The ESPP allows you to share in Jabil’s success as a global organization.

Administered by UBS, the ESPP gives eligible Jabil employees the option to purchase Jabil stock at a 15% discount off the Fair Market Value (FMV).

ESPP Offering Periods

Jabil has two ESPP Offering Periods:

  • Offering Period 1 begins January 1 and ends June 30. You enroll December 1 – December 15.
  • Offering Period 2 begins July 1 and ends December 31. You enroll June 1 – June 15.

Watch for enrollment information emailed or posted at your worksite before each Offering Period.

Eligibility and Enrolling

You’re eligible to participate in the ESPP if you were hired on or before 90 days before the start of the Offering Period. This means:

  • For Offering Period 1, you must have been hired on or before October 3.
  • For Offering Period 2, you must have been hired on or before April 2.

You can enroll or make changes during the ESPP open enrollment period:

How the Plan Works

When you’re eligible and choose to participate in the ESPP:

  • You contribute 1% – 10% of your eligible pay each Offering Period through after-tax payroll contributions.
  • At the end of the Offering Period, your accumulated contributions will be used to purchase company stock on the purchase date. Jabil will transfer shares to you at 85% of the lower of the FMV of Jabil stock (JBL on the NYSE) on the first day of the Offering Period or the last day of the Offering Period into a personal UBS Financial Services account set up on your behalf.

Changing Your Contribution Election

You may change your contribution election one time during each Offering Period outside of the open enrollment period using the Change and Termination Form. Your new contribution election will continue into the next Offering Period, unless you elect to stop contributing.

If you do choose to stop contributing, the contributions collected during the Offering Period will be used to purchase shares on your behalf at the end of the Offering Period. You may re-enroll during a future ESPP open enrollment.

IRS Limits

The IRS limits the value and number of shares that can be purchased each Offering Period:

  • The maximum value limit is $12,500, adjusted for the 15% discount (for example, $12,500 x 85% = $10,625 per Offering Period).
  • The share purchase limit is determined by dividing $12,500 by the FMV of a share of Jabil stock on the first day of the Offering Period.

Your UBS Account

UBS opens an account for you after your first shares are purchased through the ESPP (in the month after the Offering Period closes). At this time, you will be able to access your account using your Workday Employee ID as your UBS ID. You cannot access your account before this time.

Your online account gives you access to your purchase history, plan information, and financial and support tools.