Form 4: Jacobs Solutions Officer Reports Significant Equity Transactions

Jacobs Solutions' Chief Legal & Admin Officer, Joanne Caruso Zaccaro, reported multiple equity transactions including performance stock unit vesting and restricted stock unit grants.

Summary

• Joanne Caruso Zaccaro, Chief Legal & Admin Officer of Jacobs Solutions Inc. (J), reported several transactions on November 17, 2025.
• These transactions included the vesting of performance stock units (PSUs) and the receipt of new restricted stock units (RSUs).
• A total of 4,677 shares of common stock were acquired from PSUs that vested based on the company's average adjusted earnings per share (EPS) performance, which was 84.6% of the initially awarded units.
• An additional 8,673 shares of common stock were acquired from PSUs that vested based on the company's average return on invested capital (ROIC) performance, which was 156.9% of the initially awarded units.
• A total of 7,440 shares (2,375 + 4,405 + 660) of Jacobs common stock were tendered for tax withholding purposes at a price of $150.59 per share, related to the vesting of both PSUs and RSUs.
• Zaccaro also received 5,579 new restricted stock units, each representing the right to receive one share of common stock, which will vest in four equal annual installments.
• Following these transactions, Zaccaro's direct beneficial ownership of common stock increased to 79,371 shares.

Sentiment

Score: 7

Explanation: The sentiment is generally positive due to significant equity vesting and new RSU grants, reflecting ongoing executive compensation and alignment. While one performance metric (EPS) was below target, the other (ROIC) significantly exceeded it, leading to a net positive outcome for the officer's equity holdings.

Positives

• The vesting of 8,673 performance stock units at 156.9% of the initially awarded amount, driven by strong average return on invested capital (ROIC) performance, indicates robust capital efficiency.
• The grant of 5,579 new restricted stock units aligns management's interests with long-term shareholder value creation and provides future equity incentives.

Negatives

• The vesting of 4,677 performance stock units at 84.6% of the initially awarded amount, based on average adjusted earnings per share (EPS), suggests that EPS performance was below the target threshold for this tranche.

Future Outlook

The newly granted restricted stock units will vest in four equal annual installments, beginning on the first anniversary of the grant date, indicating future equity distributions to the officer.

Industry Context

This Form 4 filing details routine insider equity transactions, reflecting the compensation structure for a senior executive at Jacobs Solutions. Such filings are standard disclosures for publicly traded companies, providing transparency into management's ownership and incentive alignment, rather than broader industry trends.

Stakeholder Impact

• Shareholders: These transactions demonstrate the execution of the company's equity compensation plan, aligning executive incentives with company performance. The strong ROIC performance leading to higher vesting for that tranche could be viewed positively.
• Employees: Reflects the company's compensation strategy for senior leadership, potentially influencing broader compensation philosophies.

Next Steps

• The newly granted restricted stock units will begin vesting in four equal annual installments starting on the first anniversary of the grant date.

Key Dates

Keywords

Jacobs Solutions, J, Form 4, Insider Trading, Equity Compensation, Performance Stock Units, Restricted Stock Units, Executive Compensation, Stock Vesting, SEC Filing