Bo, I'm sure you're probably aware of this, but I would point out that Jacobs doesn't control those shares that the Trust has:
"The Roberti Jacobs Family Trust is an irrevocable trust. The trustee of the trust is the mother-in-law of Mr. Jacobs. Mr. Jacobs is neither a trustee nor a beneficiary of the Roberti Jacobs Family Trust, however, his children are beneficiaries of the trust. Mr. Jacobs has disclaimed beneficial ownership of all shares owned by the trust. "
They've been regularly selling every three months, albeit somewhat less during the winter quarter:
Notices of Proposed Sale Reported on Form 144 of ROBERTI JACOBS FAMILY TRUST Description
Click on the column header links to resort ascending or descending .
Company
Select a company below for more information. Relation File Date Shares Broker
CGI HOLDING STK B/O 04/04/2005 250,000 BROWN BROTHERS HARRIMAN
CGI HOLDING STK B/O 12/15/2004 78,607 BROWN BROTHERS HARRIMAN
CGI HOLDING STK B/O 08/25/2004 250,000 BROWN BROTHERS HARRIMAN