Form 4: Jacobs Solutions President Boosts Stake via Stock Awards

Jacobs Solutions President Patrick Hill increased his direct beneficial ownership of company common stock through the vesting of performance stock units and receipt of restricted stock units.

Summary

• Patrick Hill, President of Jacobs Solutions Inc. (J), reported transactions on November 17, 2025, increasing his direct beneficial ownership of common stock.
• He acquired 3,596 shares of common stock from the vesting of performance stock units (PSUs) tied to the company's average adjusted earnings per share (EPS) over a three-year period, representing 84.6% of the initially awarded PSUs.
• An additional 6,671 shares of common stock were acquired from the vesting of PSUs tied to the company's average return on invested capital (ROIC) over a three-year period, representing 156.9% of the initially awarded PSUs.
• Hill also received 5,314 restricted stock units (RSUs) at a price of $150.59 per unit, which will vest in four equal annual installments starting on the first anniversary of the grant date.
• Following these transactions, Hill directly beneficially owns 83,726 shares of Jacobs Solutions Inc. common stock.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating they were pre-scheduled.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. While the EPS-based PSU vesting was slightly below target, the ROIC-based vesting significantly exceeded expectations, and the grant of new RSUs indicates continued executive alignment and future incentives. The overall increase in direct beneficial ownership by a key executive is generally viewed favorably.

Positives

• The vesting of performance stock units based on Return on Invested Capital (ROIC) significantly exceeded the initial award, reaching 156.9%, indicating strong performance in this area.
• The receipt of 5,314 new restricted stock units (RSUs) demonstrates ongoing executive compensation and alignment with future company performance.
• The overall increase in direct beneficial ownership by a key executive like the President signals confidence in the company's future prospects.

Negatives

• The vesting of performance stock units based on adjusted Earnings Per Share (EPS) was below the initial award, at 84.6%, suggesting that EPS targets were not fully met over the three-year performance period.

Future Outlook

The newly received restricted stock units (RSUs) are scheduled to vest in four equal annual installments, beginning on November 17, 2026 (the first anniversary of the grant date), indicating a future alignment of executive incentives with long-term company performance.

Industry Context

This filing reflects a routine executive compensation event within the engineering and construction services industry, where performance-based equity awards are common to align management incentives with shareholder value. The specific performance metrics (EPS and ROIC) are standard indicators used across various industries to evaluate company financial health and efficiency.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholder value through equity ownership and performance-based incentives. The strong ROIC performance reflected in the PSU vesting could be viewed positively.
• Employees: The compensation structure for top executives can influence broader compensation philosophies within the company.

Next Steps

• The restricted stock units (RSUs) granted on November 17, 2025, will vest in four equal annual installments, with the first installment occurring on November 17, 2026.

Key Dates

Keywords

Jacobs Solutions, J, Patrick Hill, Form 4, Insider Transaction, Performance Stock Units, Restricted Stock Units, Executive Compensation, Stock Ownership, Corporate Governance