[Form 4] Janus Living, Inc. Insider Trading Activity
Janus Living, Inc. director Arabia John V increased his holdings in connection with the company’s initial public offering of Class A-1 Common Stock.
Rhea-AI Filing Summary
Janus Living, Inc. director Arabia John V increased his holdings in connection with the company’s initial public offering of Class A-1 Common Stock. He received 2,500 vested shares tied to the IPO and a separate grant of 5,000 restricted stock units as annual equity compensation for board service.
The RSUs convert into Class A-1 shares on a one-for-one basis and vest on the earliest of the first anniversary of the grant date, the company’s next annual stockholder meeting after the grant date, or termination of his service due to death or disability. In addition, he made an open-market style purchase of 60,000 shares at $20.00 per share from the IPO underwriters. Following these transactions, he holds 67,500 Class A-1 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A-1 Common Stock | 2,500 | $0.00 | $0.00 |
| Grant/Award | Class A-1 Common Stock | 5,000 | $0.00 | $0.00 |
| Purchase | Class A-1 Common Stock | 60,000 | $20.00 | $1.20M |
Footnotes (3)
- F1. Represents the grant of vested shares in connection with the Issuer's initial public offering of Class A-1 Common Stock ("IPO").
- F2. 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.
- F3. Represents shares purchased from the underwriters in the IPO.
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