Jewett Cameron Trading Co Ltd: 10% owner Kotarba Partners exercised 176,006 shares

What happened Kotarba Partners Fund I, LP, a 10% owner, exercised an in-the-money derivative to acquire 176,006 shares at $1.85 per share on Sep 30, 2026, for $325,611. The filing also shows the related derivative obligation for 176,006 shares as disposed at $0.00, indicating that obligation was satisfied at the initial closing.

Key details

• Transaction date: Sep 30, 2026.
• Acquired: 176,006 shares at $1.85 per share for $325,611 (exercise).
• Disposed (derivative): 176,006 shares at $0.00 (obligation satisfied).
• Shares owned after the transaction: 176,006 shares held directly by Kotarba Partners Fund I, LP.
• Footnotes: Kotarba Partners & Co, LLC is the general partner and may be deemed to have power to vote or dispose of the Fund's shares but disclaims beneficial ownership except to the extent of its pecuniary interest. The derivative obligation arose under a Purchase and Sale Agreement dated Aug 6, 2026 with The Oregon Community Foundation and was satisfied at the Initial Closing on Sep 30, 2026. A previously reported purchase option to acquire up to 562,528 additional shares remains unchanged and is not reported on this Form 4.
• The filing does not indicate it was marked late.

Why it may matter

• The filing shows an exercise of a derivative and the obligation was satisfied at closing; it does not show an immediate sale of the acquired shares (not described as a cashless sale).
• Kotarba Partners Fund I, LP is a 10% owner (a large holder), not an executive.
• A filing does not show why the insider traded or why the company acted.