Jackson Ramey Pierce 4
Research Summary
AI-generated summary
Janus (JBI) CEO Jackson Ramey Pierce Receives RSU Award
What Happened
- Jackson Ramey Pierce, CEO of Janus International Group (JBI), received a grant of 268,974 restricted stock units (RSUs) on March 11, 2026 (reported 2026-03-11). The RSUs were granted at $0.00 (i.e., they are awards, not purchases) and will be settled in shares upon vesting.
- On March 10, 2026, 22,385 shares were disposed (withheld) at $5.58 per share to satisfy tax withholding obligations related to the vesting/settlement of RSUs, generating proceeds/equivalent value of $124,908. The withholding is an administrative, tax-covering transaction rather than a market sale.
Key Details
- Transaction dates/prices: 2026-03-10 — 22,385 shares withheld at $5.58 ($124,908); 2026-03-11 — grant of 268,974 RSUs at $0.00.
- Vesting: The RSUs granted on March 11, 2026 vest in three equal installments on March 11 of 2027, 2028 and 2029 and will be settled by delivery of shares (Footnote F2).
- Holdings noted: Footnote F3 references 474,396 RSUs (included in reported holdings). Footnotes F4–F6 indicate additional shares held directly by related trusts.
- Transaction codes: A = Award/Grant; F = Tax withholding (shares withheld to satisfy taxes).
- Filing: Report filed 2026-03-11 for events on 2026-03-10 and 2026-03-11. No late-filing flag noted in the information provided.
Context
- RSU grants are compensation awards that convert to shares on vesting; the withheld shares were used to cover tax obligations (a routine, non‑market-sale administrative step). The grant increases potential future share ownership as the RSUs vest; the withholding reduces immediate share delivery.
- This filing documents executive compensation-related activity (awards and tax withholding), which is different from an open-market purchase or sale and does not by itself indicate a buy/sell signal. For full post-transaction ownership totals, consult the complete Form 4 (the provided summary cites RSU totals and trust holdings but does not give a single net "shares owned after" number).