Director at Jabil (NYSE: JBL) awarded 600 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyagarajan N. V. reported acquisition or exercise transactions in this Form 4 filing.
Jabil Inc. director N. V. Tyagarajan reported an equity award of Restricted Stock Units (RSUs). The filing shows a grant of 600 RSUs under Jabil’s 2021 Equity Incentive Plan, with each RSU representing one share of common stock upon vesting.
The RSUs vest on January 22, 2027, subject to the plan’s terms. Following this award, Tyagarajan directly holds 2,964 shares of Jabil common stock, reflecting compensation rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tyagarajan N. V.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,964 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 600 RSUs
Grant price: $0.00 per unit
Vesting date: January 22, 2027
+2 more
5 metrics
RSUs granted
600 RSUs
Equity award under 2021 Equity Incentive Plan
Grant price
$0.00 per unit
Compensation grant, not open-market purchase
Vesting date
January 22, 2027
RSUs vest on this date under plan terms
Shares held after
2,964 shares
Director’s direct Jabil common stock ownership post-grant
Security title
Common Stock
Underlying security deliverable upon RSU vesting
Key Terms
Restricted Stock Units, 2021 Equity Incentive Plan, vesting, Common Stock
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2021 Equity 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.
2021 Equity Incentive Plan financial
"RSUs granted pursuant to Issuer's 2021 Equity Incentive Plan ("Plan")"
vesting financial
"each representing the right to receive one share ... upon vesting. The RSUs vest on January 22, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"each representing the right to receive one share of Issuer's Common Stock upon vesting"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Jabil (JBL) report for director N. V. Tyagarajan?
Jabil reported that director N. V. Tyagarajan received an equity award of 600 Restricted Stock Units. These RSUs were granted as compensation under Jabil’s 2021 Equity Incentive Plan and will convert into common shares only when they vest under the plan’s terms.
How many Jabil (JBL) RSUs were granted to director N. V. Tyagarajan and at what price?
The director was granted 600 Restricted Stock Units at a stated price of $0.00 per unit, indicating a compensation award rather than a purchase. Each RSU represents the right to receive one share of Jabil common stock once vesting conditions under the 2021 Equity Incentive Plan are met.
When do N. V. Tyagarajan’s Jabil (JBL) RSUs vest according to the Form 4 filing?
The filing states that the 600 Restricted Stock Units will vest on January 22, 2027. Vesting is subject to the terms of Jabil’s 2021 Equity Incentive Plan, meaning the director receives one share of common stock per RSU only when that vesting date and conditions are satisfied.
Is the Jabil (JBL) director’s RSU award an open-market stock purchase?
No, the reported transaction is a grant of 600 Restricted Stock Units with a $0.00 price, categorized as a grant or award acquisition. It is part of director compensation under Jabil’s 2021 Equity Incentive Plan, not an open-market purchase of Jabil shares on a stock exchange.