JCTC: Oregon Community Foundation (10%) Sells 176,006 Shares
$JCTC · JEWETT CAMERON TRADING CO LTDResearch Summary
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JCTC: Oregon Community Foundation (10%) Sells 176,006 Shares
What Happened
Oregon Community Foundation, listed as a 10% owner of JEWETT CAMERON TRADING CO LTD (JCTC), sold 176,006 shares on August 6, 2026 in a private transaction at $1.85 per share for proceeds of about $325,611. The Form 4 also reports a related derivative line showing disposition of 1 share (value N/A) tied to the same agreement.
Key Details
- Transaction date: 2026-08-06 (reported on Form 4 filed 2026-08-10). The filing appears timely (within the 2-business-day Form 4 window).
- Sale details: 176,006 shares sold at $1.85 per share; total reported proceeds ≈ $325,611.
- Derivative item: 1 share listed as disposed (N/A value) — linked to the transaction agreement and option arrangement (see footnotes).
- Post-transaction holdings: Not specified in the provided summary of the filing.
- Footnotes: The sale was pursuant to a purchase and sale agreement dated Aug 6, 2026. As part of the consideration, the reporting person granted a call option to the buyer; that call option becomes exercisable upon closing of the referenced sale and will terminate if the sale is not completed by Sept 30, 2026 unless extended.
Context
This filing reflects institutional (10% owner) selling in a private deal, not an executive or director trade. The grant of a call option as part of the transaction is a contractual detail of the sale and should not be interpreted as a separate purchase or exercise by the reporting person. As always, sales by large shareholders can be for many reasons (portfolio rebalancing, liquidity needs, etc.), so investors should use this factual information alongside other research.