Form 4: Jacobs Solutions Inc. CFO Kevin C. Berryman Reports Sale of Common Stock

Kevin C. Berryman, CFO of Jacobs Solutions Inc., sold 1,500 shares of common stock on April 1, 2024, at a price of $153.20 per share, according to a Form 4 filing with the SEC.

Summary

• On April 1, 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 $153.20 per share.
• Following the transaction, Berryman directly owns 233,104 shares of Jacobs Solutions Inc. common stock.
• 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 standard SEC Form 4 filing, indicating a routine stock sale by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by a high-ranking officer may cause some investors to re-evaluate their positions, although the existence of a pre-arranged trading plan mitigates concerns about insider information.

Key Dates