Form 4: Jacobs Solutions Inc. Executive Vice President Shannon Miller Reports Stock Transaction

Executive Vice President of Jacobs Solutions Inc., Shannon Miller, sold 93 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Shannon Miller, an Executive Vice President at Jacobs Solutions Inc., reported a transaction involving the company's common stock.
• On November 29, 2024, Miller disposed of 93 shares of common stock at a price of $141.23 per share.
• This transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Miller directly owns 20,676 shares of Jacobs common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Stock transactions by executives are a common occurrence in publicly traded companies.
• The sale of shares to cover tax obligations is a standard practice.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.

Key Dates

Keywords

stock transaction, insider trading, executive compensation, stock options, restricted stock units, tax withholding, common stock, Jacobs Solutions Inc.