Norman V. Nettie - Jan 16, 2024 Form 4 Insider Report for Janus International Group, Inc. (JBI)

Role
Vice President, Manufacturing
Signature
/s/ Elliot Kahler, as attorney-in-fact for Norman V. Nettie
Stock symbol
JBI
Transactions as of
Jan 16, 2024
Transactions value $
-$1,252,105
Form type
4
Date filed
1/17/2024, 06:59 PM
Previous filing
Dec 18, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBI Common Stock Sale -$773K -55.3K -11.87% $13.99 411K Jan 16, 2024 Direct F1, F2
transaction JBI Common Stock Sale -$479K -34.7K -8.46% $13.78 376K Jan 17, 2024 Direct F1, F3
holding JBI Common Stock 600K Jan 16, 2024 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a price per share ranging from $13.8350 to $14.1800 inclusive. The Reporting Person undertakes to provide Janus International Group, Inc., any security holder of Janus International Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a price per share ranging from $13.6000 to $14.1600 inclusive. The Reporting Person undertakes to provide Janus International Group, Inc., any security holder of Janus International Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The shares of common stock are held directly by the Nettie Family Gift Trust.