Form 4: Jabil Inc. SVP, Chief Procurement Officer, Francis McKay, Reports Stock Disposal

Francis McKay, SVP, Chief Procurement Officer of Jabil Inc., reported disposing of 2,205 shares of common stock to cover tax obligations.

Summary

• On October 16, 2024, Francis McKay, the SVP, Chief Procurement Officer of Jabil Inc., disposed of 2,205 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 equity.
• Following the transaction, McKay directly owns 39,748 shares of Jabil Inc.
• The transaction was reported on October 18, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an officer.

Key Dates