Jabil Form 144: 4,500-share insider sale planned for July 2025
Rhea-AI Filing Summary
Jabil Inc. (NYSE:JBL) – Form 144 notice
An affiliate plans to sell up to 4,500 common shares through UBS Financial Services on or about 23 Jul 2025. Based on the stated aggregate market value of $1.003 million, the implied price is roughly $223 per share. The shares were acquired on 24 Oct 2023 via performance-stock-unit (PSU) conversion. The filing certifies the seller is unaware of undisclosed adverse information.
The same individual, identified as Frederic McCoy III, sold 8,971 shares during the previous three months, generating $1.84 million in gross proceeds. Relative to the 107.3 million shares outstanding, the proposed sale represents approximately 0.004% of the float—small from a dilution standpoint but still a data point on insider sentiment. A Form 144 is only a notice; the sale may not occur or amounts may change.
Positive
- None.
Negative
- None.
Insights
TL;DR: Minor insider sale—$1 M, 0.004% of float—signals profit-taking, negligible balance-sheet impact.
Form 144 shows intent to dispose of 4,500 shares. With Jabil’s market cap above $30 B, the dollar amount is immaterial and unlikely to affect liquidity or valuation. However, a follow-on to an 8,971-share sale last month suggests the insider is trimming exposure, which can be perceived as a modestly negative sentiment indicator. No operational or financial metrics are disclosed, so fundamentals remain unchanged.
TL;DR: Filing meets Rule 144 requirements; size immaterial, but sequential insider sales may raise governance questions.
The seller attests to no undisclosed MNPI, satisfying compliance. Consecutive sales within three months total 13,471 shares (~$2.84 M). While permitted, boards often monitor clustered insider selling for optics and potential perception risk. Given Jabil’s sizable float, the move is not impactful to ownership structure.