Form 4: Janover Inc. Director William J. Caragol Reports Acquisition of Restricted Stock Units and Option Holdings

Sentiment:

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

DateDescription
04/04/2025Change of control of the Issuer, triggering vesting of options.
04/09/2025Date of transaction: Acquisition of restricted stock units.
04/09/2026First vesting anniversary of the restricted stock units.
02/10/2035Expiration date of options with exercise price of $5.35.
07/24/2033Expiration date of options with exercise price of $32.
01/01/2029Expiration date of restricted stock units.
04/11/2025Date 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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