[Form 4] John Marshall Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

John Marshall Bancorp, Inc. director reported receiving a restricted stock award. On 12/16/2025, the director acquired 2,138 shares of common stock at a price of $0 as a restricted stock grant. These shares will vest in equal installments over two years, with the first installment vesting on the anniversary of the grant.

After this transaction, the director beneficially owns 327,790 shares directly, which includes 4,824 shares relating to unvested restricted stock awards issuable upon vesting. The director also reports indirect ownership of 277,480 shares through KF Associates, an affiliated company, and 5,624 shares owned by the director’s spouse.

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

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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^*

Kinney Jonathan Craig

(Last) (First) (Middle)

1943 ISAAC NEWTON SQUARE EAST

SUITE 100

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
John Marshall Bancorp, Inc. [ JMSB ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

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	12/16/2025		A		2,138(1)	A	$0	327,790(2)	D
Common Stock								277,480	I	See footnote(3)
Common Stock								5,624	I	Shares owned by spouse

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. 2,138 shares issuable upon vesting of restricted stock awards. The awards will vest in equal installments over two years with the first installment vesting on the anniversary of the grant.

2. Includes 4,824 shares relating to unvested restricted stock awards issuable upon vesting.

3. Shares owned by KF Associates, an affiliated company of the reporting person.

	/s/ Jason S. Anderson, Attorney-in-Fact	12/18/2025
	** 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 John Marshall Bancorp (JMSB) report in this Form 4?

A director of John Marshall Bancorp, Inc. reported acquiring 2,138 shares of common stock on 12/16/2025 as a restricted stock award at a price of $0.

How do the restricted stock awards for the JMSB director vest?

The 2,138 restricted shares will vest in equal installments over two years, with the first installment vesting on the anniversary of the grant.

How many John Marshall Bancorp (JMSB) shares does the director own after the reported transaction?

Following the transaction, the director beneficially owns 327,790 shares directly, plus 277,480 shares indirectly through KF Associates and 5,624 shares owned by the director’s spouse.

What portion of the JMSB director’s holdings relate to unvested restricted stock awards?

The filing states that the total includes 4,824 shares relating to unvested restricted stock awards that are issuable upon vesting.

What is KF Associates’ role in the JMSB director’s reported holdings?

The filing notes that KF Associates is an affiliated company of the reporting person and holds 277,480 shares that are reported as indirectly owned by the director.

What is the relationship of the reporting person to John Marshall Bancorp (JMSB)?

The reporting person is identified as a Director of John Marshall Bancorp, Inc.