JBG SMITH COO Buys $15‑Per Unit LTIP Shares, Signaling Confidence in DC Growth

Insider Buying in a Turbulent Market

JBG SMITH Properties’ most recent insider transaction came on February 13, 2026 when Chief Accounting Officer Val de López Angela purchased 5,067 Limited‑Partnership Investment‑Trust (LTIP) Units in the company’s operating partnership. The deal, valued at roughly $15.77 per unit, was announced amid a mild decline in the stock’s price and a modest 0.01 % drop in the share price. Despite the market’s modest pullback, the transaction signals that senior management remains confident in the long‑term value of the company’s asset portfolio and its focus on high‑growth submarkets such as National Landing.

What This Means for Investors

The LTIP structure offers a path to convert the units into ordinary common shares after a two‑year vesting schedule, providing a deferred incentive that aligns management’s interests with shareholders. Val’s grant adds to a broader trend of insider activity: the company’s Chief Legal Officer, Steven A. Musesles, has been active this year with 20,010 shares bought and sold in both common and LTIP units. The pattern indicates a strategy of liquidity management rather than a signal of impending divestiture. For investors, the continued issuance of LTIP Units is a positive sign that the firm’s leadership is willing to tie compensation to future performance, which can translate into disciplined capital allocation and a focus on value‑creating projects.

Val de López Angela: A Profile of the Chief Accounting Officer

Val has a long history of insider transactions that reflect a conservative approach to equity ownership. In September 2025 she sold 4,775 common shares at $23.04, leaving her with no common stock holdings, and in the same period she secured 5,067 LTIP Units. Her portfolio has remained largely “locked‑in” through the LTIP vesting schedule, which prevents short‑term trading pressure. Compared to peers—such as the Chief Investment Officer, George Laucks, who frequently moves between common, LTIP, and operating partnership units—Val’s transactions are more measured and focused on long‑term value creation. Her activity suggests a preference for capital preservation and a belief that the company’s real‑estate assets will continue to appreciate over the next several years.

Industry Context and Future Outlook

JBG SMITH operates in a niche that benefits from sustained demand in the Washington, DC metro area, especially in National Landing where Amazon and the Pentagon provide stable anchor tenants. With a 52‑week high of $24.30 and a current price of $15.98, the stock is trading below its peak, providing a potential entry point for value‑seeking investors. Insider buying, coupled with the company’s green‑building initiatives and smart‑city focus, positions JBG SMITH to capitalize on both the housing‑market rebound and the shift toward sustainable, technology‑enabled properties.

For those monitoring insider activity, Val’s recent LTIP purchase—along with the broader trend of LTIP and common‑share transactions—offers a subtle endorsement of the company’s strategic trajectory. While short‑term price swings are inevitable, the alignment of executive incentives with long‑term performance suggests a cautiously optimistic outlook for JBG SMITH’s investors.