Form 4: Jamf Merger: CTO Beth Tschida's Stock Disposition

Jamf Holding Corp.'s CTO, Beth Tschida, reported the disposition of all her common stock holdings and unvested restricted stock units following the company's merger into a wholly-owned subsidiary.

Summary

• Beth Tschida, Chief Technology Officer (CTO) of Jamf Holding Corp. (JAMF), reported the disposition of her beneficial ownership in the company.
• The disposition occurred on January 30, 2026, as a direct result of the merger of Jamf Holding Corp. with Jawbreaker Merger Sub, Inc., making Jamf a wholly-owned subsidiary of Jawbreaker Parent, Inc.
• Each outstanding share of Jamf's common stock owned by the reporting person was automatically cancelled and converted into the right to receive $13.05 per share in cash.
• A total of 475,932 shares of common stock directly owned and 1,603 shares indirectly owned by a child were disposed of at a price of $13.05 per share.
• The disposed shares included 448,264 unvested restricted stock units (RSUs) which were cancelled and converted into 'Converted Cash Awards'.
• These Converted Cash Awards will vest and be payable at the original RSU vesting dates, subject to Beth Tschida's continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a mandatory report of a transaction resulting from a previously announced corporate action (merger) rather than an operational or financial performance update.

Positives

• Reporting person received a cash payout of $13.05 per share for all vested common stock holdings.
• Unvested restricted stock units were converted into cash awards, providing future compensation contingent on continued service.

Negatives

• The reporting person no longer holds direct or indirect equity ownership in Jamf Holding Corp. following the merger.
• The cash awards for former RSUs are subject to continued service, introducing a condition for payout.

Risks

• The Converted Cash Awards for the former RSUs are contingent on the reporting person's continued service through the applicable vesting dates, meaning forfeiture if service terminates prematurely.

Future Outlook

The Converted Cash Awards, resulting from the former unvested restricted stock units, are scheduled to vest and be payable at their original vesting dates, contingent upon the reporting person's continued employment.

Industry Context

StockSavvy.ai notes that the disposition of equity by a company officer following a merger is a standard procedural outcome in M&A transactions. This Form 4 filing reflects the finalization of the equity conversion process for an insider after Jamf Holding Corp. became a private entity.

Corporate Governance

Stakeholder Impact

• Shareholders: Received $13.05 per share in cash for their common stock holdings.
• Reporting Person (Beth Tschida): Converted equity holdings into cash and future cash awards, contingent on continued service.
• Employees: The filing indicates continued service is required for the vesting of converted RSU cash awards, suggesting continuity for key personnel post-merger.

Next Steps

• Continued service by Beth Tschida to ensure vesting and payment of Converted Cash Awards.

Key Dates

Keywords

Jamf Holding Corp., JAMF, Merger, Acquisition, Form 4, Insider Transaction, CTO, Equity Disposition, Restricted Stock Units, Cash Awards