Francis McKay, Senior Vice President and Chief Procurement Officer of Jabil Inc., filed a Form 4 on October 26, 2026, disclosing multiple restricted stock unit grants and related share dispositions that occurred on October 22, 2026.

Key Highlights

  • Time-based RSU grant: McKay Francis received 3,272 RSUs on October 22, 2026, vesting 30% on the first anniversary, 30% on the second, and 40% on the third anniversary of the grant date, per the filing.
  • Performance-based RSU grants: Two separate performance-based RSU awards of 3,272 shares each were granted, with vesting tied to performance criteria over the three-year period beginning September 1, 2026, and ending August 31, 2029; the shares reported represent the maximum number issuable.
  • Prior performance RSU certification: 604 performance-based RSUs originally granted October 19, 2023, were certified on October 22, 2026, as having satisfied performance metrics, though "not at maximum," according to the filing.
  • Tax withholding dispositions: 725 shares were disposed of at $280.99 per share and 1,108 shares were disposed of at $280.99 per share, both via transaction code F (shares withheld for taxes), per the filing.
  • Resulting beneficial ownership: Following all reported transactions, Francis directly beneficially owned 47,818 shares of Jabil common stock, according to the filing.
  • Reporting person role: McKay Francis is identified in the filing as an officer with the title SVP, Chief Procurement Officer of Jabil Inc. (NYSE:JBL).

McKay Francis RSU Awards and Share Activity at Jabil on October 22, 2026

According to the Form 4 filed with the SEC on October 26, 2026, McKay Francis, Jabil Inc.'s SVP and Chief Procurement Officer, received two categories of restricted stock unit awards on October 22, 2026, both granted under Jabil's 2021 Equity Incentive Plan. The first grant of 3,272 RSUs follows a time-based vesting schedule: 30% vest on the first anniversary of the October 22, 2026, grant date, 30% on the second anniversary, and the remaining 40% on the third anniversary, subject to the terms of the plan.

The filing also discloses two separate performance-based RSU grants of 3,272 shares each, with vesting contingent on the achievement of certain performance-based criteria during the three-year period beginning September 1, 2026, and ending August 31, 2029. The filing notes that "the number of shares listed in Column 4 of Table I represents the maximum number of shares that may be issued upon vesting of the award if the maximum target is met."

Additionally, the filing reports the certification of a prior performance-based RSU award. Those units, originally granted on October 19, 2023, under Jabil's 2021 Stock Award and Incentive Plan, were certified on October 22, 2026, as having satisfied performance metrics, but "not at maximum," resulting in 604 shares being disposed of with a reported price of $0.0000. Separately, 725 shares and 1,108 shares were disposed of at $280.99 per share, recorded under transaction code F, representing shares withheld for tax purposes. After all reported transactions, Francis directly held 47,818 shares of Jabil common stock.

What Was Disclosed

The filing disclosed RSU grants, performance-based award activity, and tax-withholding dispositions by Jabil's SVP and Chief Procurement Officer McKay Francis on October 22, 2026, resulting in direct beneficial ownership of 47,818 shares of Jabil common stock.