Jacobs Solutions officer reports PSU and RSU activity on Form 4
Rhea-AI Filing Summary
Jacobs Solutions Inc. (J) reported insider equity transactions for its Chief Legal & Admin Officer, Joanne Caruso Zaccaro, on a Form 4. On November 17, 2025, performance stock units granted under the company’s Stock Incentive Plan vested and were settled in common stock. One tranche converted into 4,677 shares, representing 84.6% of the original award based on average adjusted EPS over a three-year period, and another tranche converted into 8,673 shares, representing 156.9% of the original award based on three-year ROIC.
Shares of common stock were tendered to cover tax withholding on both the vested performance stock units and on vested restricted stock units. The reporting person also received a new grant of 5,579 restricted stock units, which vest in four equal annual installments starting one year after the grant date. After these transactions, the officer beneficially owned 79,371 shares of Jacobs common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 4,677 | $0.00 | -- |
| Exercise | Performance Stock Units | 8,673 | $0.00 | -- |
| Exercise | Common Stock | 4,677 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,375 | $150.59 | $358K |
| Exercise | Common Stock | 8,673 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,405 | $150.59 | $663K |
| Tax Withholding | Common Stock | 660 | $150.59 | $99K |
| Grant/Award | Common Stock | 5,579 | $150.59 | $840K |
Footnotes (1)
- Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 16, 2022 pursuant to the Company's Stock Incentive Plan. The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 84.6% of the number of performance stock units initially awarded, with such percentage based on the Company's average adjusted earnings per share (EPS) over the three-year performance period. Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of performance stock units. The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 156.9% of the number of performance stock units initially awarded, with such percentage based on the Company's average return on invested capital (ROIC) over the three-year performance period. Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Company's Stock Incentive Plan. Represents the 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 unit vests in four equal annual installments beginning on the first anniversary of grant date. Each performance stock unit represented a contingent right to receive one share of Jacobs common stock. The performance stock units vested on November 17, 2025.
FAQ
What insider transaction did Jacobs Solutions Inc. (J) report on this Form 4?
The Form 4 reports that the Chief Legal & Admin Officer, Joanne Caruso Zaccaro, had performance stock units and restricted stock units vest on November 17, 2025, resulting in the issuance of Jacobs common stock and a new grant of restricted stock units.
What performance measures determined the Jacobs Solutions (J) PSU vesting percentages?
One award vested at 84.6% of the initial performance stock units based on the company’s average adjusted EPS over a three-year period, and another vested at 156.9% based on the company’s average return on invested capital (ROIC) over the same three-year performance period.
What new equity award did the Jacobs Solutions (J) officer receive?
The officer received 5,579 restricted stock units under the Stock Incentive Plan. Each unit represents the right to receive one share of Jacobs common stock and vests in four equal annual installments beginning on the first anniversary of the grant date.
What does each performance stock unit and restricted stock unit represent at Jacobs Solutions (J)?
Each performance stock unit and each restricted stock unit represents a contingent right to receive one share of Jacobs common stock, subject to vesting conditions described in the company’s Stock Incentive Plan.