Form 4: Jamf Holding Corp. CSO Elizabeth Benz Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Elizabeth Benz, CSO 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
- Elizabeth Benz, the Chief Strategy Officer (CSO) of Jamf Holding Corp. (JAMF), reported the sale of company stock on March 19 and March 20, 2024.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 8, 2023.
- On March 19, 2024, 7,720 shares of common stock were sold at a weighted average price of $17.8524 per share, with individual prices ranging from $17.67 to $17.98.
- On March 20, 2024, 17,265 shares of common stock were sold at a weighted average price of $17.9597 per share, with individual prices ranging from $17.71 to $18.21.
- Following these transactions, Elizabeth Benz directly owns 218,874 shares of Jamf Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sales were conducted under a pre-arranged 10b5-1 trading plan, which is a neutral event.
Industry Context
Sales by company executives are a normal part of corporate governance. The fact that these sales were executed under a pre-arranged 10b5-1 trading plan suggests they were planned well in advance and not based on any immediate inside information.
Stakeholder Impact
- The stock sales by a company executive could have a minor negative impact on investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/08/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 03/19/2024 | Date of first stock sale |
| 03/20/2024 | Date of second stock sale |
| 03/21/2024 | Date of Form 4 filing |
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