JABIL INC·4

Apr 9, 8:45 PM ET

BORGES STEVEN D 4

Research Summary

AI-generated summary

Updated

Jabil (JBL) EVP Steven D. Borges Sells 7,000 Shares

What Happened

  • Steven D. Borges, EVP, Global Business Units at Jabil Inc. (JBL), reported the sale of 7,000 shares on April 8, 2026. The shares were disposed at $290.00 each for a total proceeds of $2,030,000. The Form 4 lists the transaction as an open‑market or private sale (code S), i.e., a sale rather than a purchase.

Key Details

  • Transaction date: 2026-04-08; reported on Form 4 filed 2026-04-09 (timely filing).
  • Price: $290.00 per share; Total proceeds: $2,030,000.
  • Shares owned after the transaction: not specified in the provided filing details.
  • Transaction type/code: S (sale) — reported as open‑market or private sale.
  • No footnotes in the provided summary indicating a 10b5‑1 plan, tax withholding, or cashless exercise; none were disclosed here.

Context

  • Sales by corporate officers are common and can reflect many reasons (diversification, personal liquidity, tax planning) and do not by themselves indicate company outlook. Purchases are generally more informative about an insider’s bullish view. This filing appears routine and was reported promptly.