AI English summary of an SEC filing — figures as filed
Jacobs Solutions JThe company said its board on July 11, 2024 elected Vice Admiral Mary M. Jackson as a director to serve until the annual shareholder meeting in 2025. The board determined that she is independent under New York Stock Exchange standards and the company's own guidelines.
Key points
AI summaryThe company said its board on July 11, 2024 elected Vice Admiral Mary M. Jackson as a director to serve until the annual shareholder meeting in 2025. The board determined that she is independent under New York Stock Exchange standards and the company's own guidelines.
The company said Vice Admiral Jackson's election will take effect on the earlier of the closing date of the previously announced spin-off transaction or January 15, 2025. The transaction will combine the Critical Mission Solutions business and parts of the Divergent Solutions business, including Cyber & Intelligence, with Amentum Parent Holdings LLC.
The company said Vice Admiral Jackson will receive the standard annual compensation for non-management directors, which includes a cash retainer of $125,000 per year and restricted stock units with a total value of $190,000. The restricted stock units will be pro-rated based on her election date. She will also be eligible to participate in the Jacobs Director Deferral Plan.
The company said Vice Admiral Jackson served in the U.S. Navy for more than 30 years, including as Vice Admiral, Navy Installations Command from 2017 until her retirement in 2020. She has served on the board of Victory Capital Holdings since January 2023 and on the board of Custom Truck One Source since April 2022.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Jacobs Solutions Elects Vice Admiral Mary M. Jackson to Board
The company said its board on July 11, 2024 elected Vice Admiral Mary M. Jackson as a director to serve until the annual shareholder meeting in 2025. The board determined that she is independent under New York Stock Exchange standards and the company's own guidelines.
Source · Based on the filing body and exhibits
Effective Date Conditions for New Director
The company said Vice Admiral Jackson's election will take effect on the earlier of the closing date of the previously announced spin-off transaction or January 15, 2025. The transaction will combine the Critical Mission Solutions business and parts of the Divergent Solutions business, including Cyber & Intelligence, with Amentum Parent Holdings LLC.
Source · Based on the filing body and exhibits
Director Compensation Terms
The company said Vice Admiral Jackson will receive the standard annual compensation for non-management directors, which includes a cash retainer of $125,000 per year and restricted stock units with a total value of $190,000. The restricted stock units will be pro-rated based on her election date. She will also be eligible to participate in the Jacobs Director Deferral Plan.
Source · Based on the filing body and exhibits
Vice Admiral Jackson's Background
The company said Vice Admiral Jackson served in the U.S. Navy for more than 30 years, including as Vice Admiral, Navy Installations Command from 2017 until her retirement in 2020. She has served on the board of Victory Capital Holdings since January 2023 and on the board of Custom Truck One Source since April 2022.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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