Form 4: Jabil Inc. Executive Steven D. Borges Reports Stock Disposal
SEC Form 4 Filing
Executive Vice President and CEO of DMS at Jabil Inc., Steven D. Borges, disposed of 12,359 shares of common stock to cover tax obligations.
Summary
- On October 16, 2024, Steven D. Borges, EVP, CEO, DMS of Jabil Inc., disposed of 12,359 shares of common stock.
- The transaction was executed at a price of $124.26 per share.
- Following the transaction, Borges directly owns 90,727 shares of Jabil Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock disposal, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals can be for a variety of reasons, including tax obligations related to vesting equity.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of stock disposal transaction |
| 10/18/2024 | Date of signature on the Form 4 filing |
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