JANL Form 4: Gregory Graves Granted 2,500 Options, Exercisable 12/31/2028

Rhea-AI Filing Summary

Janel Corp director Gregory B. Graves reported a non-cash acquisition on 10/01/2025 of a stock option covering 2,500 shares with an exercise price of $36.01. The option becomes exercisable on 12/31/2028 and expires on 09/30/2035. Following the reported transaction the filing lists 2,500 shares/units beneficially owned by Mr. Graves directly.

Positive

• Director acquisition of 2,500 options documented, increasing reported direct beneficial ownership to 2,500 shares
• Grant terms are explicit: exercise price $36.01, exercisable 12/31/2028, expiration 09/30/2035

Negative

• None.

Insights

Insider Transactions Analyst

Director granted 2,500 options at $36.01 on 10/01/2025.

The filing documents a grant (non‑cash acquisition) of a stock option to director Gregory B. Graves for 2,500 underlying shares with an exercise price of $36.01. The option is listed as exercisable beginning 12/31/2028 and expiring 09/30/2035.

For investors, this is a routine disclosure of insider compensation/equity grants and does not itself change reported ownership beyond the 2,500 shares shown as beneficially owned following the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GRAVES GREGORY B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	2,500	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 2,500 shares (Direct)

Footnotes (1)

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).

1. Name and Address of Reporting Person^*

GRAVES GREGORY B

(Last) (First) (Middle)

80 EIGHTH AVENUE

(Street)

NEW YORK NY 10011

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JANEL CORP [ JANL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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

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

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
Stock Option (Right to Buy)	$36.01	10/01/2025		A		2,500		12/31/2028	09/30/2035	Common Stock	2,500	$0	2,500	D

Explanation of Responses:

	/s/ Gregory B. Graves	10/03/2025
	** 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.

FAQ

What transaction did JANL director Gregory B. Graves report?

He reported the acquisition of a stock option for 2,500 underlying shares on 10/01/2025.

What is the exercise price and exercisable date for the JANL option?

The option has an exercise price of $36.01 and becomes exercisable on 12/31/2028.

When does the reported JANL option expire?

The option expiration date is listed as 09/30/2035.

How many JANL shares does Gregory B. Graves beneficially own after this filing?

The filing shows 2,500 shares/units beneficially owned following the reported transaction.

Was this Form 4 filed individually or jointly for JANL?

The form was filed by one reporting person (submitted individually).