Form 4: Janover Inc. Director William J. Caragol Reports Acquisition of Restricted Stock Units and Option Holdings
SEC Form 4 Filing
Director William J. Caragol reports acquisition of restricted stock units and holdings of options in Janover Inc.
Summary
- On April 11, 2025, William J. Caragol, a director of Janover Inc., filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of the company's securities.
- Caragol acquired 3,125 restricted stock units (RSUs) on April 9, 2025, which are the economic equivalent of one share of Janover Inc. Common Stock each.
- The RSUs vest over time, with 25% vesting on the first anniversary of the grant and the remainder vesting monthly over the following 36 months starting April 9, 2026.
- Caragol also holds options to buy 12,500 shares at $5.35 and 12,500 shares at $32, both of which vested upon a change of control of the Issuer, effected on April 4, 2025.
- Following these transactions, Caragol directly owns 3,125 RSUs, options for 12,500 shares at $5.35, and options for 12,500 shares at $32.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Change of control of the Issuer, triggering vesting of options. |
| 04/09/2025 | Date of transaction: Acquisition of restricted stock units. |
| 04/09/2026 | First vesting anniversary of the restricted stock units. |
| 02/10/2035 | Expiration date of options with exercise price of $5.35. |
| 07/24/2033 | Expiration date of options with exercise price of $32. |
| 01/01/2029 | Expiration date of restricted stock units. |
| 04/11/2025 | Date of Form 4 filing. |
Keywords
Form 4, beneficial ownership, Janover Inc., JNVR, William J. Caragol, restricted stock units, RSUs, options, director, securities
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