Form 4: Jacobs Solutions Inc. Executive Vice President Stephen A. Arnette Reports Stock Disposals for Tax Withholding

Executive Vice President Stephen A. Arnette reports disposing of shares of Jacobs Solutions Inc. common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• Stephen A. Arnette, an Executive Vice President at Jacobs Solutions Inc., filed a Form 4 with the SEC.
• The filing reports the disposal of Jacobs common stock to cover tax withholding obligations related to the vesting of restricted stock units.
• On March 1, 2024, 229 shares were disposed of at a price of $146.62.
• On March 4, 2024, 87 shares were disposed of at a price of $147.14.
• Following these transactions, Arnette beneficially owns 23,885 shares of Jacobs common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals for tax withholding are common when restricted stock units vest.

Stakeholder Impact

• The disposal of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price given the reason for disposal.

Key Dates