Schick Gary K. 4
Research Summary
AI-generated summary
Jabil (JBL) SVP Gary K. Schick Sells Shares
What Happened
- Gary K. Schick, Senior Vice President and Chief Human Resources Officer of Jabil Inc. (JBL), sold a total of 1,000 shares on July 15, 2026 in a series of open-market transactions. The nine reported sales ranged from individual line prices of $315.05 to $330.00 and totaled approximately $319,858 (overall weighted average ≈ $319.86 per share). These were disposals (code S).
Key Details
- Transaction date: July 15, 2026 (reported on Form 4 filed July 17, 2026).
- Shares sold: 1,000 shares across nine sale entries (individual line counts: 2; 66; 76; 76; 89; 115; 135; 209; 232).
- Proceeds: approximately $319,858 total; weighted average ≈ $319.86/share; trade prices reported per line from ~$315.05 up to $330.00 (detailed footnotes show some lines executed in multiple trades with narrower ranges).
- Footnotes of note:
- F1: The sales were effected pursuant to a prearranged Rule 10b5-1 trading plan adopted by the reporting person on March 21, 2026.
- F2: Table I includes 51 shares acquired on June 30, 2026 under Jabil’s 2011 ESPP (listed in the filing).
- F3–F7: Several lines reflect execution in multiple trades at specified price ranges; full per-trade details are available upon request as stated in the filing.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
Context
- These were planned sales under a 10b5-1 plan, which typically authorize systematic trades according to a prearranged schedule and reduce the implication of discretionary insider timing. Sales are routine insider activity and, by themselves, do not necessarily signal a change in view on the company. Purchases generally carry more interpretive weight for investors than routine sales.