Janus International Group, Inc.·4

Mar 11, 8:49 PM ET

KAHLER ELLIOT HOUSMAN 4

Research Summary

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Janus International (JBI) GC Elliot Kahler Receives RSU Award; 4,700 Shares Withheld

What Happened
Elliot Kahler, General Counsel and Corporate Secretary of Janus International Group (JBI), was granted 47,032 restricted stock units (RSUs) on 2026-03-11 (reported as an award, code A). On 2026-03-10, 4,700 shares were withheld to satisfy tax withholding obligations related to RSU vesting/settlement (reported as disposition, code F) at $5.58 per share, totaling $26,226. The RSU grant was reported with a $0 acquisition price because it is an award rather than an open-market purchase.

Key Details

  • Transactions reported:
    • 2026-03-10: 4,700 shares withheld for taxes (F) at $5.58 — proceeds/consideration reported as $26,226 (disposed to satisfy withholding).
    • 2026-03-11: Grant of 47,032 RSUs (A) reported as acquired at $0 (award).
  • Vesting: The RSUs granted on March 11, 2026 vest in three equal annual installments on March 11 of 2027, 2028 and 2029 and will be settled by delivery of shares upon vesting (footnote F2).
  • Holdings: Filing notes include 86,491 RSUs in the reporting person’s holdings (footnote F3). The exact total shares beneficially owned after these transactions is not specified in the excerpt.
  • Notes: Footnote F1 confirms the 4,700-share disposition was a tax withholding. The filing was submitted 2026-03-11 for transactions on 2026-03-10–11, which appears to be timely (no late filing indicated).

Context
RSU grants are compensation awards and do not require cash purchase; they only convert into actual shares as they vest. The 4,700-share disposition was a routine tax-withholding action (common on RSU settlement) and should not be read as a discretionary sale for personal cash needs. The grant increases potential future stake but will only become shares as the RSUs vest in coming years.