Form 4: Jabil Executive Sells Shares for Tax Obligations

Jabil Inc. EVP Steven D. Borges disposed of 2,055 shares of common stock to cover tax withholding obligations at a price of $209.34 per share.

Summary

• Steven D. Borges, Executive Vice President of Global Business Units at Jabil Inc. (JBL), reported two dispositions of common stock.
• On October 19, 2025, Mr. Borges disposed of 526 shares of Jabil common stock.
• On October 20, 2025, an additional 1,529 shares of Jabil common stock were disposed of.
• Both transactions were coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• The price per share for both dispositions was $209.34.
• Following the October 19, 2025 transaction, Mr. Borges beneficially owned 104,534 shares.
• Following the October 20, 2025 transaction, Mr. Borges beneficially owned 103,005 shares.
• The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The sentiment is neutral as this Form 4 reports a routine, non-discretionary transaction (disposition for tax withholding) that does not reflect a change in the executive's investment sentiment or the company's operational performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Dispositions of shares by executives to cover tax withholding obligations upon the vesting of equity awards are routine and common across all industries for publicly traded companies. This is a standard practice for managing executive compensation and tax liabilities associated with equity grants.

Comparison to Industry Standards

• The reported transactions are consistent with standard practices for executive equity compensation and tax management in publicly traded companies globally.
• The 'F' transaction code specifically denotes a non-discretionary disposition to cover tax liabilities, which is a common feature of equity compensation plans (e.g., Restricted Stock Units vesting) across various sectors, including technology and manufacturing services where Jabil operates.
• Comparable companies often see similar Form 4 filings from their executives when equity awards vest, indicating a routine administrative event rather than a strategic investment decision.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, non-discretionary tax-related dispositions and do not signal a change in the executive's confidence or company fundamentals.
• Employees: No direct impact.

Key Dates

Keywords

Jabil, JBL, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Executive Compensation, Steven D. Borges, Equity Awards