fully achieved.
• Disposition of 514 shares for tax withholding purposes, which, while routine, represents a non-discretionary sale of company stock.

Future Outlook

The filing indicates future vesting events for the granted Restricted Stock Units, with some vesting on anniversaries of the grant date (October 16, 2025) and others based on performance criteria through August 31, 2028. This provides a forward look into executive compensation and incentive alignment.

Industry Context

This filing reflects routine executive compensation practices within publicly traded companies, where equity awards like Restricted Stock Units are commonly used to incentivize and retain key management personnel, aligning their interests with long-term shareholder value creation.

Corporate Governance

Related Party Transactions

• Grant of 8,940 Restricted Stock Units (RSUs) to Adam E. Berry, an SVP of Jabil Inc., under the company's 2021 Equity Incentive Plan.
• Disposition of 95 performance-based RSUs and 514 shares for tax withholding, all related to executive compensation and equity awards.

Stakeholder Impact

• Shareholders: The RSU grants align executive incentives with long-term shareholder value, potentially fostering sustained company performance.
• Employees (Executive): Adam E. Berry's compensation package is enhanced through these equity awards, providing a strong incentive for continued performance and retention.

Next Steps

• Future vesting of the granted Restricted Stock Units on the first, second, and third anniversaries of October 16, 2025.
• Assessment of performance-based criteria for the RSUs granted on October 16, 2025, over the period ending August 31, 2028.

Key Dates

Recommendation

This Form 4 details routine executive compensation, specifically grants of Restricted Stock Units (RSUs) and related tax withholdings. While the grants align executive incentives with shareholder interests, the filing does not contain information significant enough to alter a fundamental investment thesis. It reflects standard compensation practices rather than a material change in company operations or outlook.

Keywords

Jabil Inc, JBL, Adam E. Berry, Form 4, SEC filing, insider transaction, restricted stock units, RSU, equity compensation, beneficial ownership, stock grant, performance shares