Form 4: Jacobs Solutions CFO Kevin Berryman Sells 1,500 Shares
SEC Form 4 Filing
Kevin Berryman, CFO of Jacobs Solutions Inc., sold 1,500 shares of common stock at a price of $145.31 per share on April 30, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 30, 2024, Kevin C. Berryman, the Chief Financial Officer of Jacobs Solutions Inc., sold 1,500 shares of the company's common stock.
- The sale was executed at a price of $145.31 per share.
- Following the transaction, Berryman directly owns 231,604 shares of Jacobs Solutions Inc.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on February 28, 2023.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction. The sale was pre-planned under a 10b5-1 plan, so it doesn't necessarily indicate a negative outlook.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| February 28, 2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| April 30, 2024 | Date of the stock sale transaction |
| May 02, 2024 | Date of the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.