Janus International (JBI) VP withholds shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Janus International Group VP, Human Resources Rebecca Castillo reported two tax-related share dispositions tied to restricted stock units. On March 19 and March 21, a total of 2,466 shares of common stock were withheld at prices of $5.37 and $5.25 per share to cover tax obligations upon RSU vesting.
These are Form 4 code F transactions, meaning they represent tax-withholding dispositions rather than open-market sales. After these events, Castillo directly holds 69,223 common shares, which the disclosure states includes 49,102 RSUs, indicating a continuing equity stake and ongoing incentive alignment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Castillo Rebecca
Role
VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 704 | $5.25 | $4K |
| Tax Withholding | Common Stock | 1,762 | $5.37 | $9K |
Holdings After Transaction:
Common Stock — 69,223 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units ("RSUs"). Includes 49,102 RSUs.
FAQ
What insider activity did Janus International (JBI) disclose in this Form 4?
The Form 4 reports that VP of Human Resources Rebecca Castillo had shares withheld to cover taxes on vested RSUs. Two code F transactions show share dispositions used specifically for tax withholding, not open-market buying or selling.
Are the Janus International (JBI) insider transactions open-market sales?
No, the transactions are Form 4 code F tax-withholding dispositions. They represent shares delivered to satisfy tax liabilities upon RSU vesting, rather than discretionary open-market sales, so they carry limited signaling about the insider’s market view.
What does code F mean in this Janus International (JBI) Form 4 filing?
Code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects common shares withheld to satisfy tax withholding obligations triggered when restricted stock units vested and settled into shares.