Form 4: JBG SMITH Properties Director Acquires 30,000 Shares
SEC Form 4 Filing
Director Robert Alexander Stewart purchased 30,000 shares of JBG SMITH Properties at an average price of $16.87 on March 1, 2024.
Summary
- On March 1, 2024, Robert Alexander Stewart, a director of JBG SMITH Properties, acquired 30,000 common shares of the company.
- The shares were purchased at a weighted average price of $16.87, with individual transaction prices ranging from $16.80 to $17.09.
- Following the transaction, Mr. Stewart beneficially owns 30,000 shares indirectly through the Robert Alexander Stewart Revocable Trust, for which he serves as the sole trustee and beneficiary.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock purchase, which can be interpreted as a slightly positive signal, but it's not a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. Monitoring such filings can provide insights into management's sentiment and confidence in the company's performance.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the transaction where Robert Alexander Stewart acquired 30,000 shares. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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