JBG SMITH (NYSE: JBGS) legal chief sells 20,010 company shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JBG SMITH Properties Chief Legal Officer and Corporate Secretary Steven A. Museles reported selling a total of 20,010 Common Shares in open-market transactions. The sales on June 8, 2026 included 7,978 shares at $15.00 and 12,032 shares at $15.01 per share, leaving him with no directly held Common Shares after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,010 shares ($300,270)
Net Sell
2 txns
Insider
MUSELES STEVEN A
Role
Chief Legal Off. & Corp. Secy
Sold
20,010 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 7,978 | $15.00 | $120K |
| Sale | Common Shares | 12,032 | $15.01 | $181K |
Holdings After Transaction:
Common Shares — 12,032 shares (Direct, null)
Footnotes (1)
Key Figures
Total shares sold: 20,010 shares
First sale size: 7,978 shares
Second sale size: 12,032 shares
+2 more
5 metrics
Total shares sold
20,010 shares
Net open-market sales reported on June 8, 2026
First sale size
7,978 shares
Common Shares sold at $15.00 on June 8, 2026
Second sale size
12,032 shares
Common Shares sold at $15.01 on June 8, 2026
Sale prices
$15.00–$15.01 per share
Reported transaction prices for Common Shares sold
Post-transaction direct holdings
0 shares
Direct Common Share ownership after June 8, 2026 sales
Key Terms
open-market sale, Common Shares, transaction code "S", Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" for each Common Shares transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code "S" financial
"transaction_code: "S" with description "Sale in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): structure describing these insider transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did JBGS executive Steven A. Museles report?
Steven A. Museles reported selling Common Shares of JBG SMITH Properties in open-market transactions. The Form 4 shows two separate sales on June 8, 2026, totaling 20,010 shares, reflecting a complete disposition of his directly held Common Shares.
What role does Steven A. Museles hold at JBG SMITH (JBGS)?
Steven A. Museles serves as Chief Legal Officer and Corporate Secretary of JBG SMITH Properties. His Form 4 filing reports personal open-market sales of the company’s Common Shares, reflecting changes in his direct equity stake in the REIT.