Form 4: Jabil Inc. SVP, CHRO Gary K. Schick Reports Stock Disposals
SEC Form 4
Gary K. Schick, SVP, CHRO of Jabil Inc., reported the disposal of common stock to cover tax obligations.
Summary
- Gary K. Schick, the SVP, CHRO of Jabil Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of Jabil Inc. common stock on October 19, 2024, October 20, 2024, and October 21, 2024.
- A total of 239, 258, and 164 shares were disposed of respectively, at a price of $126.3 per share.
- These transactions were related to the satisfaction of tax obligations.
- Following these transactions, Schick directly owns 19,758 shares of Jabil Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The stock disposal by an executive could be perceived neutrally by stakeholders as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/19/2024 | Disposal of 239 shares of common stock at $126.3. |
| 10/20/2024 | Disposal of 258 shares of common stock at $126.3. |
| 10/21/2024 | Disposal of 164 shares of common stock at $126.3. |
| 10/22/2024 | Date of signature by Attorney-in-Fact. |
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