Form 4: Jabil Inc. Executive Vice President Frederic E. McCoy Sells Shares
SEC Form 4 Filing
Frederic E. McCoy, EVP of Operations at Jabil Inc., sold 4,283 shares of common stock at an average price of $122.2833 on October 31, 2024.
Summary
- On October 31, 2024, Frederic E. McCoy, the Executive Vice President of Operations at Jabil Inc., sold 4,283 shares of Jabil's common stock.
- The sale was executed at a weighted average price of $122.2833 per share, with individual transactions ranging from $122.2805 to $122.3750.
- Following the transaction, McCoy directly owns 142,472 shares of Jabil Inc.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on November 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market's reaction to such sales can vary.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. However, large or frequent sales can sometimes be viewed negatively by investors.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the stock sale transaction. |
| 11/01/2024 | Date of the Form 4 filing with the SEC. |
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