Form 4: Jamf Director Cashes Out Holdings in Merger
Insider Transaction Report
Jamf Holding Corp. director Dean Hager disposed of all his common stock and stock options as part of the company's merger with Jawbreaker Parent, Inc., receiving $13.05 per share in cash.
Summary
- Dean Hager, a director of Jamf Holding Corp., disposed of all his beneficial ownership in the company.
- This disposition occurred on January 30, 2026, as a result of Jamf's merger with Jawbreaker Parent, Inc., where Jamf became a wholly-owned subsidiary.
- Each issued and outstanding share of common stock, including 131,736 unvested restricted stock units that fully vested, was converted into the right to receive $13.05 per share in cash.
- Stock options were cancelled and converted into cash based on the difference between the $13.05 per share price and their respective exercise prices.
- Specifically, 1,464,939 stock options with an exercise price of $5.49 and 284,625 stock options with an exercise price of $8.70 were cashed out.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a positive event for the reporting person, Dean Hager, who successfully monetized his equity and options holdings at a favorable merger price. For Jamf shareholders, it represents the completion of an acquisition, providing a cash exit.
Positives
- Director Dean Hager received a significant cash payout for his common stock and vested restricted stock units at $13.05 per share.
- Stock options held by the reporting person were in-the-money and converted to cash, providing a profit for the holder.
Negatives
- Jamf Holding Corp. is no longer an independent publicly traded entity, having become a wholly-owned subsidiary.
- Existing shareholders, including the reporting person, no longer hold equity in Jamf.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that this Form 4 filing confirms the completion of the acquisition of Jamf Holding Corp. by Jawbreaker Parent, Inc., a common occurrence in the tech sector where established companies are acquired for their market position or technology. Such transactions often result in significant cash payouts for insiders and a delisting of the acquired entity.
Stakeholder Impact
- Shareholders: Received $13.05 per share in cash, ending their equity ownership in Jamf.
- Employees (with RSUs/Options): Those with unvested RSUs or in-the-money options received cash payouts as part of the merger terms.
Next Steps
- The Issuer, Jamf Holding Corp., is now a wholly-owned subsidiary of Jawbreaker Parent, Inc.
Key Dates
| Date | Description |
|---|---|
| 10/28/2025 | Date of the Agreement and Plan of Merger between Issuer, Jawbreaker Parent, Inc., and Jawbreaker Merger Sub, Inc. |
| 01/30/2026 | Date of earliest transaction; Effective Time of the Merger where Merger Sub merged into Issuer, and shares/options were converted to cash. |
| 02/03/2026 | Signature date of the Form 4 filing. |
| 11/21/2027 | Expiration date for the first tranche of stock options (1,464,939 shares). |
| 12/10/2029 | Expiration date for the second tranche of stock options (284,625 shares). |
Keywords
Jamf Holding Corp., JAMF, Dean Hager, Merger, Acquisition, Form 4, Insider Trading, Stock Options, Restricted Stock Units, Cash Out, Jawbreaker Parent Inc.
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