Form 4: Janus International Group VP Norman Nettie Reports Stock Transactions
SEC Form 4 Filing
Norman V. Nettie, Vice President of Manufacturing at Janus International Group, reports acquisition and disposal of company stock on February 3, 2025.
Summary
- Norman V. Nettie, Vice President of Manufacturing at Janus International Group, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 3, 2025, Nettie acquired 21,140 shares of common stock upon the vesting of performance stock units.
- On the same day, Nettie disposed of 7,134 shares to cover tax withholding obligations related to the vesting of these units at a price of $7.97 per share.
- Following these transactions, Nettie directly owns 311,752 shares and indirectly owns 600,000 shares through the Nettie Family Gift Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| May 1, 2023 | Date of Power of Attorney for Section 13 and 16 Reporting Obligations. |
| 02/03/2025 | Date of stock acquisition and disposal. |
| 02/05/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Janus International Group, Nettie, JBI, Performance Stock Units, Tax Withholding
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