Form 4: Janus International Group VP Norman Nettie Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Norman Nettie, Vice President of Manufacturing at Janus International Group, disposed of 1,926 shares of common stock to cover tax withholding obligations.

Summary

  • On March 19, 2025, Norman V. Nettie, Vice President of Manufacturing at Janus International Group, disposed of 1,926 shares of common stock.
  • The transaction was executed to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units.
  • The shares were sold at a price of $8.37 per share.
  • Following the transaction, Nettie directly owns 329,983 shares, including 35,084 restricted stock units, and indirectly owns 600,000 shares through the Nettie Family Gift Trust.

Sentiment

Score: 5

Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.

Key Dates

DateDescription
03/19/2025Date of transaction: Disposal of common stock.
03/20/2025Date of signature by attorney-in-fact.

Keywords

Form 4, Janus International Group, Norman Nettie, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership

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