Form 4: Jabil Inc. Executive Gary K. Schick Reports Stock Disposal
SEC Form 4 Filing
Gary K. Schick, SVP, CHRO of Jabil Inc., reported the disposal of 308 shares of common stock to cover tax obligations.
Summary
- On October 16, 2024, Gary K. Schick, SVP, CHRO of Jabil Inc., disposed of 308 shares of Jabil's common stock.
- The transaction was executed at a price of $124.26 per share.
- This disposal was likely to cover tax obligations related to vesting of stock awards.
- Following the transaction, Schick directly owns 20,419 shares of Jabil Inc. common stock.
- Schick also acquired 97 shares on June 30, 2024, under the 2011 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (stock disposal for tax purposes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Acquisition of 97 shares under the 2011 Employee Stock Purchase Plan |
| 10/16/2024 | Disposal of 308 shares of common stock |
| 10/18/2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.