By Mackenzie Tatananni
Jabil, the data-center infrastructure company, has started strong in 2026, and board members are kicking off the year with a spate of stock sales.
Filings with the Securities and Exchange Commission show Jabil's executive chairman, Mark Mondello, sold nearly $10 million worth of stock across four days this past week. From Jan. 13 to Jan. 15, he sold 22,800 shares for around $5.5 million, according to one filing. The string of sales was followed by two more transactions on Jan. 16 that came to 17,200 shares, worth around $4.3 million.
Following the transactions, Mondello's direct holdings stood at 1.1 million shares, which were valued at about $281 million based on Wednesday's closing price of $253.15.
The company announced last year that Mondello wouldn't seek re-election at its annual stockholder meeting. He is set to depart from the board and his role on Jan. 22 after 33 years with Jabil, including a decade as CEO.
Also on Jan. 16, Adam Berry, Jabil's senior vice president of investor relations and communications, sold 1,596 shares for around $253.20 apiece. Berry held just 18,920 shares following the transaction, valued at $4.8 million.
A separate filing shows director Anousheh Ansari sold $246,000 worth of stock through two separate sales consisting of 500 shares each on Jan. 13 and Jan. 15. Following the transactions, Ansari directly owned 33,900 shares that were worth around $8.6 million on Wednesday.
Barron's reached out to Jabil for comment on the transactions but hasn't received a reply.
Jabil shares surged 58% in 2025 and are up over 7% in 2026. B
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(END) Dow Jones Newswires
January 23, 2026 21:30 ET (02:30 GMT)
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