Director Katherine Sandstrom boosts Janus Living (JAN) stake with IPO buy

Rhea-AI Filing Summary

Janus Living, Inc. director Katherine M. Sandstrom increased her stake through a mix of equity awards and an open-market purchase. She received 2,500 vested shares in connection with the company’s initial public offering of Class A-1 Common Stock and 5,000 restricted stock units as annual director compensation. She also bought 13,500 Class A-1 shares from the IPO underwriters at $20.00 per share. Following these transactions on March 23, 2026, she directly holds 21,000 shares of Class A-1 Common Stock.

Insider Trade Summary

Net Buyer: 13,500 shares ($270,000)

Net Buy 3 txns

Insider Sandstrom Katherine M

Role Director

Bought 13,500 shs ($270K)

Type	Security	Shares	Price	Value
Grant/Award	Class A-1 Common Stock	2,500	$0.00	--
Grant/Award	Class A-1 Common Stock	5,000	$0.00	--
Purchase	Class A-1 Common Stock	13,500	$20.00	$270K

Holdings After Transaction: Class A-1 Common Stock — 2,500 shares (Direct)

Footnotes (1)

1. Represents the grant of vested shares in connection with the Issuer's initial public offering of Class A-1 Common Stock ("IPO"). 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. Represents shares purchased from the underwriters in the IPO.

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^*

Sandstrom Katherine M

(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)

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

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
Class A-1 Common Stock	03/23/2026		A(1)		2,500	A	$0	2,500	D
Class A-1 Common Stock(2)	03/23/2026		A(2)		5,000	A	$0	7,500	D
Class A-1 Common Stock	03/23/2026		P(3)		13,500	A	$20(3)	21,000	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:

1. Represents the grant of vested shares in connection with the Issuer's initial public offering of Class A-1 Common Stock ("IPO").

2. 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.

3. Represents shares purchased from the underwriters in the IPO.

	/s/ Carol B. Samaan, as Attorney-in-Fact, for Katherine M. Sandstrom	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 transactions did JAN (Janus Living, Inc.) disclose for Katherine Sandstrom?

Katherine M. Sandstrom reported three equity transactions: 2,500 vested shares granted related to the IPO, 5,000 restricted stock units as annual director compensation, and 13,500 Class A-1 shares purchased from IPO underwriters at $20.00 per share, all on March 23, 2026.

How many Janus Living (JAN) shares did the director buy in the open market?

She purchased 13,500 Class A-1 shares in an open-market or private transaction classified as a purchase from the IPO underwriters at $20.00 per share. This buy transaction is separate from the equity awards she received as part of her director compensation and IPO-related grant.

What equity awards did Janus Living (JAN) grant to director Katherine Sandstrom?

She received two equity awards: 2,500 vested shares tied to the company’s IPO and 5,000 restricted stock units as annual equity compensation. The RSUs convert one-for-one into Class A-1 Common Stock and vest upon the earliest of several specified service-related milestones.

How many Janus Living (JAN) shares does the director own after these transactions?

After the reported transactions, Sandstrom holds 21,000 shares of Janus Living Class A-1 Common Stock directly. This figure reflects the combined effect of the 2,500-share IPO grant, 5,000-share RSU award, and 13,500-share purchase from the IPO underwriters at $20.00 per share.

How do the Janus Living (JAN) RSUs for Katherine Sandstrom vest?

The 5,000 restricted stock units vest in full on the earliest of the first anniversary of the grant date, the next annual stockholders’ meeting after the grant, or termination of her board service due to death or disability, then convert one-for-one into Class A-1 Common Stock.

Were Katherine Sandstrom’s Janus Living (JAN) purchases connected to the IPO?

Yes, part of her holdings relate directly to the IPO. She received 2,500 vested shares in connection with Janus Living’s IPO of Class A-1 Common Stock and separately purchased 13,500 shares from the IPO underwriters at $20.00 per share, according to the footnotes.