Angela Valdes - 13 Feb 2026 Form 4 Insider Report for JBG SMITH Properties (JBGS)

Signature
/s/ Steven A. Museles, attorney-in-fact
Issuer symbol
JBGS
Transactions as of
13 Feb 2026
Net transactions value
$0
Form type
4
Filing time
18 Feb 2026, 16:05:44 UTC
Previous filing
06 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Valdes Angela Chief Accounting Officer C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA /s/ Steven A. Museles, attorney-in-fact 18 Feb 2026 0001498256

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JBGS LTIP Units Award +5,067 +4.6% 114,967 13 Feb 2026 Common Shares 5,067 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a grant of limited partnership units in JBG SMITH Properties LP (the "OP"), JBG SMITH Properties' (the "Issuer's") operating partnership, designated as LTIP Units ("LTIPs"), pursuant to the JBG SMITH Properties 2017 Omnibus Share Plan, as amended. These LTIPs are a class of units in the OP that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIPs for federal income tax purposes, into an equal number of operating partnership units in the OP ("OP Units"). The resulting OP Units are redeemable by the holder for one common share of the Issuer, par value $0.01 (a "Common Share") per OP Unit or the cash value of a Common Share, at the Issuer's option, after the two-year anniversary of the LTIPs issuance.
F2 The LTIPs vest 25% on each of the first through fourth anniversaries of February 13, 2026, subject to the reporting person's continued employment through each vesting date.
F3 Upon the grant of these LTIPs, the reporting person received corresponding Class B shares of the Issuer, which have no economic rights and are not listed on a stock exchange.
F4 For each of the LTIPs beneficially owned by the reporting person, the reporting person holds a corresponding Class B share.