Jabil Insider Steven Borges Trades $4.5M in Stock, Keeps Large Stake

Rhea-AI Filing Summary

Form 4 Insider Transaction Summary – Jabil Inc. (JBL)

Executive Vice President, Global Business Units, Steven D. Borges filed a Form 4 disclosing an open-market sale (Code “S”) of Jabil common stock on 18 June 2025.

• Shares sold: 22,443
• Weighted-average price: $200.01 per share (individual trades ranged $199.79-$200.20)
• Approximate gross proceeds: ≈ $4.49 million
• Shares owned after sale: 102,803 (direct ownership)

No derivative security transactions or indirect holdings were reported, and the filing does not indicate the use of a Rule 10b5-1 trading plan, suggesting the sale was discretionary. Borges remains an officer of the company and retains a substantial equity position, maintaining economic alignment with shareholders.

While single insider sales can stem from personal diversification or liquidity needs, investors often view sizeable discretionary disposals by senior executives as a potential sentiment signal. Nonetheless, the retained stake of more than 100 k shares moderates negative interpretations and indicates continued exposure to the company’s future performance. No additional material events, earnings data, or corporate actions were disclosed in the filing.

Positive

• Executive retains 102,803 shares after the transaction, evidencing continued equity alignment with shareholders.

Negative

• Sale of 22,443 shares worth ≈ $4.5 million by a key officer could be read as a modestly negative sentiment signal, especially without a 10b5-1 plan.

Insights

Securities Analyst

TL;DR – One-off $4.5 M stock sale by Jabil EVP; still holds >100 k shares, implying limited fundamental signal.

The Form 4 reveals that EVP Steven Borges sold 22,443 shares at roughly $200, monetising about $4.5 million. He continues to own 102,803 shares, so the transaction represents only a portion of his holding. No 10b5-1 plan is disclosed, meaning investors may view the sale as discretionary. Absent corroborating insider activity or negative fundamentals, I classify the news as neutral with minor sentiment downside risk.

Corporate Governance Specialist

TL;DR – Discretionary insider sale; monitoring advisable, but governance posture unchanged.

Open-market sales by senior officers merit attention, particularly when not executed under a pre-arranged plan. However, Borges’ remaining 102,803-share stake indicates continued alignment with shareholder interests. The filing follows Section 16 obligations and contains full pricing disclosure. I see no governance red flags; the impact on valuation or control dynamics is immaterial.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BORGES STEVEN D

(Last) (First) (Middle)

C/O JABIL INC.

10800 ROOSEVELT BOULEVARD NORTH

(Street)

ST. PETERSBURG FL 33716

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JABIL INC [ JBL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Global Business Units

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/18/2025		S		22,443	D	$200.01(1)	102,803	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transactions reflected on this line were executed in multiple trades at prices ranging from $199.79 to $200.20, inclusive. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.

	/s/ Lisa N. Clark, Attorney-in-Fact	06/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Jabil (JBL) shares did EVP Steven Borges sell on 18 June 2025?

He sold 22,443 shares of Jabil common stock.

What was the weighted-average sale price reported in the Form 4?

The weighted-average price was $200.01 per share, with individual trades between $199.79 and $200.20.

How many shares does Steven Borges still own after the transaction?

After the sale, Borges directly owns 102,803 shares of Jabil common stock.

Was the transaction executed under a Rule 10b5-1 trading plan?

The filing does not mark the 10b5-1(c) checkbox, indicating the sale was not under a pre-arranged plan.

What is the approximate value of the shares sold by the Jabil executive?

At the reported weighted-average price, the sale is valued at about $4.49 million.