KAHLER ELLIOT HOUSMAN 4
Research Summary
AI-generated summary
Janus (JBI) GC Elliot Housman Sells 589 Shares
What Happened
- Elliot Housman, General Counsel and Corporate Secretary of Janus International Group (JBI), had 589 shares withheld/disposed to satisfy tax withholding obligations. The reported per-share value was $5.06, for a total of $2,980.
- This was a tax-withholding disposition tied to the vesting/settlement of restricted stock units (RSUs), not an open-market sale for investment purposes.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (filed the next day; no late filing indicated).
- Price: $5.06 per share; Total value of shares withheld/disposed: $2,980.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Shares were withheld to satisfy tax withholding upon RSU vesting/settlement.
- F2: Filing text includes "Includes 76,536 RSUs."
- Transaction code: F (tax withholding on award settlement), a routine administrative disposition.
Context
- Tax-withholding dispositions are common when RSUs vest and do not necessarily signal insider sentiment (unlike open-market purchases, which can be more informative).
- This was a cashless/withholding action to cover taxes rather than a discretionary sale of stock into the market.