Hodges Morgan 4

What Happened

• Morgan Hodges, Executive Vice President of Janus International Group (JBI), had shares withheld to satisfy tax withholding upon the vesting/settlement of restricted stock units (RSUs). On 2026-03-19, 1,469 shares were withheld at $5.37 each ($7,889). On 2026-03-21, 1,244 shares were withheld at $5.25 each ($6,531). Total shares withheld: 2,713; total value: ~$14,420.
• This was a tax-withholding/cashless settlement of RSUs (routine), not an open-market sale or purchase — generally not a directional signal about the insider’s view.

Key Details

• Transaction dates/prices: 3/19/2026 — 1,469 shares @ $5.37 ($7,889); 3/21/2026 — 1,244 shares @ $5.25 ($6,531).
• Total withheld: 2,713 shares, total value ~ $14,420.
• Footnotes: F1 confirms shares were withheld to satisfy tax withholding on RSU vesting. F2 notes 46,868 RSUs are included in the reported holdings. Other footnotes (F3–F13) indicate certain shares are held by various family gift or revocable trusts.
• Shares owned after the transactions: not explicitly stated in the transaction details of this Form 4 filing.
• Filing/timeliness: Form 4 was filed 2026-03-23 for transactions on 2026-03-19 and 2026-03-21. The filing shows no lateness flag in the provided data.

Context

• These transactions are tax-withholdings tied to RSU settlement (a common, non-discretionary event). They are effectively a cashless disposition of a portion of vested shares to cover taxes and differ from voluntary open-market sales.
• For retail investors, purchases or open-market sales by insiders are typically more informative about sentiment. Tax-withholding dispositions are routine and do not, by themselves, indicate a change in conviction.