Byerly Lance A 4
Research Summary
AI-generated summary
Janus (JBI) Director Lance Byerly Receives 443 RSU Award
What Happened
- Lance A. Byerly, a director of Janus International Group, Inc. (JBI), received a grant of 443 restricted stock units (RSUs) on March 11, 2026. The Form 4 reports an acquisition price of $0.00 because these are compensation RSUs rather than a cash purchase. The RSUs will fully vest on June 9, 2026, subject to continued service on the board, and will be settled by delivery of shares of common stock.
Key Details
- Transaction date: 2026-03-11; transaction type: A (award/grant).
- Shares/units granted: 443 RSUs; reported acquisition price: $0.00 (typical for restricted awards).
- Vesting/settlement: Fully vest on June 9, 2026 if service condition met; settlement in shares.
- Holdings note: Footnote indicates "Includes 25,177 RSUs" — the filing flags 25,177 RSUs as included in the reporting/holdings information.
- Filing timeliness: Report filed on March 11, 2026 (same day), indicating a timely filing.
Context
- RSUs are a form of compensation that convert to shares upon vesting; they do not represent an immediate market purchase or sale. Such grants are common for board members and reflect compensation rather than a direct bullish trade signal.