Form 4: Jacobs Solutions Inc. Executive Vice President Shelette M. Gustafson Reports Transaction
SEC Form 4 Filing
Executive Vice President Shelette M. Gustafson of Jacobs Solutions Inc. reports a transaction involving the sale and gift of common stock.
Summary
- On August 29, 2024, Shelette M. Gustafson, an Executive Vice President at Jacobs Solutions Inc., reported a transaction.
- The transaction involved the disposal of 4,167 shares of common stock at a price of $150.14 per share.
- Additionally, a gift of 473 shares of common stock was made to a charitable foundation.
- Following these transactions, Gustafson directly owns 24,091 shares of Jacobs Solutions Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a transaction. The sale of shares could be interpreted negatively, but the gift to charity offsets this somewhat.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell a portion of their holdings.
- The gift to a charitable foundation could be viewed positively by stakeholders.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of the reported transaction involving the sale and gift of common stock. |
| 09/03/2024 | Date of signature by Attorney-in-Fact Justin Johnson. |
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