secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K/A
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001193125-24-136155
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs Solutions discloses CFO Jaramillo's separation terms; $1.56M lump sum, extended equity vesting
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- Former CFO Claudia Jaramillo separation agreement provides $1,557,586 lump sum severance payment.
- Unvested restricted stock units continue vesting through Nov 15, 2027; performance units prorated through Nov 15, 2026.
- Jaramillo bound by non-competition and non-solicitation covenants; releases all claims against Jacobs.
- Additional lump sum for COBRA premiums ($9,351) and financial planning services ($18,235) included.
- Separation agreement executed May 6, 2024, after termination date of April 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000119312524136155/0001193125-24-136155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000119312524136155/d787123d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-136155

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer