Form 4: Jamf Holding Corp. CIO Linh Lam Reports Sale of Common Stock
SEC Form 4 Filing
Linh Lam, CIO of Jamf Holding Corp., reported the sale of 2,200 shares of common stock at an average price of $20.0333 on May 3, 2024, pursuant to a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 3, 2024, Linh Lam, the CIO of Jamf Holding Corp., sold 2,200 shares of common stock.
- The sale was executed at a weighted average price of $20.0333 per share.
- The transactions occurred within a price range of $20.00 to $20.07.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on May 15, 2023.
- Following the reported transaction, Linh Lam beneficially owns 200,585 shares of Jamf Holding Corp.
- The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price within the specified ranges upon request.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading activities, which are common in publicly traded companies. It provides transparency into the transactions of company executives and their holdings.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply, but the effect is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| May 15, 2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| May 03, 2024 | Date of the transaction (stock sale) |
| May 07, 2024 | Date of signature for the Form 4 filing |
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