Kachhela Jiten 4
4 · JACOBS SOLUTIONS INC. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Jacobs (J) President Jiten Kachhela Receives Restricted Stock Award
What Happened
Jiten Kachhela, President of Jacobs Solutions Inc. (J), was granted 8,337 restricted stock units (RSUs) on 2026-06-08. The grant is reported at a per-share value of $119.96, totaling $1,000,107. This is an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date and type: 2026-06-08 — Award/Grant (code A) of 8,337 RSUs at $119.96 each.
- Total reported value: $1,000,107.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — Each RSU represents the right to one share of Jacobs common stock; RSUs vest in two equal annual installments beginning on the first anniversary of the grant.
- Filing date/timeliness: Report filed 2026-06-10 (two days after the grant), which appears to be timely.
Context
RSUs are compensation awards that convert into company shares only as they vest; these units do not represent immediately tradable shares. The two-year, two-installment vesting means the executive will receive actual shares (and potentially owe taxes) over the next two years if vesting conditions are met. Awards are common executive compensation and should be viewed as part of pay, not an explicit buy or sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-08$119.96/sh+8,337$1,000,107→ 16,970 total
- 16,354(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents receipt of restricted stock units pursuant to the Company's Stock Incentive Plan. Each restricted stock unit represents the right to receive one share of Jacobs common stock. The restricted stock units vest in two equal annual installments beginning on the first anniversary of grant date.