JAMF.Jamf Holding CORP

Form 4: Jamf Holding Corp. CIO Linh Lam Sells Shares

Sentiment:

SEC Form 4

📋All filings for Jamf Holding CORP
🔒Login to Follow

Linh Lam, CIO of Jamf Holding Corp., executed sales of common stock on March 19 and 20, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • Linh Lam, the CIO of Jamf Holding Corp., sold shares of common stock on March 19 and March 20, 2024.
  • On March 19, 2024, 7,687 shares were sold at a weighted average price of $17.8508, with prices ranging from $17.67 to $18.04.
  • On March 20, 2024, 25,978 shares were sold at a weighted average price of $17.9763, with prices ranging from $17.72 to $18.13.
  • The sales were executed under a Rule 10b5-1 trading plan adopted on May 15, 2023.
  • Following these transactions, Linh Lam directly owns 202,785 shares of Jamf Holding Corp.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.

Stakeholder Impact

  • The stock sales by a company executive could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.

Key Dates

DateDescription
05/15/2023Date the reporting person adopted the Rule 10b5-1 trading plan
03/19/2024Date of first reported transaction: sale of 7,687 shares
03/20/2024Date of second reported transaction: sale of 25,978 shares
03/21/2024Date of report

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.