Daily Journal Corp (DJCO) director John Frank discloses 50-share equity award

Rhea-AI Filing Summary

Daily Journal CorpDecember 16, 2025, he acquired 50 shares of common stock of Daily Journal Corp at a price of $0, recorded as an acquisition of non-derivative securities. These shares reflect restricted stock units that vest in two equal annual installments on October 1, 2026 and October 1, 2027.

All restricted stock units are settled in stock, with any fractional units settled in cash. Following this grant, John Frank beneficially owns 115 shares of Daily Journal Corp common stock in direct ownership.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Frank John

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	50	$0.00	--

Holdings After Transaction: Common Stock — 115 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

12/17/2025 - 05:08 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Frank John

(Last) (First) (Middle)

915 EAST FIRST STREET

(Street)

LOS ANGELES CA 90012

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DAILY JOURNAL CORP [ DJCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/16/2025		A		50	A	$0	115	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Reflects grants of restricted stock units, each of which vest in two annual installments on October 1, 2026 and October 1, 2027. All restricted stock units are settled in stock (except for fractional units, which are settled in cash).

	/s/ John Frank	12/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Daily Journal Corp (DJCO) report in this Form 4?

The filing reports that director John Frank acquired 50 shares of Daily Journal Corp common stock on December 16, 2025 through a stock grant priced at $0 per share.

What type of shares were granted to the Daily Journal Corp (DJCO) director?

The transaction reflects a grant of restricted stock units, which will be settled in shares of common stock, with any fractional units settled in cash.

When do the restricted stock units granted by Daily Journal Corp (DJCO) vest?

The restricted stock units vest in two annual installments, on October 1, 2026 and October 1, 2027.

How many Daily Journal Corp (DJCO) shares does John Frank own after this transaction?

After the reported grant, John Frank beneficially owns 115 shares of Daily Journal Corp common stock in direct ownership.

What was the reported price for the Daily Journal Corp (DJCO) stock grant?

The 50 shares of Daily Journal Corp common stock reported in the Form 4 were acquired at a stated price of $0 per share as part of an equity award.

What is John Frank’s relationship to Daily Journal Corp (DJCO)?

John Frank is reported as a director of Daily Journal Corp and filed the Form 4 as a single reporting person.