Jabil Inc CEO Surrenders Shares for Tax Obligations
Jabil Inc
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Filing Summary
Form 4 Alert: Jabil Inc ($JBL) Insider: Michael Dastoor (CEO, Director) Type: Tax Withholding (Code F) Shares Transacted: 2,960 @ $273.97 (~$810,951.20) Remaining Direct Holdings: 332,461 shares Significance: Low (Routine disposition for tax liabilities)
Comprehensive Analysis
Executive Summary
On October 24, 2026, Michael Dastoor, CEO and Director of Jabil Inc ($JBL), disposed of 2,960 shares of Common Stock at an execution price of $273.97 per share, totaling approximately $810,951.20. The transaction was reported via SEC Form 4 filed on October 27, 2026.
Transaction Details
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Nature: Non-discretionary share withholding to cover tax withholding obligations associated with equity awards.
- Direct Ownership Post-Transaction: 332,461 shares of Common Stock.
Significance & Market Impact
The transaction is rated Low in market significance. As a Code 'F' transaction, this represents an automated or routine withholding of shares to satisfy tax obligations rather than an open-market sale reflecting personal sentiment on company performance. The CEO retains a substantial direct stake of over 332,000 shares.
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Important Disclaimer
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