Form 4: Jabil Inc. EVP, Operations Frederic E. McCoy Reports Stock Disposal
SEC Form 4 Filing
Frederic E. McCoy, EVP of Operations at Jabil Inc., disposed of 2,361 shares of common stock on October 16, 2024, to cover tax obligations.
Summary
- On October 16, 2024, Frederic E. McCoy, the EVP of Operations at Jabil Inc., disposed of 2,361 shares of Jabil's common stock.
- The transaction was executed at a price of $124.26 per share.
- Following the transaction, McCoy directly owns 106,392 shares of Jabil Inc.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction (stock disposal for tax purposes) by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of stock disposal transaction |
| 10/18/2024 | Date of Form 4 filing |
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