Jefferson Capital (JCAP) CEO sells 385,000 shares in secondary offering

Rhea-AI Filing Summary

Jefferson Capital, Inc. director and Chief Executive Officer and President David M. Burton reported a sale of common stock. On January 9, 2026, he sold 385,000 shares of Jefferson Capital common stock at $20.50 per share, coded as an open market or similar sale ("S").

According to the footnote, this represents the sale of shares to the underwriters in the issuer's secondary offering, rather than ordinary open-market trading. After this transaction, Burton beneficially owned 3,392,500 shares of Jefferson Capital common stock in direct form.

Insider Trade Summary

Net Seller: 385,000 shares ($7,892,500)

Net Sell 1 txn

Insider Burton David M.

Role SEE REMARKS

Sold 385,000 shs ($7.89M)

Type	Security	Shares	Price	Value
Sale	Common Stock	385,000	$20.50	$7.89M

Holdings After Transaction: Common Stock — 3,392,500 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Burton David M.

(Last) (First) (Middle)

C/O JEFFERSON CAPITAL, INC.

600 SOUTH HIGHWAY 169, SUITE 1575

(Street)

MINNEAPOLIS MN 55426

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/09/2026

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

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/09/2026		S(1)		385,000	D	$20.5(1)	3,392,500	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the sale of shares to the underwriters in the Issuer's Secondary Offering.

Remarks:

Officer Title: Chief Executive Officer and President

	/s/ Matthew J. Pfohl, Attorney-in-Fact for David M. Burton	01/14/2026
	** 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 4 (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.

FAQ

What insider transaction did Jefferson Capital (JCAP) report for David M. Burton?

Jefferson Capital reported that David M. Burton sold 385,000 shares of its common stock on January 9, 2026 at $20.50 per share.

What is David M. Burton’s role at Jefferson Capital (JCAP)?

David M. Burton is a director and serves as Chief Executive Officer and President of Jefferson Capital, Inc.

How many Jefferson Capital (JCAP) shares does David M. Burton own after the reported sale?

Following the reported transaction, David M. Burton beneficially owned 3,392,500 shares of Jefferson Capital common stock, held directly.

At what price were the Jefferson Capital (JCAP) shares sold in this Form 4 filing?

The reported sale price was $20.50 per share for the 385,000 Jefferson Capital common shares sold.

Was the Jefferson Capital (JCAP) insider sale part of a secondary offering?

Yes. The footnote explains that the transaction represents the sale of shares to the underwriters in the issuer's secondary offering.

Is the Jefferson Capital (JCAP) Form 4 filing for derivative securities as well?

No derivative securities transactions are reported in this filing; the Form 4 only shows a transaction in common stock.