Janus Living (JAN) EVP granted 10,000 fully vested LTIP Units as equity award

Rhea-AI Filing Summary

Janus Living, Inc. executive vice president and treasurer Ankit B. Patadia received a grant of 10,000 LTIP Units on Class A-1 Common Stock. These units were granted at a price of $0.00 per unit and represent equity-based compensation rather than an open-market purchase.

The LTIP Units are a class of membership interests in Janus Living OP, LLC, intended to qualify as profits interests for U.S. federal income tax purposes and have no expiration date. Once vesting and capital account conditions are met, they can be converted into OP Units and then redeemed for cash equal to the value of, or converted into, shares of Class A-1 Common Stock on a one-for-one basis. Following this grant, Patadia holds 10,000 LTIP Units, which are described as fully vested and granted in connection with the company’s initial public offering of Class A-1 Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Patadia Ankit B.

Role EVP AND TREASURER

Type	Security	Shares	Price	Value
Grant/Award	LTIP Units	10,000	$0.00	--

Holdings After Transaction: LTIP Units — 10,000 shares (Direct)

Footnotes (1)

1. Represents a class of common units of membership interest in Janus Living OP, LLC, ("Janus OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common units of membership interest in Janus OP (the "OP Units"). The 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 the Issuer's Class A-1 Common Stock on a one-for-one basis, and have no expiration date. Represents fully vested LTIP Units granted in connection with the Issuer's initial public offering of Class A-1 Common Stock.

Form 4 Insider Transactions: What Each Field Means →

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^*

Patadia Ankit B.

(Last) (First) (Middle)

C/O JANUS LIVING, INC.

4600 SOUTH SYRACUSE STREET, SUITE 500

(Street)

DENVER COLORADO 80237

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Janus Living, Inc. [ JAN ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

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

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

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

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

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
LTIP Units	(1)	03/23/2026		A(2)		10,000		(2)	(1)	Class A-1 Common Stock	10,000	$0	10,000	D

Explanation of Responses:

1. Represents a class of common units of membership interest in Janus Living OP, LLC, ("Janus OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common units of membership interest in Janus OP (the "OP Units"). The 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 the Issuer's Class A-1 Common Stock on a one-for-one basis, and have no expiration date.

2. Represents fully vested LTIP Units granted in connection with the Issuer's initial public offering of Class A-1 Common Stock.

	/s/ Carol B. Samaan, as Attorney-in-Fact, for Ankit B. Patadia	03/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Janus Living (JAN) report for Ankit B. Patadia?

Janus Living reported that EVP and treasurer Ankit B. Patadia received a grant of 10,000 LTIP Units. The units were awarded at $0.00 per unit as equity-based compensation, not as an open-market purchase or sale of the company’s Class A-1 Common Stock.

What are LTIP Units in the Janus Living (JAN) Form 4 filing?

The LTIP Units are a class of common units in Janus Living OP, LLC intended to qualify as profits interests. They have no expiration date and, after meeting vesting and capital account conditions, can convert into OP Units and then into or for Class A-1 Common Stock on a one-for-one basis.

How many LTIP Units does the Janus Living (JAN) executive hold after this transaction?

After the reported transaction, Ankit B. Patadia holds 10,000 LTIP Units. The filing indicates this full amount results from the grant on the transaction date, and these LTIP Units are described as fully vested and granted in connection with Janus Living’s initial public offering of Class A-1 Common Stock.

Is the Janus Living (JAN) LTIP Unit grant an open-market buy or sell?

No, the LTIP Unit grant is not an open-market buy or sell. It is reported as a grant or award acquisition at $0.00 per unit, reflecting equity compensation for the executive rather than a discretionary market trade in Janus Living’s Class A-1 Common Stock.

How can Janus Living (JAN) LTIP Units ultimately relate to Class A-1 Common Stock?

Once vesting and capital account balance conditions are met, the LTIP Units may be converted into OP Units. Those OP Units are redeemable for cash equal to one share’s fair market value or convertible into one share of Janus Living’s Class A-1 Common Stock, with no expiration date mentioned.