Form 4: Jabil Inc. Executive Andrew Priestley Reports Stock Disposal
SEC Form 4 Filing
EVP Andrew Priestley of Jabil Inc. reports disposing of 1,218 shares of common stock to cover tax obligations.
Summary
- On July 20, 2024, Andrew Priestley, EVP of Global Business Units at Jabil Inc., disposed of 1,218 shares of Jabil's common stock.
- The transaction was executed at a price of $110.54 per share.
- This disposal was to cover tax obligations.
- Following the transaction, Priestley directly owns 52,296 shares of Jabil Inc.
- Priestley also acquired 97 shares on June 30, 2024, under the 2011 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations and employee stock purchase plan.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 30, 2024 | Andrew Priestley acquired 97 shares under the 2011 Employee Stock Purchase Plan. |
| July 20, 2024 | Andrew Priestley disposed of 1,218 shares of Jabil's common stock. |
| July 22, 2024 | Date of signature on the Form 4 filing. |
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