Jabil EVP Steven D. Borges Receives Annual Equity Grants & Satisfies Tax Withholdings

Executive Summary

On October 26, 2026, Steven D. Borges, Executive Vice President of Global Business Units at Jabil Inc. ($JBL), reported a series of equity transactions occurring on October 22, 2026. The reported activity reflects routine annual equity compensation grants, the forfeiture of previously granted performance shares that did not meet maximum targets, and share withholdings to satisfy tax obligations upon vesting.

Transaction Breakdown

1. Equity Grants (Code A):

   • 5,734 shares of Common Stock (performance-based RSUs vesting over the 3-year performance period ending August 31, 2029).
   • 5,734 shares of Common Stock (performance-based RSUs vesting over the 3-year performance period ending August 31, 2029).
   • 2,867 shares of Common Stock (time-based RSUs vesting 30% on the first anniversary, 30% on the second anniversary, and 40% on the third anniversary).
   • Total shares granted: 14,335 shares at $0.00 per share.

2. Performance Share Forfeiture (Code D):

   • 1,751 shares were forfeited upon the certification of performance metrics from an October 19, 2023 grant, representing target shares that were not earned at the maximum level.

3. Tax Withholdings (Code F):

   • 2,103 shares withheld at $280.99 per share ($590,921.97).
   • 3,624 shares withheld at $280.99 per share ($1,018,307.76).
   • Total shares withheld for taxes: 5,727 shares totaling approximately $1,609,239.73.

Post-Transaction Holdings

Following these transactions, Steven D. Borges directly beneficially owns 77,617 shares of Jabil Inc. common stock.

Market Impact & Significance

This filing carries Low trading significance as it represents standard executive equity incentive grants and administrative tax withholding events rather than discretionary open-market purchases or sales.