JCAP Jefferson Capital, Inc. / DE Insider Trading

David M. Burton sold 385,000 shares of JCAP at $20.50 on 2026-01-09; stock up 30.5% in 90 days post-prior sale.

David M. Burton sold 385,000 shares (385.0K shares) at $20.50, reducing his holdings to 3,392,500 shares (3.39M shares). The current price of $23.11 reflects gains since his transaction date. His cross-ticker track record shows 1 prior sell with an average 90-day return of +13.3%, indicating that his prior sale in this period was followed by stock appreciation rather than decline—a poorly-timed outcome. At JCAP specifically, his single prior sale on 2025-06-27 also posted a 90-day return of +13.3%, consistent with the pattern of selling before upward price movement. The 30.5% gain over 90 days suggests the stock has appreciated materially since he chose to exit this position, though the sale represents only a 10.2% reduction in his overall stake.

JCF IV JCAP Holding L.P. (10% owner) sells 11,000,000 shares of JCAP at $19.63; holdings drop to 32,721,808 from 43,721,808 (-25.2%)

A major 10% shareholder liquidated 11,000,000 shares (11.00M shares) for $215,916,800.00 on 2026-01-09, reducing its stake by 25.2% to 32,721,808 shares. The sale occurred at $19.63, significantly below the current price of $23.37 and 15.9% below the 52-week high, even as the stock has posted a 90-day gain of 28.7%. This large, non-trivial reduction in a meaningful ownership position warrants investor scrutiny, particularly given the divergence between the transaction price and recent price momentum. The company's underlying fundamentals show revenue of $150,842,000.00 (latest quarter) and net income of $38,362,000.00, supporting a market cap of $1,362,248,354.01.

J.C. Flowers IV L.P. sells 8,708,911 shares (22.4% of holdings) at $15.00 post-JCAP IPO, reducing stake to 30.23M shares

J.C. Flowers IV L.P., a 10% owner of Jefferson Capital (JCAP), executed 2 separate sales totaling 8,708,911 shares for $130,633,665.00 at $15.00 per share on 2025-06-27, just days after the company's recent listing. The seller reduced its holdings from 38,937,863 shares to 30,228,952 shares, a -22.4% reduction in its stake. The transaction occurred when the current market price ($17.77 as of 2025-07-01) stood above the execution price, indicating the shares have appreciated since the sale date. This represents an early liquidity event by a major founder-investor in a newly public company, at a price below current trading levels.

David M. Burton sells 424,296 shares of JCAP at $15.00 (3 days post-IPO); retains 3,777,500 shares

David M. Burton sold 424,296 shares at $15.00 on 2025-06-27, three trading days after Jefferson Capital's recent listing. His post-transaction holdings of 3,777,500 shares represent a -10.1% reduction from his pre-transaction position of 4,201,796 shares. The current market price of $18.45 reflects an upward move from the transaction price, but this post-trade price appreciation occurred after the sale was executed. This sale occurs in the immediate post-listing window, a period when insiders typically face liquidity opportunities and strategic portfolio decisions following a company's transition to public markets.