Janus Henderson (NYSE: JHG) director’s 28,786 shares and RSUs cashed out at $52 in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Janus Henderson Group Ltd. director Angela Seymour Jackson reported a disposition of 28,786 shares of Common Stock at $52.00 per share in connection with the completion of a merger. The shares were converted into the right to receive cash consideration when Jupiter Merger Sub Limited merged with the issuer and the company became a wholly owned subsidiary of Jupiter Company Limited. Following this transaction, the filing shows no Common Stock held directly. The filing also notes 3,288 outstanding restricted stock units that were cancelled immediately before the merger’s effective time and exchanged for a lump-sum cash payment based on the same $52.00 per-share merger consideration plus accrued but unpaid dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEYMOUR JACKSON ANGELA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 28,786 | $52.00 | $1.50M |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- On June 30, 2026, pursuant to that certain Agreement and Plan of Merger, dated as of December 21, 2025 (as amended, including by Amendment No. 1 dated March 24, 2026, and a side letter dated June 16, 2026, the "Merger Agreement"), among the Issuer, Jupiter Company Limited ("Parent"), and Jupiter Merger Sub Limited ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned subsidiary of Parent and changing its name to "Janus Henderson Group Ltd." At the effective time of the Merger (the "Effective Time"), each ordinary share of the Issuer (except for ordinary shares held by Parent and as otherwise provided in the Merger Agreement) was converted into the right to receive $52.00 per share in cash, without interest (the "Merger Consideration"). Includes 3,288 outstanding restricted stock units ("RSUs") held by the Reporting Person that were cancelled as of immediately prior to the Effective Time and were exchanged for the right to receive a lump sum cash payment equal to (a)(1) the Merger Consideration, multiplied by (2) the number of shares of the Issuer's common stock subject to such RSUs immediately prior to the Effective Time, plus (b) the amount of any accrued but unpaid dividend equivalent rights.
Key Figures
Shares disposed: 28,786 shares
Merger consideration price: $52.00 per share
Shares held after transaction: 0 shares
+1 more
4 metrics
Shares disposed
28,786 shares
Common Stock converted at merger effective time
Merger consideration price
$52.00 per share
Cash paid for each ordinary share at effective time
Shares held after transaction
0 shares
Direct Common Stock holdings after disposition
Cancelled RSUs
3,288 RSUs
Restricted stock units cancelled and paid in cash at merger
Key Terms
Agreement and Plan of Merger, Merger Consideration, restricted stock units ("RSUs"), dividend equivalent rights
4 terms
Agreement and Plan of Merger regulatory
"pursuant to that certain Agreement and Plan of Merger, dated as of December 21, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Consideration financial
"was converted into the right to receive $52.00 per share in cash... (the "Merger Consideration")"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
restricted stock units ("RSUs") financial
"Includes 3,288 outstanding restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
dividend equivalent rights financial
"plus (b) the amount of any accrued but unpaid dividend equivalent rights"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
FAQ
What insider transaction did Janus Henderson Group (JHG) disclose in this Form 4?
Janus Henderson Group disclosed that director Angela Seymour Jackson disposed of 28,786 shares of Common Stock. The shares were converted into cash at $52.00 per share as part of a merger, leaving her with no directly held common shares afterward.
What happened to Angela Seymour Jackson’s restricted stock units in the JHG merger?
The filing states 3,288 restricted stock units were cancelled immediately before the merger’s effective time. They were exchanged for a lump-sum cash payment based on the $52.00 per-share merger consideration plus any accrued but unpaid dividend equivalent rights.
What corporate event triggered this Janus Henderson Group (JHG) insider disposition?
The disposition was triggered by a merger where Jupiter Merger Sub Limited merged into the issuer. At the effective time, each ordinary share, with limited exceptions, converted into the right to receive $52.00 per share in cash, completing the transaction.