Every Form 4 that JBG SMITH Properties (JBGS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow JBGS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JBGS filings page.
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.
JBG SMITH Properties director Carol A. Melton received a grant of 17,197 LTIP Units on April 30, 2026 as equity compensation. These LTIP Units are limited partnership units in the operating partnership, fully vested on the grant date and held directly.
Each LTIP Unit can be converted, after required tax capital allocations, into one Operating Partnership Unit, which is redeemable after the two-year anniversary of issuance for either one common share or the cash value of a common share at the company’s option. Following this award, Melton beneficially owns 110,721 LTIP Units. She also holds a corresponding number of Class B shares that carry no economic rights and are not exchange-listed.
Stewart Robert Alexander reported acquisition or exercise transactions in this Form 4 filing.
JBG SMITH Properties director Stewart Robert Alexander received a grant of 16,778 LTIP Units as equity compensation. These limited partnership units in JBG SMITH Properties LP are fully vested on the grant date and are convertible, after certain tax-related capital allocation conditions, into an equal number of Operating Partnership Units.
Each resulting OP Unit may later be redeemed, after the two-year anniversary of issuance, for either one common share of JBG SMITH Properties or the cash value of a common share, at the company’s option. Following this award, Alexander beneficially owns 220,666 LTIP Units. He also received corresponding Class B shares that match each LTIP Unit but carry no economic rights and are not exchange-listed.
SHUMAN D ELLEN reported acquisition or exercise transactions in this Form 4 filing.
JBG SMITH Properties director Ellen D. Shuman received a grant of 18,036 LTIP Units on April 30, 2026. These limited partnership units in JBG SMITH Properties LP are fully vested at grant and are convertible, subject to tax allocation conditions, into an equal number of Operating Partnership Units.
The resulting Operating Partnership Units may be redeemed after the two-year anniversary of issuance for either one common share of JBG SMITH Properties or the cash value of a common share, at the company’s option. Following this award, Shuman directly holds 112,596 LTIP Units. Corresponding Class B shares, which have no economic rights and are not exchange-listed, are issued one-for-one with each LTIP Unit.
JBG SMITH Properties director William J. Mulrow received a grant of 18,036 LTIP Units in JBG SMITH Properties LP, the company’s operating partnership, as equity compensation. Following this award, he beneficially owns 87,230 LTIP Units.
The LTIP Units are fully vested on the grant date and can be converted, once certain tax-related capital account conditions are met, into an equal number of Operating Partnership Units. After the two-year anniversary of issuance, each resulting OP Unit is redeemable, at the company’s option, for either one common share with a $0.01 par value or the cash value of one common share. For each LTIP Unit, Mulrow also holds a corresponding Class B share that carries no economic rights and is not exchange-listed.
JBG SMITH Properties director Alisa Michelle Mall received an equity grant of 17,197 LTIP Units. These units are issued at no cash cost and are fully vested on the grant date. Each LTIP Unit can convert into one Operating Partnership Unit and then be redeemable for one Common Share or cash, generally after the two-year anniversary of issuance. Following this grant, she holds 82,085 LTIP Units directly.
JBG SMITH Properties director Michael J. Glosserman received a grant of 17,617 LTIP Units in the company’s operating partnership under the 2017 Omnibus Share Plan. These LTIP Units are fully vested on the grant date but generally cannot be sold while he serves as a trustee, except in limited cases.
Each LTIP Unit can, after certain tax allocation conditions and a two-year anniversary, be converted into an Operating Partnership Unit that is redeemable for one common share or the cash value of a common share at the company’s option. Following this grant, Glosserman holds 71,216 LTIP Units directly and 19,309 LTIP Units indirectly via the Michael J. Glosserman Revocable Trust.
Forman Alan S reported acquisition or exercise transactions in this Form 4 filing.
JBG SMITH Properties director Alan S. Forman received an equity-based award of 18,036 LTIP Units. These LTIP Units were granted at a price of $0.00 per unit under the JBG SMITH Properties 2017 Omnibus Share Plan and are fully vested on the grant date.
Each LTIP Unit is convertible, after certain tax-related capital allocation conditions and after the two-year anniversary of issuance, into one Operating Partnership Unit, which may then be redeemed for either one common share or the cash value of a common share at the company’s option. Following this grant, Forman directly holds 101,065 LTIP Units, which may not be sold while he serves as a trustee except in limited circumstances. He also received corresponding Class B shares that carry no economic rights and are not exchange-listed.
ESTES SCOTT A reported acquisition or exercise transactions in this Form 4 filing.
JBG SMITH Properties director Scott A. Estes received an equity grant of 18,875 LTIP Units as compensation. These limited partnership units in JBG SMITH Properties LP are convertible, after certain tax allocation conditions, into an equal number of Operating Partnership Units.
Each resulting Operating Partnership Unit is redeemable after the two-year anniversary of issuance for either one common share of JBG SMITH Properties or the cash value of a common share, at the company’s option. Following this grant, Estes holds 119,727 LTIP Units. The LTIP Units are fully vested on the grant date but generally cannot be sold while he serves as a trustee. He also holds corresponding Class B shares with no economic rights.
CALDWELL PHYLLIS R reported acquisition or exercise transactions in this Form 4 filing.
JBG SMITH Properties director Phyllis R. Caldwell received a grant of 15,435 LTIP Units as equity compensation. These LTIP Units are limited partnership units in JBG SMITH Properties LP that are convertible, after certain tax allocation conditions, into an equal number of Operating Partnership Units.
Each resulting Operating Partnership Unit is redeemable after the two-year anniversary of issuance for either one common share of JBG SMITH Properties, par value $0.01, or the cash value of a common share at the company’s option. Following this award, Caldwell beneficially owns 71,861 LTIP Units. She also holds corresponding Class B shares with no economic rights, which mirror each LTIP Unit and are not listed on an exchange.
JBG SMITH Properties Chief Accounting Officer Angela Valdes was granted 5,067 LTIP Units on February 13, 2026. These limited partnership units in JBG SMITH Properties LP were awarded at a price of $0.00 per unit under the company’s 2017 Omnibus Share Plan. The LTIP Units vest in four equal 25% installments on each of the first through fourth anniversaries of February 13, 2026, contingent on her continued employment. Once vested and after a two-year period from issuance, the LTIP Units can be converted into operating partnership units and then redeemed, at the company’s option, for either one common share per unit or the cash value of a common share. In connection with the grant, she also received corresponding Class B shares, which carry no economic rights and are not exchange‑listed.
JBG SMITH Properties executive Steven A. Museles converted partnership units into equity through internal derivative conversions. He converted 20,010 LTIP Units in JBG SMITH Properties LP into OP Units and then exchanged 20,010 OP Units into 20,010 common shares, all at a price of $0.00 per unit or share. The company states that no sale or monetization of securities occurred in these transactions. Each OP Unit is redeemable, once vested, for either one common share or the cash value of a common share at the company’s option.
JBG SMITH Properties reported an equity compensation grant to its Chief Accounting Officer in the form of partnership-based awards tied to the company’s operating partnership. On January 2, 2026, the officer received 10,185 Class AO LTIP Units at a participation threshold of $18.37 per unit and 7,092 LTIP Units under the JBG SMITH Properties 2017 Omnibus Share Plan.
AO LTIP Units function like net-exercise stock options: once vested, they can convert into LTIP Units based on the increase in the value of a common share above $18.37 as of conversion. Vested LTIP Units can then convert into operating partnership units that are redeemable, at the company’s option, for either one common share per unit or the cash value of a common share after a two-year anniversary. A portion of the AO LTIPs is performance-based over a three-year period starting January 2, 2026, with earned units vesting 50% on the third and 50% on the fourth anniversary, while the LTIPs vest 25% annually over four years, all subject to continued employment.
JBG SMITH Properties' Chief Investment Officer reported several complex equity awards and a revision to prior grants. On January 2, 2026, he received 59,259 Class AO LTIP Units with a participation threshold of $18.37 per unit under the 2017 Omnibus Share Plan. Once performance conditions over a three-year period beginning January 2, 2026 are met and units vest, these AO LTIPs can convert into LTIP Units and then into OP Units redeemable for Common Shares or cash at the issuer’s option.
He also received multiple LTIP Unit grants, including 47,024, 125,000, 100,000 and 61,046 LTIP Units, with service-based vesting over three to four years and, for certain awards, share price performance hurdles between $20.00 and $28.00 sustained for 60 trading days. The filing notes that some AO LTIPs granted in January 2022 were forfeited based on performance conditions and that his 2025 cash bonus was taken entirely as fully vested LTIPs, subject to forfeiture if 2025 performance targets are not achieved. Following these transactions, he beneficially owned 869,506 LTIP Units as derivative securities.
JBG SMITH Properties’ Chief Financial Officer received several equity-based awards tied to long-term performance and service. On January 2, 2026, the executive was granted 58,333 Class AO LTIP Units with a participation threshold of $18.37 per unit. Once vested and in the money, these AO LTIPs can convert into LTIP units, then into operating partnership units, which are redeemable for either one common share or the cash value of a share at the company’s option after the two-year anniversary of issuance.
The executive also received LTIP grants of 46,289, 125,000, and 100,000 units under the omnibus plan. Portions of these LTIPs are subject to multi-year vesting schedules and performance conditions, including share price hurdles of $20.00, $22.00, $24.00, $26.00, and $28.00 achieved for consecutive 60-trading-day periods. Vesting generally requires continued employment, and corresponding Class B shares carry no economic rights.
JBG SMITH Properties reported a new set of equity awards for its Chief Executive Officer, who is also a director, on January 2, 2026. The CEO received 259,259 AO LTIP Units with a participation threshold of $18.37 per unit, which function like net-exercise options and can ultimately convert into operating partnership units and then into one common share or cash per unit at the company’s option, once vested and tax conditions are met.
In addition, the CEO received several classes of LTIP Units, including grants of 205,731, 218,750, 175,000 and 91,569 units under the 2017 Omnibus Share Plan. Some awards vest annually over four years, while others depend on performance hurdles such as the share price reaching $20.00 to $28.00 for a consecutive 60-trading-day period. One LTIP grant represents the CEO’s election to take his entire 2025 cash bonus in fully vested LTIPs, which may be forfeited if 2025 performance targets are not achieved.
JBG SMITH Properties reported new equity-based awards to its Chief Legal Officer and Corporate Secretary, Steven A. Museles, effective January 2, 2026. The filing shows a grant of 44,259 Class AO LTIP Units with a participation threshold of $18.37 per unit, which function similarly to net-exercise stock options under the company’s 2017 Omnibus Share Plan.
Once vested and subject to tax-related conditions, these AO LTIP Units can convert into LTIP Units, then into operating partnership units that are redeemable for an equal number of common shares or cash at the company’s option. Additional grants of LTIP Units totaling 35,121, 32,500, and 50,000 units were also reported, with time- and performance-based vesting schedules running over multi-year periods tied to continued employment and share-price hurdles between $20.00 and $28.00.
JBG SMITH Properties reported new equity-based awards to its Chief Strategy Officer. On January 2, 2026, the executive received 31,481 Class AO LTIP Units with a participation threshold of $18.37 per unit. Once vested and if the company’s common share price exceeds that threshold, these AO LTIPs can convert into LTIP Units, and later into operating partnership units redeemable for either one common share or cash per unit.
The executive also received several grants of LTIP Units, including 24,981, 65,000 and 60,000 units, under the company’s omnibus share plan. Some LTIPs vest 25% per year over four years starting January 2, 2026, while others are earned and vest based on multi-year performance conditions, including share price hurdles at $20.00, $22.00, $24.00, $26.00 and $28.00 over a period that can extend up to the sixth anniversary of the grant. Vesting is generally contingent on the executive’s continued employment.
JBG SMITH Properties reported an insider stock sale by its Chief Strategy Officer. On 11/24/2025, the officer sold 500 common shares at $17.91 and an additional 3,985 common shares at $17.90. These transactions reduced the officer’s directly held common share balance from 4,485 shares to zero, indicating a full disposition of directly owned shares in this account. The filing is made on behalf of the officer by an attorney-in-fact.
JBG SMITH Properties director Robert Alexander Stewart reported a conversion of operating partnership units into common shares. On 11/17/2025, 200,000 OP Units in JBG SMITH Properties LP were redeemed for 200,000 common shares, held indirectly through Nomad Capital, LLC.
The OP Units are redeemable, once vested, for either one common share or the cash value of a common share at the company’s option. The filing states that this was solely a redemption of OP Units for shares and that no sale or monetization of securities occurred. In connection with the conversion, Mr. Stewart’s corresponding Class B shares were automatically redeemed and cancelled for no consideration, and those Class B shares carry no economic rights.
JBG SMITH Properties (JBGS) Form 4: The company’s Chief Strategy Officer reported an open-market sale of common shares. On 11/07/2025, the insider sold 5,200 shares at a price of $18.56 per share, coded “S” for sale. Following the transaction, the insider beneficially owned 4,485 shares, held directly. The filing indicates it was submitted by one reporting person.
JBG SMITH Properties (JBGS) insider transaction: The company’s Chief Legal Officer and Corporate Secretary reported two open-market sales of common shares. On 10/30/2025, 15,003 shares were sold at a weighted average price of $19.41, with trades ranging from $19.29 to $19.90. On 10/31/2025, 16,253 shares were sold at a weighted average price of $19.58, with trades ranging from $19.50 to $19.64. Following these sales, the reporting person’s directly held balance was reduced to 0 shares.
JBG SMITH Properties (JBGS) reported an insider transaction on a Form 4. A director sold 10,000 common shares on 10/30/2025 at a price of $19.87 per share, coded “S” for sale.
After the transaction, the reporting person beneficially owned 20,000 shares, held directly. This filing reflects a routine ownership update and does not state any corporate action by the company.
JBG SMITH Properties (JBGS) reported an insider transaction by its Chief Investment Officer. On 10/15/2025, the officer converted LTIP Units to OP Units and exchanged OP Units for 4,000 Common Shares.
The filing states no sale or monetization occurred. Each OP Unit is redeemable, once vested, for one Common Share or the cash value of a share at the issuer’s option. Following the transaction, the officer directly held 4,000 Common Shares.
JBG SMITH Properties reported an insider Form 4 showing a non-cash conversion and exchange on 10/15/2025. The Chief Strategy Officer converted LTIP Units into OP Units and exchanged OP Units for 9,685 common shares. The filing states that no sale or monetization of securities has occurred.
Following the transactions, the reporting person beneficially owns 9,685 common shares directly. As disclosed, each OP Unit is redeemable, once vested, for one common share or the cash value of a common share at the issuer’s option, and LTIP Units are convertible into OP Units upon vesting and certain tax capital account conditions.
JBG SMITH Properties reported an insider equity conversion. On 10/15/2025, the company’s Chief Legal Officer and Corporate Secretary converted LTIP Units to OP Units and exchanged OP Units for 31,256 Common Shares (transaction code C). The filing notes no sale or monetization occurred.
Following the transaction, the reporting person beneficially owned 31,256 Common Shares directly. Per the filing, each OP Unit, once vested, is redeemable at the holder’s option for one Common Share or the cash value of a Common Share, at the issuer’s option.