VANEVENHOVEN DAVID 4
Research Summary
AI-generated summary
Janus (JBI) Chief Accounting Officer David VanEvenhoven Receives RSUs
What Happened
- David VanEvenhoven, Chief Accounting Officer of Janus International Group, Inc. (JBI), received a grant of 20,233 restricted stock units (RSUs) on 2026-03-11 (reported as an award/acquisition). The RSUs were granted based on the closing share price on the grant date and are reported at $0.00 on the Form 4.
- To satisfy tax withholding obligations upon a separate vesting/settlement event, 1,797 shares were withheld/disposed on 2026-03-10 at $5.58 per share for gross proceeds of $10,027 (transaction code F). The withholding is a tax-related disposition, not an open-market sale.
Key Details
- Transaction dates and amounts:
- 2026-03-10: 1,797 shares withheld at $5.58 each — $10,027 (tax withholding/disposition, code F).
- 2026-03-11: Grant of 20,233 RSUs (reported as acquisition, code A); reported acquisition value $0.00 on Form 4.
- Vesting schedule: The RSUs granted on 2026-03-11 vest in three equal installments on March 11, 2027, 2028, and 2029 and will be settled by delivery of shares (per footnote).
- Holdings note: the filing’s footnote(s) reference a total that "includes 35,494 RSUs." The Form 4 does not explicitly state total shares owned after these transactions beyond the RSU disclosures.
- Filing timeliness: Reported period is 2026-03-10 and the Form 4 was filed 2026-03-11, which is within the usual Form 4 reporting window (no late filing indicated).
Context
- Withholding of shares to cover taxes (code F) is a routine administrative action and should not be read as a directional bet by the insider. The RSU grant is an award that vests over time; it does not represent an immediate cash purchase or sale.