MUSELES STEVEN A 4

What Happened Steven A. Museles, Chief Legal Officer and Corporate Secretary of JBG SMITH Properties (JBGS), sold a total of 20,010 shares in two open-market transactions on June 8, 2026. He disposed of 7,978 shares at $15.00 each (proceeds $119,670) and 12,032 shares at $15.01 each (proceeds $180,600), for combined proceeds of approximately $300,270. These were sales (not purchases or option exercises) and are generally considered routine insider sales rather than a clear bullish signal.

Key Details

• Transaction date: 2026-06-08 (reported on Form 4 filed 2026-06-09) — appears to be filed timely.
• Trades: 7,978 shares @ $15.00 (sale) and 12,032 shares @ $15.01 (sale).
• Total shares sold: 20,010; total proceeds: ~$300,270.
• Transaction type/code: Open-market sales (S).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes were reported in the summary provided.

Context Insider sales are common for a variety of personal and portfolio reasons and do not by themselves indicate management’s view of the company’s prospects. Purchases typically carry more weight for signaling. This filing reflects routine open-market dispositions by an executive; no exercise of options, gifts, or other derivative activity was reported.