Key facts
- This page summarizes JACOBS SOLUTIONS INC.'s Form 4 filing for Amentum Holdings, Inc. (AMTM).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 17 Mar 2025, 20:25.
JACOBS SOLUTIONS INC. - 13 Mar 2025 Form 4 Insider Report for Amentum Holdings, Inc. (AMTM)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- AMTM
- Reported as of
- 13 Mar 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Mar 2025, 20:25:30 UTC
- Prior SEC filing
- 25 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Justin Johnson, General Counsel, Executive Vice President & Secretary
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
JACOBS SOLUTIONS INC. filed Form 4 for Amentum Holdings, Inc. (AMTM) on 17 Mar 2025.
Change
- Previous filing in this sequence was filed on 25 Sep 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AMTM
transaction
Common Stock
Other
- Transaction value
- Shares
- -19,464,174
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 13 Mar 2025
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
JACOBS SOLUTIONS INC. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On March 13, 2025, Jacobs Engineering Group Inc. ("JEG"), a wholly-owned subsidiary of Jacobs Solutions Inc. (the "Company" or "Jacobs"), exchanged 19,464,174 shares of common stock, par value $0.01 per share, of Amentum Holdings, Inc. (the "Amentum Common Stock") for aproximately 240 million Pounds in aggregate principal amount of term loans under its Amended and Restated Term Loan Agreement, dated as of February 6, 2023, by and among inter alia JEG, as borrower, Jacobs, as guarantor, the lenders party thereto and Bank of America, N.A., as amended. The exchanged portion of term loans have been retired. After giving effect to such exchange and retirement, Jacobs' aggregate outstanding borrowings decreased by approximately 240 million Pounds, or the equivalent of approximately $312 million based on an exchange rate of $1.2990 per 1 Pound.
Footnote F2
An additional 9,732,087 shares of Amentum Common Stock remain in escrow, subject to final determination of certain performance milestones in connection with a post-closing adjustment to the merger consideration provided in the transaction documents relating to the combination of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings LLC on September 27, 2024. While such Amentum Common Stock remains in escrow, Jacobs does not beneficially own or have any pecuniary interest in such Amentum Common Stock. To the extent any such Amentum Common Stock is released to Jacobs, Jacobs will not have voting power over the Amentum Common Stock and Jacobs will distribute to Jacobs' shareholders, on a pro rata basis, any such shares received by it.
Footnote F3
The shares of Amentum Common Stock beneficially owned by Jacobs were owned directly by JEG. Jacobs was an indirect beneficial owner of the retained securities.