[144] JBG SMITH Properties SEC Filing

Rhea-AI Filing Summary

JBGS – Form 144 filing: An unnamed insider has filed to sell 10,098 common shares of JBG SMITH Properties on or about 31 Jul 2025. The shares, to be sold through Fidelity Brokerage Services LLC on the NYSE, carry an aggregate market value of $217,431.12. This represents roughly 0.016 % of the 61,724,341 shares outstanding, indicating an immaterial percentage of the float.

The shares stem from two sources:

• 632 shares purchased via the company’s Employee Stock Purchase Plan on 15 Dec 2022 (cash paid).
• 9,466 shares received from restricted-stock vesting on 15 Jun 2023 (compensation).

The filer states that no material non-public adverse information is known and that the transaction is being conducted in compliance with Rule 144 and, if applicable, a 10b5-1 trading plan.

The notice does not disclose the insider’s identity, role, or the motive for selling, and there is no concurrent sale activity reported in the past three months.

Positive

• Compliance transparency: Sale registered under Rule 144 with broker details, enhancing disclosure.
• Immaterial size: Shares represent only ~0.016 % of outstanding stock, limiting dilution or market impact.

Negative

• Insider selling signal: Filing indicates an insider’s intent to liquidate shares, often viewed cautiously by investors.

Insights

Securities Analyst

TL;DR: Tiny 0.016 % insider sale; no material impact on valuation or float.

The proposed divestiture of 10,098 shares versus 61.7 M outstanding is financially insignificant. Dollar value is modest at $217 k and timing is routine under Rule 144. Absence of the insider’s title limits behavioral interpretation, yet compliance disclosures and ESPP/RSU provenance suggest normal liquidity management. I view the filing as neutral for JBGS shares; no earnings, guidance, or strategic signals are provided.

Corporate Governance Expert

TL;DR: Proper Rule 144 disclosure; governance intact, but insider selling can draw modest concern.

The filer affirms awareness of Reg FD and 10b5-1 safeguards, indicating procedural integrity. Rule 144 filings like this enhance transparency, which is positive from a governance lens. However, any insider sale—even small—can be perceived negatively by some investors. Given the minuscule size and full disclosure, I classify the governance impact as neutral.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	10098	217431.12	61724341	07/31/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/15/2022	ESPP Purchase	Issuer			632	12/15/2022	Cash
Common	06/15/2023	Restricted Stock Vesting	Issuer			9466	06/15/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many JBGS shares are being registered for sale in this Form 144?

The filing covers 10,098 common shares of JBG SMITH Properties.

What is the total market value of the proposed JBGS share sale?

The aggregate market value listed is $217,431.12.

When is the insider expected to sell the JBGS shares?

The approximate sale date disclosed is 31 July 2025.

What percentage of JBGS’s outstanding shares does 10,098 represent?

It equals roughly 0.016 % of the 61,724,341 shares outstanding.

How were the shares being sold originally acquired?

632 shares through an ESPP purchase and 9,466 shares via restricted-stock vesting.

Which broker will handle the transaction?

The sale will be executed through Fidelity Brokerage Services LLC.