Jackson Ramey Pierce 4
Research Summary
AI-generated summary
Janus (JBI) CEO Jackson Ramey Pierce Withholds 31,133 Shares for Taxes
What Happened
Janus International Group CEO Jackson Ramey Pierce had a total of 31,133 shares withheld to satisfy tax-withholding obligations upon RSU vesting (code F). The withholding occurred in two tranches: 15,586 shares withheld on 2026-03-19 at $5.37 each ($83,697) and 15,547 shares withheld on 2026-03-21 at $5.25 each ($81,622), for a combined value of roughly $165,319. This is a routine tax-withholding disposition rather than an open-market sale or purchase.
Key Details
- Transaction dates and amounts:
- 2026-03-19: 15,586 shares @ $5.37 = $83,697 (withheld for taxes)
- 2026-03-21: 15,547 shares @ $5.25 = $81,622 (withheld for taxes)
- Total shares withheld: 31,133; total value ≈ $165,319.
- Shares owned after transaction: Not explicitly stated in the provided filing excerpt.
- Notable footnotes:
- F1: Shares were withheld to satisfy tax withholding on RSU vesting.
- F2: Filing references/includes 404,499 RSUs in reported holdings.
- F3–F5: Some common stock is held directly by related trusts (Ray P. Jackson Jr. Revocable Trust; Pierce Jackson Gift Trust; Preslie Jackson Gift Trust).
- Filing timeliness: Form 4 was filed on 2026-03-23; no late filing is indicated in the provided data.
Context
These transactions are tax-withholding dispositions tied to RSU vesting (routine and administrative). They are different from open-market sales (which might signal sentiment) or option exercises followed by market sales. For retail investors, tax-withholding on RSUs is common and not in itself a clear indicator of the executive’s view on the company.