Form 4 Filing for JBG SMITH Properties

This filing details a Form 4 submission for JBG SMITH Properties (JBGS) concerning transactions by reporting owner MELTON CAROL A. On April 30, 2026, Carol A. Melton received a grant of 17,197 LTIP Units, which are convertible into common shares of JBG SMITH Properties. These units, granted under the 2017 Omnibus Share Plan, are subject to certain conditions for conversion and redemption. The LTIP Units vest upon grant but have sale restrictions tied to Melton's role as a trustee. Corresponding Class B shares, without economic rights, were also issued. Following this transaction, Melton beneficially owns 110,721 LTIP Units. The filing also notes the issuance of Class B shares corresponding to the LTIP Units, which lack economic rights and are not exchange-listed. This transaction is classified as an acquisition of securities.