Jones Ventures (JONE) CEO Alan Hill Receives 100,000 Class B Shares

What Happened
Alan Finbar Hill, CEO and a director of Jones Ventures INTL Acquisition1 Corp (JONE), was assigned 100,000 Class B ordinary shares on July 13, 2026. The shares were reported at $0.00 per share with a total reported derivative value of $300. This was an acquisition via assignment (transaction code J — "other acquisition or disposition"), not an open-market purchase or sale.

Key Details

• Transaction date: July 13, 2026; Form 4 filed: July 20, 2026 (appears later than the SEC’s usual two-business-day filing deadline).
• Security: 100,000 Class B ordinary shares; reported price: $0.00; reported derivative value: $300.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote highlights:
  • F1: Class B shares convert one-for-one into Class A ordinary shares upon the issuer’s initial business combination, may be adjusted for anti-dilution, have no expiration, and are subject to forfeiture under certain conditions related to Mr. Hill’s board service.
  • F2: The 100,000 Class B shares were assigned by the Sponsor to Mr. Hill under a securities purchase agreement dated July 13, 2026, in connection with his appointment to the board.

Context
This was an assignment of convertible Class B shares tied to a board appointment, not a market trade — such grants/assignments often reflect compensation or governance arrangements and do not by themselves indicate the insider’s view on the stock. The Class B shares are derivative in nature (convertible to Class A at a later corporate event) and may be forfeited under specified circumstances.