Form 4: Jacobs Solutions Inc. Executive Vice President Patrick Hill Reports Sale of Common Stock
SEC Form 4 Filing
Executive Vice President Patrick Hill of Jacobs Solutions Inc. reports the sale of 5,486 shares of common stock at $149 per share on March 8, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 8, 2024, Patrick Hill, an Executive Vice President at Jacobs Solutions Inc., sold 5,486 shares of the company's common stock.
- The sale was executed at a price of $149 per share.
- Following the transaction, Hill directly owns 57,233 shares of Jacobs Solutions Inc.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on December 8, 2023.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider trading activities.
Stakeholder Impact
- The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 2023-12-08 | Date of adoption of Rule 10b5-1 trading plan |
| 2024-03-08 | Date of stock sale transaction |
| 2024-03-12 | Date of Form 4 filing |
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