Form 4: Jabil Inc. Executive Frederic E. McCoy Reports Sale of Common Stock
SEC Form 4
EVP of Operations at Jabil Inc., Frederic E. McCoy, reports selling 1,250 shares of common stock at a price of $116.419 per share on July 15, 2024.
Summary
- On July 15, 2024, Frederic E. McCoy, EVP of Operations at Jabil Inc., sold 1,250 shares of Jabil Inc. common stock.
- The sale price was $116.419 per share.
- Following the transaction, McCoy directly owns 112,753 shares of Jabil Inc. common stock.
- 97 shares were acquired on June 30, 2024, under the 2011 Employee Stock Purchase Plan of Jabil Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale by an executive. The sale doesn't appear to be a significant portion of their holdings.
Positives
- The reporting person participates in the 2011 Employee Stock Purchase Plan of Jabil Inc., indicating a belief in the company's long-term value.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. It's important to consider the size of the sale relative to the executive's total holdings. A small sale is less likely to be indicative of a negative outlook than a large one.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | 97 shares acquired under the 2011 Employee Stock Purchase Plan of Jabil Inc. |
| 07/15/2024 | Sale of 1,250 shares of common stock at $116.419 per share. |
| 07/17/2024 | Date of signature for the Form 4 filing. |
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