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    New insider Zellmann Mark Joseph claimed ownership of 693,747 shares (SEC Form 3)

    6/26/25 8:11:05 PM ET
    $JCAP
    Real Estate Investment Trusts
    Consumer Services
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    SEC FORM 3 SEC Form 3
    FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0104
    Estimated average burden
    hours per response: 0.5
    1. Name and Address of Reporting Person*
    Zellmann Mark Joseph

    (Last) (First) (Middle)
    C/O JEFFERSON CAPITAL, INC.
    600 SOUTH HIGHWAY 169, SUITE 1575

    (Street)
    MINNEAPOLIS MN 55426

    (City) (State) (Zip)
    2. Date of Event Requiring Statement (Month/Day/Year)
    06/26/2025
    3. Issuer Name and Ticker or Trading Symbol
    Jefferson Capital, Inc. / DE [ JCAP ]
    4. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    Director 10% Owner
    X Officer (give title below) Other (specify below)
    PRESIDENT US BUSINESS LINES
    5. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Beneficially Owned
    1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
    Common Stock(1) 693,747 D
    Table II - Derivative Securities Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
    Date Exercisable Expiration Date Title Amount or Number of Shares
    Explanation of Responses:
    1. Includes (i) 479,425 shares of restricted common stock that are subject to forfeiture and vest as to 1/3rd of such shares on each anniversary for three years from the June 25, 2025 grant date, and (ii) 15,673 shares of restricted common stock that are subject to forfeiture and vest as to 7,836 shares on July 20, 2025 and 7,367 shares on July 20, 2026, in each case, subject to continued service through the vest date.
    Remarks:
    Exhibit List: Exhibit 24.1 - Power of Attorney
    /s/ Matthew J. Pfohl, as Attorney-in-Fact, for Mark Joseph Zellmann 06/26/2025
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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