Form 4: Jamf Holding Corp. Director Dean Hager Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Dean Hager, a director at Jamf Holding Corp., sold 73,730 shares of common stock at an average price of $17.763 per share on March 15, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 15, 2024, Dean Hager, a director of Jamf Holding Corp., sold 73,730 shares of the company's common stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on November 14, 2023.
- The shares were sold at a weighted average price of $17.763, with individual transactions ranging from $17.68 to $18.19.
- Following the transaction, Dean Hager directly owns 385,665 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 SEC filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It is common for corporate insiders to utilize 10b5-1 trading plans to sell shares over time to avoid accusations of trading on material non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor negative impact on shareholder sentiment, although the existence of a pre-arranged trading plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2023/11/14 | Date of adoption of Rule 10b5-1 trading plan |
| 2024/03/15 | Date of stock sale transaction |
| 2024/03/19 | Date of Form 4 filing |
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