---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-017253"
form_type: "8-K"
ticker: "J"
cik: "0000052988"
company_name: "JACOBS SOLUTIONS INC."
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:29:44.853230+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bob Pragada becomes CEO; $1B buyback authorized; dividend raised 13% to $0.26/qtr

## Summary
- Bob Pragada assumed CEO role effective Jan 24, 2023, and was elected to the Board.
- Board authorized $1B share repurchase program over three years, replacing prior program.
- Quarterly dividend increased 13% to $0.26 per share; payable Mar 24, 2023 to holders of record Feb 24, 2023.
- Shareholders approved amendment to stock incentive plan, extending term 10 years and changing share counting for full-value awards.
- Priya Abani added to Audit Committee; all director nominees elected; say-on-pay approved with 96M votes for.

## SEC filing metadata
- accession: 0001193125-23-017253
- form_type: 8-K
- ticker: J
- cik: 0000052988
- company_name: JACOBS SOLUTIONS INC.
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/d370658d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-017253
- JSON: https://secwatch.observer/filing/0001193125-23-017253.json
- Plain text: https://secwatch.observer/filing/0001193125-23-017253.txt

## Key facts
- Shareholder Votes
  JACOBS SOLUTIONS INC. shareholders approved Advisory Vote on the Frequency of Advisory Votes on the Company's Executive Compensation at the 2023-01-24 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-01-24
  source text: Proposal No. 3 : Advisory Vote on the Frequency of Advisory Votes on the Company's Executive Compensation 1 Year 2 Years 3 Years Abstain 99,516,384 118,044 1,344,981 116,755 There were 9,918,811 broker non-votes on the proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm
- Shareholder Votes
  JACOBS SOLUTIONS INC. shareholders approved Election of Directors at the 2023-01-24 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-01-24
  source text: Proposal No. 1 : Election of Directors For Against Abstain Steven J. Demetriou 97,517,690 3,489,535 88,939
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm
- Shareholder Votes
  JACOBS SOLUTIONS INC. shareholders approved Advisory Vote to Approve the Company's Executive Compensation at the 2023-01-24 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-01-24
  source text: Proposal No. 2 : Advisory Vote to Approve the Company's Executive Compensation For Against Abstain 96,761,475 3,994,902 339,787 There were 9,918,811 broker non-votes on the proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm
- Shareholder Votes
  JACOBS SOLUTIONS INC. shareholders approved Vote to Approve the Amendment and Restatement of the Company's 1999 Stock Incentive Plan at the 2023-01-24 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-01-24
  source text: Proposal No. 4 : Vote to Approve the Amendment and Restatement of the Company's 1999 Stock Incentive Plan For Against Abstain 97,352,385 3,572,245 171,534 There were 9,918,811 broker non-votes on the proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm
- Shareholder Votes
  JACOBS SOLUTIONS INC. shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending September 29, 2023 at the 2023-01-24 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-01-24
  source text: Proposal No. 5 : Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending September 29, 2023 For Against Abstain 107,808,413 3,055,736 150,826 There were no broker non-votes on the proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.