Janus Living awards EVP 10,000 LTIP Units

Janus Living, Inc. reported that EVP & General Counsel Tracy A. Porter received a grant of 10,000 LTIP Units in Janus Living OP, LLC.

Rhea-AI Filing Summary

Janus Living, Inc. reported that EVP & General Counsel Tracy A. Porter received a grant of 10,000 LTIP Units in Janus Living OP, LLC. These LTIP Units are fully vested and were granted in connection with the company’s initial public offering of Class A-1 Common Stock.

The LTIP Units are intended to qualify as profits interests and have no expiration date. Once capital account and any vesting conditions are met, they can be converted into OP Units, which are redeemable for cash equal to the value of one Class A-1 share or, at Janus OP’s option, convertible into Class A-1 Common Stock on a one-for-one basis. Following this award, Porter holds 10,000 LTIP Units.

Insider Trade Summary

Grant/Award: 10,000 shares

Grant/Award 1 txn

Insider Porter Tracy A

Role EVP & GENERAL COUNSEL

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

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

Footnotes (2)

1. F1. 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. F2. Represents fully vested LTIP Units granted in connection with the Issuer's initial public offering of Class A-1 Common Stock.

FAQ

What insider transaction did Janus Living (JAN) disclose for Tracy A. Porter?

Janus Living disclosed that EVP & General Counsel Tracy A. Porter received a grant of 10,000 LTIP Units. These units are a form of equity-based compensation tied to the company’s operating subsidiary and can ultimately convert into Class A-1 Common Stock.

How many LTIP Units were granted to the Janus Living (JAN) executive?

The executive was granted 10,000 LTIP Units. These units are fully vested and linked to Janus Living’s initial public offering of Class A-1 Common Stock, giving the holder potential future conversion into OP Units and then Class A-1 shares on a one-for-one basis.

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 conditions are met, can convert into OP Units that are redeemable for cash or convertible into Class A-1 Common Stock.

Can the granted LTIP Units at Janus Living (JAN) turn into common stock?

Yes. Once capital account and other conditions are satisfied, LTIP Units convert into OP Units. Those OP Units are either redeemable for cash equal to one Class A-1 Common share’s value or, at Janus OP’s option, convertible into one share of Class A-1 Common Stock.

Is the Janus Living (JAN) LTIP Unit grant tied to the company’s IPO?

Yes. The 10,000 LTIP Units granted to Tracy A. Porter are described as fully vested units awarded in connection with Janus Living’s initial public offering of Class A-1 Common Stock, aligning the executive’s incentives with the company’s public equity launch.

What is the exercise or expiration profile of Janus Living (JAN) LTIP Units?

The LTIP Units have an exercise or conversion price of zero and no expiration date. After meeting capital account and vesting conditions, they become OP Units, which remain redeemable for cash or convertible into Class A-1 Common Stock without a stated expiration.

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Accepted by SEC EDGAR 03/24/2026 - 05:17 PM Learn about SEC filing dates

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^*

Porter Tracy A

(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 & GENERAL COUNSEL

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 Tracy A. Porter	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)