Form 4: Jacobs Solutions Inc. Director Peter J. Robertson Reports Stock Option Exercises
SEC Form 4 Filing
Director Peter J. Robertson reports exercising stock options for Jacobs Solutions Inc. at prices of $43.66 and $38.04 on May 20, 2024.
Summary
- On May 20, 2024, Peter J. Robertson, a director of Jacobs Solutions Inc., exercised stock options.
- He exercised 3,500 stock options at a price of $43.66 and another 3,500 stock options at a price of $38.04.
- Following these transactions, Robertson directly owns 53,583 shares of Jacobs Solutions Inc. common stock.
- The stock options were fully vested.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports the exercise of stock options by a company director, which is a routine transaction.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders, allowing investors to monitor their investment.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in outstanding shares, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of earliest transaction: Peter J. Robertson exercised stock options. |
| 05/20/2024 | Stock options exercisable date. |
| 03/01/2025 | Expiration date for 3,500 stock options with exercise price of $43.66. |
| 03/01/2026 | Expiration date for 3,500 stock options with exercise price of $38.04. |
| 05/22/2024 | Date of signature for 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.