Robert Alexander Stewart - 17 Nov 2025 Form 4 Insider Report for JBG SMITH Properties (JBGS)

Reporting relationship: Director
Issuer ticker: JBGS
Reported as of: 17 Nov 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Nov 2025, 16:05:39 UTC
Prior SEC filing: 02 Jul 2025
Next SEC filing: 01 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Steven A. Museles, attorney-in-fact

Key filing fact

Robert Alexander Stewart filed Form 4 for JBG SMITH Properties (JBGS) on 17 Nov 2025.

Key facts

This page summarizes Robert Alexander Stewart's Form 4 filing for JBG SMITH Properties (JBGS).
2 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Nov 2025, 16:05.

Change

Previous filing in this sequence was filed on 02 Jul 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001708865 Primary reporting owner

Stewart Robert Alexander

Relationship: Director
Address: C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA
Signature: /s/ Steven A. Museles, attorney-in-fact
Signature date: 17 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

JBGS transaction

Common Shares

Conversion of derivative security

Transaction value
Shares: +200,000
Change %
Price
Shares after: 200,000
Date: 17 Nov 2025
Ownership: Nomad Capital, LLC
Footnotes: F1

JBGS holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,000
Date: 17 Nov 2025
Ownership: The Robert Alexander Stewart Revocable Trust
Footnotes: F2

JBGS holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 20,548
Date: 17 Nov 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

JBGS transaction Derivative

OP Units

Conversion of derivative security

Transaction value
Shares: -200,000
Change %: -26%
Price
Shares after: 556,631
Date: 17 Nov 2025
Ownership: Nomad Capital, LLC
Underlying class: Common Shares
Underlying amount: 200,000
Exercise price
Footnotes: F1

JBGS holding Derivative

OP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 75,000
Date: 17 Nov 2025
Ownership: Stewart Holdings II LLC
Underlying class: Common Shares
Underlying amount: 75,000
Exercise price
Footnotes: F1

JBGS holding Derivative

OP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 14,118
Date: 17 Nov 2025
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 14,118
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. This transaction represents solely a redemption of OP Units for Common Shares. No sale or monetization of securities has occurred. Upon the conversion of the OP Units, each of Mr. Stewart's corresponding Class B Shares were automatically redeemed and cancelled by the Issuer for no consideration. Class B Shares of the Issuer have no economic rights and are not listed on a stock exchange.

Footnote F2

Mr. Stewart is the sole trustee and beneficiary of the Robert Alexander Stewart Revocable Trust.