Form 4: Jabil Inc. Executive Matthew Crowley Reports Stock Transactions
SEC Form 4 Filing
EVP Matthew Crowley of Jabil Inc. reports the disposition of shares to cover tax obligations and a sale of shares on October 22, 2024.
Summary
- Matthew Crowley, an EVP at Jabil Inc., filed a Form 4 detailing changes in his beneficial ownership of Jabil stock.
- The transactions include the disposition of shares to cover tax obligations resulting from vesting restricted stock units on October 19, 20, and 21, 2024.
- Crowley also sold 2,271 shares of common stock on October 22, 2024, at a price of $123.5365 per share.
- Following these transactions, Crowley directly owns 15,564 shares of Jabil Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 10/19/2024 | Disposition of 197 shares of common stock to cover tax obligations. |
| 10/20/2024 | Disposition of 307 shares of common stock to cover tax obligations. |
| 10/21/2024 | Disposition of 229 shares of common stock to cover tax obligations. |
| 10/22/2024 | Sale of 2,271 shares of common stock at $123.5365 per share. |
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