BORGES STEVEN D 4
Research Summary
AI-generated summary
Jabil (JBL) EVP Steven D. Borges Sells 5,126 Shares
What Happened Steven D. Borges, Executive Vice President, Global Business Units of Jabil Inc. (JBL), reported an open-market sale of 5,126 shares on 2026-04-17. The shares were disposed at a weighted average sale price of $317.51, producing gross proceeds of approximately $1,627,550. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate the insider’s view of the company.
Key Details
- Transaction date: 2026-04-17; Form 4 filed: 2026-04-20 (filed within the required reporting window).
- Transaction type: Open-market sale (Code S).
- Shares sold: 5,126; weighted average price: $317.51; total proceeds: ~$1,627,550.
- Price range per footnote: trades executed between $317.50 and $317.82; reported price is the weighted-average. The filing notes the reporter can provide per-trade quantities/prices on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No indication in the provided excerpt of a 10b5-1 plan, gift, option exercise, or tax-withholding transaction.
Context
- Sales by executives are common and can be for many personal or financial reasons; they are not inherently a signal of company prospects.
- Because this was an open-market sale (not an option exercise or award), proceeds reflect disposal of existing shares rather than cashless exercise or withholding.