Jabil EVP & COO Andrew Priestley Reports Annual Equity Grants and Tax Withholdings

Executive Summary

On October 26, 2026, Jabil Inc ($JBL) filed a Form 4 detailing equity transactions by Andrew Priestley, Executive Vice President and Chief Operations Officer. The reported events occurred on October 22, 2026, and primarily reflect routine annual equity incentive grants, the forfeiture of unearned performance shares, and mandatory tax withholdings on vesting stock awards.

Transaction Breakdown

1. Equity Grants (Code A):

   • 5,734 shares in performance-based restricted stock units (RSUs) vesting across the three-year performance cycle ending August 31, 2029 (maximum target).
   • 5,734 shares in an additional performance-based RSU award for the same performance cycle.
   • 2,867 shares in time-based RSUs vesting 30% after year one, 30% after year two, and 40% after year three.
   • Total Granted: 14,335 shares at $0.00 per share.

2. Performance Unit Adjustment (Code D):

   • 711 shares disposed/forfeited following certification of performance metrics below maximum target for awards originally granted on October 19, 2023.

3. Tax Withholdings (Code F):

   • 854 shares withheld to cover tax obligations at $280.99 per share ($239,965.46).
   • 1,335 shares withheld to cover tax obligations at $280.99 per share ($375,121.65).
   • Total Tax Withheld: 2,189 shares ($615,087.11).

Ownership Position

Following these transactions, Priestley directly owns 68,062 shares of Jabil Inc Common Stock.

Market Implications

The trading significance of this filing is categorized as Low. None of the transactions were discretionary open-market sales or purchases. All actions stem directly from Jabil's long-term incentive plan (LTI) grants and standard statutory tax withholding obligations.