Jacobs president awarded 8,337 restricted stock units
Kachhela Jiten reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kachhela Jiten reported acquisition or exercise transactions in this Form 4 filing.
Jacobs Solutions Inc. President Jiten Kachhela reported a compensation-related stock grant. He received 8,337 shares of common stock in the form of restricted stock units at a reference price of $119.96 per share under the company’s Stock Incentive Plan. These restricted stock units vest in two equal annual installments beginning on the first anniversary of the grant date. Following this grant, he directly holds 16,970 shares of common stock, in addition to 16,354 shares held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,337 shares
Grant/Award
2 txns
Insider
Kachhela Jiten
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,337 | $119.96 | $1.00M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,970 shares (Direct);
Common Stock — 16,354 shares (Indirect, By Trust)
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.
Key Figures
RSU grant size: 8,337 shares
Reference price per share: $119.96/share
Direct holdings after grant: 16,970 shares
+2 more
5 metrics
RSU grant size
8,337 shares
Restricted stock units awarded to President Jiten Kachhela
Reference price per share
$119.96/share
Price per share listed for the RSU grant
Direct holdings after grant
16,970 shares
Common stock directly held following RSU award
Indirect holdings via trust
16,354 shares
Common stock held indirectly by trust
Vesting schedule
2 equal annual installments
RSUs vest starting on first anniversary of grant date
Key Terms
restricted stock units, Stock Incentive Plan, grant, award, or other acquisition, indirect ownership
4 terms
restricted stock units financial
"Represents receipt of restricted stock units pursuant to the Company's Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Incentive Plan financial
"Represents receipt of restricted stock units pursuant to the Company's Stock Incentive Plan."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Jacobs Solutions (J) President Jiten Kachhela report in this Form 4?
He reported receiving 8,337 restricted stock units of Jacobs common stock as a compensation grant. The award is under the company’s Stock Incentive Plan and is not an open-market purchase, reflecting standard executive equity compensation rather than a discretionary stock buy.
How do the new restricted stock units for Jacobs Solutions (J) vest?
The 8,337 restricted stock units vest in two equal annual installments. Vesting begins on the first anniversary of the grant date, meaning half of the units vest after one year and the remaining half after two years, subject to continued eligibility conditions.
What are Jiten Kachhela’s direct holdings in Jacobs Solutions (J) after the grant?
After the restricted stock unit grant, he directly holds 16,970 shares of Jacobs common stock. This figure reflects his position following the award reported in the Form 4 and helps show the scale of his direct ownership stake in the company.
Does Jiten Kachhela have any indirect holdings of Jacobs Solutions (J) stock?
Yes. The filing shows 16,354 shares of Jacobs common stock held indirectly through a trust. This indirect position is separate from his directly held 16,970 shares, indicating additional exposure to the company beyond the newly granted restricted stock units.
Was this Jacobs Solutions (J) Form 4 a market purchase or sale by the President?
No. The Form 4 describes a grant coded as “A,” meaning a grant, award, or other acquisition. It reflects restricted stock units awarded as compensation, not an open-market buy or sell, so it does not represent a discretionary trading decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.
