[Form 4] Jefferson Capital, Inc. Insider Trading Activity
J.C. Flowers IV L.P. and JCF IV Coinvest JCAP L.P. reported that on August 22, 2025 they contributed 13,492,856 and 30,228,952 shares of Jefferson Capital, Inc. (JCAP) common stock, respectively, to JCF IV JCAP Holding L.P. for no consideration as part of an internal reorganization. The contributed shares are subject to an underwriter lock-up tied to the issuer's recent initial public offering. The reporting persons state the reorganization involved no purchase or sale for value and file this Form 4 to show they are no longer beneficial owners of the reported shares. Affiliates of JCF IV JCAP Holding L.P. will separately file a Form 3.
J.C. Flowers IV L.P. e JCF IV Coinvest JCAP L.P. hanno dichiarato che in data 22 agosto 2025 hanno conferito, rispettivamente, 13.492.856 e 30.228.952 azioni ordinarie di Jefferson Capital, Inc. (JCAP) a JCF IV JCAP Holding L.P. senza corrispettivo, nell’ambito di una riorganizzazione interna. Le azioni conferite sono soggette a un lock-up concordato con l’offerente in relazione all’offerta pubblica iniziale recentemente conclusa. I soggetti segnalanti precisano che la riorganizzazione non ha comportato alcun acquisto o vendita a valore e presentano questo Modulo 4 per indicare di non essere più proprietari effettivi delle azioni riportate. Gli affiliati di JCF IV JCAP Holding L.P. presenteranno separatamente un Modulo 3.
J.C. Flowers IV L.P. y JCF IV Coinvest JCAP L.P. informaron que el 22 de agosto de 2025 aportaron, respectivamente, 13.492.856 y 30.228.952 acciones ordinarias de Jefferson Capital, Inc. (JCAP) a JCF IV JCAP Holding L.P. sin contraprestación, como parte de una reorganización interna. Las acciones aportadas están sujetas a un período de bloqueo acordado con el suscriptor en relación con la reciente oferta pública inicial del emisor. Las personas que presentan el informe indican que la reorganización no implicó compra ni venta por valor y presentan este Formulario 4 para mostrar que ya no son propietarios beneficiarios de las acciones informadas. Los afiliados de JCF IV JCAP Holding L.P. presentarán de forma separada un Formulario 3.
J.C. Flowers IV L.P.와 JCF IV Coinvest JCAP L.P.는 2025년 8월 22일에 각각 13,492,856주와 30,228,952주의 Jefferson Capital, Inc. (JCAP) 보통주를 내부 재편의 일환으로 JCF IV JCAP Holding L.P.에 대가 없이 출연했다고 보고했습니다. 출연된 주식은 발행사의 최근 기업공개와 연계된 인수인 락업(lock-up)의 적용을 받습니다. 신고인들은 이번 재편에 매매나 대가 교환이 없었음을 명시하며, 더 이상 보고된 주식의 실질적 소유자가 아님을 표시하기 위해 본 Form 4를 제출합니다. JCF IV JCAP Holding L.P.의 계열사는 별도로 Form 3를 제출할 예정입니다.
J.C. Flowers IV L.P. et JCF IV Coinvest JCAP L.P. ont déclaré que le 22 août 2025 ils ont respectivement apporté 13 492 856 et 30 228 952 actions ordinaires de Jefferson Capital, Inc. (JCAP) à JCF IV JCAP Holding L.P. sans contrepartie, dans le cadre d’une réorganisation interne. Les actions apportées sont soumises à une période de lock-up imposée par le souscripteur en lien avec l’introduction en bourse récente de l’émetteur. Les personnes déclarante précisent que la réorganisation n’a impliqué ni achat ni vente à titre onéreux et déposent ce Formulaire 4 pour indiquer qu’elles ne sont plus titulaires des droits économiques sur les actions déclarées. Les affiliés de JCF IV JCAP Holding L.P. déposeront séparément un Formulaire 3.
J.C. Flowers IV L.P. und JCF IV Coinvest JCAP L.P. meldeten, dass sie am 22. August 2025 jeweils 13.492.856 bzw. 30.228.952 Stammaktien der Jefferson Capital, Inc. (JCAP) ohne Gegenleistung an JCF IV JCAP Holding L.P. im Rahmen einer internen Reorganisation übertragen haben. Die eingebrachten Aktien unterliegen einer vom Emittenten jüngst vereinbarten Underwriter-Lock-up-Regelung im Zusammenhang mit dem Börsengang. Die meldenden Parteien erklären, dass die Reorganisation keinen Kauf oder Verkauf gegen Entgelt beinhaltete, und reichen dieses Form 4 ein, um anzugeben, dass sie nicht länger wirtschaftliche Eigentümer der angegebenen Aktien sind. Tochtergesellschaften von JCF IV JCAP Holding L.P. werden separat ein Form 3 einreichen.
- None.
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Insights
TL;DR: Large insider holdings were moved into a newly formed holding vehicle and locked up after the IPO; this is an administrative reorganization, not a public sale.
The filing documents an internal reorganization on August 22, 2025, transferring 43,721,808 total shares from two related entities into a single holding partnership with a lock-up agreement. The reporting persons explicitly state there was no consideration exchanged and no sale for value. For investors, the key factual points are the size of the transferred position and that the shares remain subject to an underwriters' lock-up, reducing immediate public selling pressure from these specific entities.
TL;DR: The filing reflects a restructuring of ownership among affiliated entities with explicit disclaimers of beneficial ownership.
The explanatory footnotes clarify the chain of control through JCF Associates IV entities and that J. Christopher Flowers may be deemed to control these entities. The filing includes the customary disclaimer that the reporting persons do not admit beneficial ownership except to the extent of pecuniary interest. This Form 4 functions to notify the market of an ownership exit by the named filers and to document the new holding vehicle's separate forthcoming Form 3.
J.C. Flowers IV L.P. e JCF IV Coinvest JCAP L.P. hanno dichiarato che in data 22 agosto 2025 hanno conferito, rispettivamente, 13.492.856 e 30.228.952 azioni ordinarie di Jefferson Capital, Inc. (JCAP) a JCF IV JCAP Holding L.P. senza corrispettivo, nell’ambito di una riorganizzazione interna. Le azioni conferite sono soggette a un lock-up concordato con l’offerente in relazione all’offerta pubblica iniziale recentemente conclusa. I soggetti segnalanti precisano che la riorganizzazione non ha comportato alcun acquisto o vendita a valore e presentano questo Modulo 4 per indicare di non essere più proprietari effettivi delle azioni riportate. Gli affiliati di JCF IV JCAP Holding L.P. presenteranno separatamente un Modulo 3.
J.C. Flowers IV L.P. y JCF IV Coinvest JCAP L.P. informaron que el 22 de agosto de 2025 aportaron, respectivamente, 13.492.856 y 30.228.952 acciones ordinarias de Jefferson Capital, Inc. (JCAP) a JCF IV JCAP Holding L.P. sin contraprestación, como parte de una reorganización interna. Las acciones aportadas están sujetas a un período de bloqueo acordado con el suscriptor en relación con la reciente oferta pública inicial del emisor. Las personas que presentan el informe indican que la reorganización no implicó compra ni venta por valor y presentan este Formulario 4 para mostrar que ya no son propietarios beneficiarios de las acciones informadas. Los afiliados de JCF IV JCAP Holding L.P. presentarán de forma separada un Formulario 3.
J.C. Flowers IV L.P.와 JCF IV Coinvest JCAP L.P.는 2025년 8월 22일에 각각 13,492,856주와 30,228,952주의 Jefferson Capital, Inc. (JCAP) 보통주를 내부 재편의 일환으로 JCF IV JCAP Holding L.P.에 대가 없이 출연했다고 보고했습니다. 출연된 주식은 발행사의 최근 기업공개와 연계된 인수인 락업(lock-up)의 적용을 받습니다. 신고인들은 이번 재편에 매매나 대가 교환이 없었음을 명시하며, 더 이상 보고된 주식의 실질적 소유자가 아님을 표시하기 위해 본 Form 4를 제출합니다. JCF IV JCAP Holding L.P.의 계열사는 별도로 Form 3를 제출할 예정입니다.
J.C. Flowers IV L.P. et JCF IV Coinvest JCAP L.P. ont déclaré que le 22 août 2025 ils ont respectivement apporté 13 492 856 et 30 228 952 actions ordinaires de Jefferson Capital, Inc. (JCAP) à JCF IV JCAP Holding L.P. sans contrepartie, dans le cadre d’une réorganisation interne. Les actions apportées sont soumises à une période de lock-up imposée par le souscripteur en lien avec l’introduction en bourse récente de l’émetteur. Les personnes déclarante précisent que la réorganisation n’a impliqué ni achat ni vente à titre onéreux et déposent ce Formulaire 4 pour indiquer qu’elles ne sont plus titulaires des droits économiques sur les actions déclarées. Les affiliés de JCF IV JCAP Holding L.P. déposeront séparément un Formulaire 3.
J.C. Flowers IV L.P. und JCF IV Coinvest JCAP L.P. meldeten, dass sie am 22. August 2025 jeweils 13.492.856 bzw. 30.228.952 Stammaktien der Jefferson Capital, Inc. (JCAP) ohne Gegenleistung an JCF IV JCAP Holding L.P. im Rahmen einer internen Reorganisation übertragen haben. Die eingebrachten Aktien unterliegen einer vom Emittenten jüngst vereinbarten Underwriter-Lock-up-Regelung im Zusammenhang mit dem Börsengang. Die meldenden Parteien erklären, dass die Reorganisation keinen Kauf oder Verkauf gegen Entgelt beinhaltete, und reichen dieses Form 4 ein, um anzugeben, dass sie nicht länger wirtschaftliche Eigentümer der angegebenen Aktien sind. Tochtergesellschaften von JCF IV JCAP Holding L.P. werden separat ein Form 3 einreichen.
