Regan-Levine Evan 4
4 · JBG SMITH Properties · Filed Sep 15, 2025
Insider Transaction Report
Form 4
Regan-Levine Evan
Chief Strategy Officer
Transactions
- Conversion
OP Units
2025-09-15−5,714→ 584 total→ Common Shares (5,714 underlying) - Conversion
LTIP Units
2025-09-15−5,714→ 133,011 total→ Common Shares (5,714 underlying) - Sale
Common Shares
2025-09-15$23.62/sh−5,714$134,965→ 0 total - Conversion
Common Shares
2025-09-15+5,714→ 5,714 total - Conversion
OP Units
2025-09-15+5,714→ 6,298 total→ Common Shares (5,714 underlying)
Footnotes (4)
- [F1]The reported transactions represent solely a conversion of limited partnership units in JBG SMITH Properties LP (the "OP"), the operating partnership of JBG SMITH Properties (the "Issuer"), designated as LTIP Units ("LTIP Units") into Operating Partnership Units ("OP Units") in the OP, and an exchange of OP Units into common shares of the Issuer, par value $0.01 ("Common Shares"). No sale or monetization of securities has occurred.
- [F2]Each OP Unit is redeemable, once vested, by the holder for one Common Share, or the cash value of a Common Share, at the Issuer's option.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.59 to $23.65, inclusive. The reporting person undertakes to provide to JBG SMITH Properties, any security holder of JBG SMITH Properties, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- [F4]Limited partnership units in the OP designated as LTIP Units are a class of units in the OP that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of OP Units.