Janus International (JBI) CAO covers RSU tax bill with 1,654 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Janus International Group, Inc. Chief Accounting Officer David Vanevenhoven reported routine tax-related share withholdings tied to restricted stock units (RSUs). On March 19, 950 shares of common stock were withheld at $5.37 per share, and on March 21, 704 shares were withheld at $5.25 per share, both coded as tax-withholding dispositions rather than open‑market sales. These 1,654 shares were delivered to cover tax obligations upon RSU vesting and settlement. After these transactions, Vanevenhoven directly holds 40,717 common shares, including 31,782 RSUs, indicating the moves are compensation-related mechanics rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VANEVENHOVEN DAVID
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 704 | $5.25 | $4K |
| Tax Withholding | Common Stock | 950 | $5.37 | $5K |
Holdings After Transaction:
Common Stock — 40,717 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units ("RSUs"). Includes 31,782 RSUs.
FAQ
What insider transactions did Janus International (JBI) report for David Vanevenhoven?
Janus International reported that Chief Accounting Officer David Vanevenhoven had 1,654 common shares withheld in two transactions. These were tax-withholding dispositions tied to restricted stock units vesting, not open-market purchases or sales, and were coded as Form 4 transaction type F.
Were the recent JBI insider transactions open-market sales of stock?
No, the JBI insider transactions were not open-market sales. The Form 4 shows type F dispositions, where 1,654 shares were withheld to satisfy tax obligations upon the vesting and settlement of restricted stock units held by the Chief Accounting Officer.
What does Form 4 transaction code F mean for Janus International (JBI)?
For JBI, transaction code F on Form 4 means shares were withheld to pay taxes or exercise costs, not actively sold in the market. It reflects delivery of issuer stock to satisfy obligations arising from equity awards like restricted stock units.