Jabil Chief Executive Maintains Large Stake Despite $3.6M Stock Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jabil CEO Michael Dastoor reported significant stock transactions on June 17, 2025, executing two separate sales of common stock under a pre-established Rule 10b5-1 trading plan:
- First transaction: Sold 8,234 shares at $199.75 per share
- Second transaction: Sold 10,000 shares at $185.00 per share
Following these transactions, Dastoor directly owns 203,459 shares of Jabil common stock. The sales were conducted according to a Rule 10b5-1 trading plan established on January 21, 2025, which provides a pre-scheduled trading framework to avoid insider trading concerns. This structured divestment represents a significant insider transaction but follows regulated trading protocols.
Positive
- None.
Negative
- CEO Michael Dastoor sold a total of 18,234 shares worth approximately $3.5M through a pre-planned 10b5-1 trading plan, with sales executed at $199.75 and $185 per share
Insider Trade Summary
Net Seller: 18,234 shares ($3,494,742)
Net Sell
2 txns
Insider
Dastoor Michael
Role
CEO
Sold
18,234 shs ($3.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,234 | $199.75 | $1.64M |
| Sale | Common Stock | 10,000 | $185.00 | $1.85M |
Holdings After Transaction:
Common Stock — 213,459 shares (Direct)
Footnotes (1)
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FAQ
What is Michael Dastoor's remaining JBL stock ownership after the June 2025 sales?
Following the reported transactions, Michael Dastoor directly owns 203,459 shares of JBL common stock.
Was JBL CEO Dastoor's stock sale part of a pre-planned trading arrangement?
Yes, the filing indicates that the transactions were executed pursuant to a Rule 10b5-1 trading plan that was adopted by Dastoor on January 21, 2025.
When did JBL's CEO Dastoor report this Form 4 insider trading activity?
The Form 4 was signed by Lisa N. Clark (Attorney-in-Fact) on June 20, 2025, reporting the transactions that occurred on June 17, 2025.