Stewart Robert Alexander 4
4 · JBG SMITH Properties · Filed Nov 17, 2025
Insider Transaction Report
Form 4
Stewart Robert Alexander
Director
Transactions
- Conversion
Common Shares
2025-11-17+200,000→ 200,000 total(indirect: By LLC) - Conversion
OP Units
2025-11-17−200,000→ 556,631 total(indirect: By LLC)→ Common Shares (200,000 underlying)
Holdings
- 30,000(indirect: By Trust)
Common Shares
- 20,548
Common Shares
- 75,000(indirect: By LLC)
OP Units
→ Common Shares (75,000 underlying) - 14,118
OP Units
→ Common Shares (14,118 underlying)
Footnotes (2)
- [F1]Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. This transaction represents solely a redemption of OP Units for Common Shares. No sale or monetization of securities has occurred. Upon the conversion of the OP Units, each of Mr. Stewart's corresponding Class B Shares were automatically redeemed and cancelled by the Issuer for no consideration. Class B Shares of the Issuer have no economic rights and are not listed on a stock exchange.
- [F2]Mr. Stewart is the sole trustee and beneficiary of the Robert Alexander Stewart Revocable Trust.