Jefferson Capital (JCAP) director lists stock option positions

Rhea-AI Filing Summary

Jefferson Capital, Inc. director Pierce James Manfred filed an initial ownership report showing two stock option awards. Each option covers 25,000 shares of common stock, with exercise prices of $20.1300 and $34.1300, expiring on March 17, 2036. According to a footnote, the options vest in three equal annual installments, subject to continued service through each vesting date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Pierce James Manfred

(Last) (First) (Middle)

C/O JEFFERSON CAPITAL, INC.

600 SOUTH HIGHWAY 169, SUITE 1575

(Street)

MINNEAPOLIS MINNESOTA 55426

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Jefferson Capital, Inc. / DE [ JCAP ]

3a. Foreign Trading Symbol

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

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

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock option (right to buy)	(1)	03/17/2036	Common Stock	25,000	$20.13	D
Stock option (right to buy)	(1)	03/17/2036	Common Stock	25,000	$34.13	D

Explanation of Responses:

1. The stock options vest as to 1/3rd of the shares annually, subject to continued service through the vest date.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney

	/s/ Matthew J. Pfohl, as Attorney-in-Fact, for James Pierce	03/18/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Jefferson Capital (JCAP) Form 3 filing by Pierce James Manfred show?

The Form 3 shows director Pierce James Manfred’s initial beneficial ownership in Jefferson Capital. It reports two stock option awards, each tied to 25,000 common shares, with exercise prices of $20.1300 and $34.1300, expiring on March 17, 2036.

How many Jefferson Capital (JCAP) shares are covered by the reported stock options?

The filing reports options over 50,000 underlying Jefferson Capital common shares. This consists of two separate stock option positions, each relating to 25,000 underlying shares, with different exercise prices but the same stated expiration date in March 2036.

What are the exercise prices and expiration dates of the Jefferson Capital (JCAP) options?

The reported stock options have exercise prices of $20.1300 and $34.1300 per share. Both option grants list an expiration date of March 17, 2036, providing a long-term window during which the director may choose to exercise, subject to vesting.

How do the Jefferson Capital (JCAP) stock options vest for Pierce James Manfred?

According to the footnote, the stock options vest in three equal annual installments. One-third of the shares underlying each grant vests each year, provided Pierce James Manfred continues in service through the applicable vesting date for those option tranches.

Does the Jefferson Capital (JCAP) Form 3 show any stock purchases or sales?

The Form 3 records holdings rather than new trades, with both entries marked as stock option positions. Transaction summaries classify them as holdings with unknown transaction codes, and no buy, sell, acquisition, or disposition share counts are reported in the data provided.