Jabil CEO Michael Dastoor Receives Annual Equity Grants and Withholds Shares for Taxes

Overview of Filing

On October 26, 2026, Jabil Inc. (JBL) filed a Form 4 on behalf of Chief Executive Officer and Director Michael Dastoor reporting routine executive compensation transactions dated October 22, 2026.

Key Transactions

1. Equity Awards (Code A):

   • Granted two performance-based restricted stock unit (PSU) awards of 37,396 shares each (totaling 74,792 shares at maximum payout) under the 2021 Equity Incentive Plan, subject to three-year performance criteria ending August 31, 2029.
   • Granted 18,698 time-based restricted stock units (RSUs) vesting 30% on the first anniversary, 30% on the second, and 40% on the third.

2. Performance Certification Adjustment (Code D):

   • Disposition of 2,035 shares representing the cancellation/forfeiture of previously granted PSUs that did not achieve the maximum payout tier upon performance certification.

3. Tax Withholdings (Code F):

   • 2,446 shares withheld at $280.99 per share ($687,301.54).
   • 4,329 shares withheld at $280.99 per share ($1,216,405.71).
   • Total shares withheld for taxes: 6,775 shares (~$1.90M).

Ownership Impact

Following all reported grant, vesting, cancellation, and tax withholding events, Michael Dastoor directly beneficially owns 335,421 shares of Jabil Inc. common stock.

Trading Significance

This filing carries Low trading significance as all reported transactions stem from routine annual executive equity grants, certification of prior incentive awards, and standard share withholding to satisfy tax liabilities, rather than discretionary open-market buying or selling.