Form 4: Jamf Holding Corp. CIO Linh Lam Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Linh Lam, CIO of Jamf Holding Corp., sold 5,445 shares of common stock at an average price of $18.3646 under a pre-arranged 10b5-1 trading plan.
Summary
- On August 20, 2024, Linh Lam, the CIO of Jamf Holding Corp., sold 5,445 shares of common stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on May 21, 2024.
- The shares were sold at a weighted average price of $18.3646.
- The price range for individual transactions was between $18.25 and $18.55.
- Following the transaction, Linh Lam directly owns 195,140 shares of Jamf Holding Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine insider sale under a pre-arranged trading plan and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
This is a routine disclosure of an insider stock sale under a pre-arranged trading plan, which is a common practice among corporate executives. It doesn't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| May 21, 2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| August 20, 2024 | Date of the transaction (stock sale) |
| August 22, 2024 | Date of the Form 4 filing |
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