Jabil CEO Michael Dastoor Disposes $684K in Shares for Tax Obligations
JABIL INC
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Filing Summary
📋 SEC Form 4 Alert: JABIL INC ($JBL) Insider: Michael Dastoor (CEO & Director) Transaction: Tax Withholding (Code F) Shares Transacted: 2,409 shares Total Value: ~$684,484 Remaining Holdings: 250,741 shares Significance: Low (Routine disposition to satisfy tax liabilities)
Comprehensive Analysis
Insider Filing Analysis: Jabil Inc. ($JBL)
Overview
On October 20, 2026, Jabil Inc. filed a Form 4 on behalf of Chief Executive Officer and Director Michael Dastoor. The filing reports dispositions of common stock totaling 2,409 shares across two dates to cover statutory tax withholding liabilities arising from the vesting of equity awards.
Transaction Breakdown
- October 16, 2026: 1,595 shares withheld at a price of $287.14 per share ($457,988.30).
- October 19, 2026: 814 shares withheld at a price of $278.25 per share ($226,495.50).
- Total Disposed: 2,409 shares valued at $684,483.80.
- Transaction Code:
F(Payment of exercise price or tax liability by delivering or withholding securities).
Ownership & Holdings Post-Transaction
Following these dispositions, Mr. Dastoor continues to directly hold 250,741 shares of Jabil Inc. common stock (which includes 51 shares acquired under the Employee Stock Purchase Plan as noted in Footnote 1). The total shares disposed represent less than 1% of his direct equity ownership.
Significance Assessment
- Sentiment: Neutral / Low Significance.
- Rationale: Code 'F' transactions represent automatic, non-discretionary share withholdings directly related to tax obligations incurred upon the vesting of restricted shares or performance units. They do not reflect open-market sales or changes in executive sentiment toward the company's operational or financial outlook.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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