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.
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.
