Jbg Smith Properties
8 nominees · 3 ballot items.
Shareholders will vote to elect eight trustees to the Board, to approve on a non‑binding advisory basis the compensation of the Company’s named executive officers (Say‑on‑Pay), and to ratify Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Follow how the vote landed and what changed on Jbg Smith Properties’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
On the ballot3
- 1
Election of Trustees
ManagementBoard: FORElect eight trustees to the Board of Trustees to serve until the 2027 Annual Meeting and until their successors are duly elected and qualify.
- 2
Advisory Vote on Executive Compensation (Say‑on‑Pay
ManagementBoard: FORA non‑binding advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the Proxy Statement (the Say‑on‑Pay vote).
More detail
This non‑binding management proposal asks shareholders to approve the Company’s executive compensation disclosures under Item 402 of Regulation S‑K, including the Compensation Discussion and Analysis and accompanying tables. Management seeks this advisory approval to confirm that its compensation philosophy — which emphasizes alignment with shareholders through substantial equity‑based pay, multi‑year and performance‑based vesting (including AO LTIP Units, Time‑Based LTIPs, and NOI‑based and share‑price performance features), and rigorous share ownership and clawback policies — remains supported by investors. The Compensation Committee designs a mix of base salary, annual cash incentives, and long‑term equity with quantitative and qualitative goals tied to EBITDA (as Adjusted), leasing, capital recycling, development milestones, and sustainability objectives; many awards include multi‑year performance periods and relative TSR modifiers. The proxy materials document targeted peer benchmarking, use of an independent compensation consultant, and recent shareholder outreach, noting that prior say‑on‑pay support was substantial and that the Committee has made program adjustments (including a new five‑year share‑price LTIP) in response to investor feedback. The vote is advisory only and non‑binding, but the Board and the Compensation Committee state they will consider the outcome when making future compensation decisions. Key governance features supporting management’s recommendation include majority voting in uncontested trustee elections, independent committee oversight, prohibition on hedging and pledging by executives, and absence of excise tax gross‑ups; these are presented as mitigating concerns about excessive risk or misalignment. Opponents could object to high equity grants’ grant‑date valuations or to particular plan features (e.g., AO LTIP participation thresholds and TSR modifiers), but management contends the awards are structured to tie pay to realized long‑term performance and to retain key executives during a transformation that includes significant capital recycling and development. In recommending FOR the proposal, the Board emphasizes shareholder alignment, pay‑for‑performance features, and ongoing responsiveness to investor feedback while acknowledging the advisory nature of the vote and the Committee’s commitment to consider shareholder views.
- 3
Ratification of the Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Nominees on the ballot8
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 12.1% | 7,061,554 | $103M |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 10.1% | 5,885,246 | $86M |
| 3 | Long Pond Capital, LP | 7.6% | 4,414,269 | $64M |
| 4 | STATE STREET CORP | 6.2% | 3,639,072 | $53M |
| 5 | MORGAN STANLEY | 6.1% | 3,544,150 | $52M |
| 6 | CITIGROUP INC | 4.9% | 2,882,061 | $42M |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 4.2% | 2,422,319 | $35M |
| 8 | BlackRock, Inc. | 4.1% | 2,380,659 | $35M |
| 9 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.9% | 1,664,666 | $24M |
| 10 | PRIVATE MANAGEMENT GROUP INC | 2.8% | 1,643,935 | $24M |
Other Real Estate sector meetings6
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Frequently asked questions
- When is the Jbg Smith Properties 2026 annual meeting?
- Jbg Smith Properties (JBGS) holds its 2026 annual shareholder meeting on Thursday, April 30, 2026.
- What is the record date for the Jbg Smith Properties 2026 meeting?
- The record date for the Jbg Smith Properties 2026 meeting is Friday, February 27, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Jbg Smith Properties's 2026 meeting?
- The board is presenting 8 director nominees at the Jbg Smith Properties 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Jbg Smith Properties 2026 meeting?
- Shareholders will vote on 3 proposals at the Jbg Smith Properties 2026 meeting, each tagged with who proposed it and the board's recommendation.
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