Jabil (JBL) Chairman Morean Sells 19,200 Shares

April 16, 2012 4:27 PM EDT
Jabil Circuit's (NYSE: JBL) Chairman Bill Morean sold some of his holdings recently, made in accordance with a Rule 10b5-1 trading plan adopted by Morean.

Morean directly sold 19,200 shares of Jabil common on April 12, 2012, for an average price of $23.3543, or gross proceeds of $448,400.

Following the sale, Morean holds 2,513,917 common shares.

Morean also sold 20,350 indirectly.

Shares of Jabil ended up closing 0.2 percent better Monday.


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