Major holders of Janus Living (JAN) disclose initial ownership stakes
Rhea-AI Filing Summary
Janus Living, Inc. insiders have reported their initial ownership positions. Entities associated with the company indirectly hold 75,917,780 OP Units in Janus Living OP, LLC, which are linked one-for-one to Class A-1 Common Stock. Janus Member LLC also indirectly holds 138,816,246 shares of Class A-1 Common Stock and 75,917,780 shares of Class A-2 Common Stock, reflecting substantial voting and economic interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
HEALTHPEAK PROPERTIES, INC., Janus Member, LLC, CCRC PropCo Ventures, LLC
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | OP Units | -- | -- | -- |
| holding | Class A-1 Common Stock | -- | -- | -- |
| holding | Class A-2 Common Stock | -- | -- | -- |
Holdings After Transaction:
OP Units — 75,917,780 shares (Indirect, By CCRC PropCo Ventures);
Class A-1 Common Stock — 138,816,246 shares (Indirect, By Janus Member LLC);
Class A-2 Common Stock — 75,917,780 shares (Indirect, By Janus Member LLC)
Footnotes (2)
- F1. Shares of Class A-2 Common Stock provide a one-for-one voting right per common unit of membership interest ("OP Unit") in Janus Living OP, LLC, a subsidiary of the Issuer ("Janus OP"), directly or indirectly held by the reporting persons, until such OP Unit is sold, transferred or otherwise disposed of to any person or entity (other than the reporting persons or certain affiliates), redeemed for cash or, at the election of the Issuer, exchanged for shares of Class A-1 Common Stock pursuant to the terms of the Janus OP operating agreement.
- F2. OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Class A-1 Common Stock or, at the option of Janus OP, convertible to shares of Class A-1 Common Stock on a one-for-one basis, and have no expiration date.
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FAQ
What does the Janus Living (JAN) Form 3 filing disclose?
The Form 3 discloses initial ownership positions in Janus Living, Inc. Indirect holdings include OP Units tied to Class A-1 Common Stock, as well as large positions in Class A-1 and Class A-2 Common Stock held through affiliated entities, establishing baseline insider stakes.
How many OP Units tied to Janus Living Class A-1 stock are held?
Entities associated with Janus Living indirectly hold 75,917,780 OP Units, each linked to one share of Class A-1 Common Stock. These OP Units can be redeemed for cash equal to the fair market value of Class A-1 or exchanged into Class A-1 shares on a one-for-one basis.
What indirect holdings of Janus Living Class A-1 Common Stock are reported?
Janus Member LLC indirectly holds 138,816,246 shares of Class A-1 Common Stock. This position reflects a significant economic interest in Janus Living, Inc. and forms part of the baseline ownership reported on the Form 3 for the related reporting persons and affiliated entities.
How do OP Units in Janus Living OP, LLC function for investors?
OP Units are redeemable or exchangeable instruments. Holders may redeem them for cash equal to the fair market value of one Class A-1 share, or Janus OP can choose to convert them into Class A-1 Common Stock on a one-for-one basis, with no expiration date.
Are the Janus Living holdings reported as direct or indirect ownership?
All positions in this Form 3 are reported as indirect ownership. The OP Units are held through CCRC PropCo Ventures, while the Class A-1 and Class A-2 Common Stock positions are held through Janus Member LLC, reflecting ownership via affiliated entities rather than directly by individuals.