Form 4: Jacobs Solutions Inc. Executive Robert V. Pragada Reports Stock Transaction
SEC Filing
Robert V. Pragada, Chief Executive Officer of Jacobs Solutions Inc., reports disposition of shares for tax withholding upon vesting of restricted stock units.
Summary
- On March 8, 2024, Robert V. Pragada, the Chief Executive Officer of Jacobs Solutions Inc., reported a transaction involving the disposition of 13,311 shares of common stock.
- The shares were disposed of at a price of $146.93 per share.
- This transaction was related to tax withholding upon the vesting of restricted stock units under the company's Stock Incentive Plan.
- Following the transaction, Pragada directly owns 244,789 shares of Jacobs Solutions Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. This provides transparency to the market.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock disposition.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock transaction (disposition of shares). |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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