JBGS JBG SMITH Properties

Last updated: Mar 16, 2026

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Execution Consistency

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2025: $52M, Q2 2025: $67M, Q1 2025: $49M, Q3 2024: $118M

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Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $52M vs trailing avg $78M (-33%)

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What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-64M), cannot compute buyback ratio

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How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 39,900,000 shares = 47.2% of 84,500,000 outstanding (annualized)

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Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

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Are insider purchases happening during the same quarters the company is actively buying back stock?

Need both buyback and insider purchase data

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Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $2M (net selling)

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Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 2021105.8x more than bought. 5 C-suite officers among sellers

Regan-Levine Evan (Chief Strategy Officer) sold 500 shares on 2025-11-24
Regan-Levine Evan (Chief Strategy Officer) sold 3,985 shares on 2025-11-24
Regan-Levine Evan (Chief Strategy Officer) sold 5,200 shares on 2025-11-07
MUSELES STEVEN A (Chief Legal Off. & Corp. Secy) sold 15,003 shares on 2025-10-30
MUSELES STEVEN A (Chief Legal Off. & Corp. Secy) sold 16,253 shares on 2025-10-31
Regan-Levine Evan (Chief Strategy Officer) sold 5,714 shares on 2025-09-15
Xanders George Laucks (Chief Investment Officer) sold 2,750 shares on 2025-09-11
Xanders George Laucks (Chief Investment Officer) sold 4,000 shares on 2025-09-12
MUSELES STEVEN A (Chief Legal Off. & Corp. Secy) sold 1,295 shares on 2025-09-10
Valdes Angela (Chief Accounting Officer) sold 4,775 shares on 2025-09-09