Janus Living (JAN) director gets IPO stock grants and buys shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Janus Living, Inc. director Denise Olsen reported new equity ownership tied to the company’s initial public offering. She received 2,500 vested shares of Class A-1 Common Stock in connection with the IPO and a grant of 5,000 restricted stock units as annual director compensation.
The RSUs convert one-for-one into Class A-1 Common Stock upon vesting, which occurs on the earlier of the first anniversary of the grant, the next annual stockholder meeting, or certain service-ending events. Olsen also bought 500 shares at $20 per share from the IPO underwriters, bringing her direct holdings to 8,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($10,000)
Net Buy
3 txns
Insider
Olsen Denise
Role
Director
Bought
500 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A-1 Common Stock | 2,500 | $0.00 | -- |
| Grant/Award | Class A-1 Common Stock | 5,000 | $0.00 | -- |
| Purchase | Class A-1 Common Stock | 500 | $20.00 | $10K |
Holdings After Transaction:
Class A-1 Common Stock — 2,500 shares (Direct)
Footnotes (1)
- Represents the grant of vested shares in connection with the Issuer's initial public offering of Class A-1 Common Stock ("IPO"). Represents the grant of restricted stock units ("RSU's") as annual equity compensation for service as a director of the Issuer. The RSUs convert on a one-for one basis into shares of Class A-1 Common Stock upon vesting, and vest in full on the earliest of the first anniversary of the grant date, the date of the Company's annual meeting of stockholders following the grant date, or the termination of the director's service due to death or disability. Represents shares purchased from the underwriters in the IPO.
FAQ
What insider transactions did Janus Living (JAN) director Denise Olsen report?
Denise Olsen reported equity awards and a share purchase in Janus Living. She received 2,500 vested shares and 5,000 restricted stock units, and separately bought 500 shares at $20 each in the IPO, ending with 8,000 Class A-1 Common shares.
What are the terms of Denise Olsen’s RSU grant at Janus Living (JAN)?
Olsen’s grant consists of 5,000 restricted stock units as annual director equity compensation. Each RSU converts one-for-one into Class A-1 Common Stock upon vesting, which occurs on the earlier of the first anniversary, the next annual stockholder meeting, or qualifying service-ending events.
How much of Denise Olsen’s Janus Living (JAN) position comes from compensation grants?
Most of Olsen’s 8,000-share position comes from compensation-related grants rather than market buying. She received 2,500 vested IPO-related shares and 5,000 RSUs as annual director equity, compared with a smaller 500-share purchase at $20 from IPO underwriters.