J.C. Flowers IV L.P. - 22 Aug 2025 Form 4 Insider Report for Jefferson Capital, Inc. / DE

Role: 10%+ Owner
Signature: J.C. FLOWERS IV L.P., By: JCF Associates IV L.P., its general partner, By JCF Associates IV Ltd, its general partner, By: J. Christopher Flowers, Director
Issuer symbol: JCAP on Nasdaq
Transactions as of: 22 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 26 Aug 2025, 16:30:27 UTC
Previous filing: 01 Jul 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
J.C. Flowers IV L.P.	10%+ Owner	C/O J.C. FLOWERS & CO. LLC,, 1301 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK	J.C. FLOWERS IV L.P., By: JCF Associates IV L.P., its general partner, By JCF Associates IV Ltd, its general partner, By: J. Christopher Flowers, Director	26 Aug 2025	0001658593
JCF IV Coinvest JCAP L.P.	10%+ Owner	C/O J.C. FLOWERS & CO. LLC, 1301 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK	JCF IV COINVEST JCAP L.P., By: JCF Associates IV L.P., its general partner, By: JCF Associates IV Ltd, its general partner, By: J. Christopher Flowers, Director	26 Aug 2025	0001731653

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JCAP	Common Stock	Other	$0	-13,492,856	-100%	$0.000000	0	22 Aug 2025	See Footnotes	F1, F2, F3, F5
transaction	JCAP	Common Stock	Other	$0	-30,228,952	-100%	$0.000000	0	22 Aug 2025	See Footnotes	F2, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

J.C. Flowers IV L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On August 22, 2025, in connection with an internal reorganization, J.C. Flowers IV L.P. and JCF IV Coinvest JCAP L.P. contributed 13,492,856 and 30,228,952 shares of common stock of the Issuer, respectively, for no consideration, to JCF IV JCAP Holding L.P. The shares held by JCF IV JCAP Holding L.P. are subject to a lock-up agreement with the underwriters for the Issuer's recent initial public offering. The reorganization did not involve any purchase or sale of Issuer securities or other disposition of Issuer securities for value. The Reporting Persons are filing this exit Form 4 to report that they are no longer beneficial owners of securities of the Issuer. JCF IV JCAP Holding L.P. and certain of its affiliates are separately filing a Form 3.
F2	Represents securities held directly by J.C. Flowers IV L.P.
F3	Represents securities held directly by JCF IV Coinvest JCAP L.P.
F4	The general partner of each of J.C. Flowers IV L.P. and JCF IV Coinvest JCAP L.P. is JCF Associates IV L.P. The general partner of JCF Associates IV L.P. is JCF Associates IV Ltd. J. Christopher Flowers controls JCF Associates IV Ltd and thus may be deemed to control each entity directly or indirectly controlled by JCF Associates IV Ltd, including J.C. Flowers IV L.P. and JCF IV Coinvest JCAP L.P.
F5	The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person engaged in any transactions subject to Section 16 of the Securities Exchange Act of 1934 or is or was the beneficial owner of any securities reported herein, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.