Form 4: Janus International Director Roger Fradin Transfers Shares to Trust

Director Roger Fradin of Janus International Group transferred shares to a family trust, with no change in his overall beneficial ownership.

Summary

• Roger Fradin, a director at Janus International Group, engaged in transactions involving the transfer of common stock to The Fradin Community Property Revocable Trust.
• On December 5, 2024, two trusts, R JBI GRAT 2024 and S JBI GRAT 2024, each contributed 325,415 shares of JBI common stock to the Fradin Community Property Revocable Trust.
• The transfer was executed at a price of $7.56 per share.
• Despite the transfer, there was no change in the total number of shares beneficially owned by Mr. Fradin for Section 16 purposes.
• Mr. Fradin also indirectly owns shares through other trusts, including R JBI GRAT 2024 II and S JBI GRAT 2024 II.
• Mr. Fradin directly owns 46,283 shares of JBI common stock, which includes 22,966 restricted stock units that will vest on June 7, 2025.

Sentiment

Score: 7

Explanation: The document is a routine filing of a share transfer, which is neutral to slightly positive as it shows the director's continued involvement with the company. There is no indication of any negative sentiment.

Industry Context

This is a standard SEC Form 4 filing related to a director's share transactions, which is common in publicly traded companies. It does not indicate any unusual activity or trend within the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for corporate insiders in publicly traded companies, such as Janus International Group.
• The transactions reported are typical for directors managing their personal holdings and trusts.
• Similar filings can be seen across the market for companies like Builders FirstSource, Inc. and Fortune Brands Innovations, Inc., where directors regularly report changes in their beneficial ownership.

Stakeholder Impact

• The share transfer has no immediate impact on shareholders as the beneficial ownership of the director remains unchanged.

Key Dates

Keywords

Janus International Group, JBI, Roger Fradin, share transfer, beneficial ownership, trust, Form 4, director