Olsen Denise 4

What Happened
Denise Olsen, a director of Janus Living, reported acquisitions on 2026-03-23 totaling 8,000 shares. That includes two awards (2,500 vested shares related to the IPO and 5,000 restricted stock units) reported at $0.00 and an open-market/private purchase of 500 shares at $20.00 each (total cost $10,000). The 500-share purchase is a direct cash outlay; the other 7,500 shares were awards or IPO-related grants (compensation/issuance).

Key Details

• Transaction date: 2026-03-23; Form 4 filed 2026-03-24 (reports the 3/23 transactions).
• Awards/grants: 2,500 shares (F1, vested IPO shares) and 5,000 RSUs (F2) reported at $0.00.
• Purchase: 500 shares @ $20.00 = $10,000 (F3 indicates purchase from underwriters in the IPO).
• Shares owned after transaction: Not specified in the provided filing details.
• Transaction codes: A = Award/Grant, P = Purchase.
• Filing timeliness: Filing date is 2026-03-24 for transactions dated 2026-03-23—appears timely based on those dates.

Context

• F1: 2,500 shares were granted and vested in connection with the company’s IPO. F2: 5,000 RSUs are director compensation that convert 1-for-1 to Class A-1 common stock and vest by the earlier of one year after grant, the next annual meeting, or upon death/disability. F3: 500 shares were purchased from underwriters in the IPO at $20 each.
• Grants reported at $0.00 reflect compensation/issuance, not cash purchases; the only cash purchase here was 500 shares for $10k. Purchases tend to be more informative for investor sentiment, while awards are routine compensation.