Form 4: Jacobs Solutions Inc. Executive Vice President Joanne Caruso Zaccaro Reports Stock Transactions

Executive Vice President Joanne Caruso Zaccaro of Jacobs Solutions Inc. reported the disposal of 475 shares for tax withholding and a gift of 785 shares to a charitable fund on November 29, 2024.

Summary

• Joanne Caruso Zaccaro, an Executive Vice President at Jacobs Solutions Inc., filed a Form 4 detailing changes in her beneficial ownership of company stock.
• On November 29, 2024, Ms. Zaccaro disposed of 475 shares of common stock at a price of $141.23 per share to cover tax obligations related to vesting restricted stock units.
• Additionally, on the same day, she gifted 785 shares of common stock to a charitable donor advised fund.
• Following these transactions, Ms. Zaccaro's direct holdings of Jacobs Solutions Inc. common stock decreased to 70,219 shares.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. It reflects standard executive compensation and personal financial management.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives who receive stock-based compensation and engage in charitable giving.

Stakeholder Impact

• The transactions have a minor impact on the total outstanding shares of Jacobs Solutions Inc.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Jacobs Solutions Inc., Executive Vice President, Joanne Caruso Zaccaro, Stock Disposal, Charitable Gift, Tax Withholding