Form 4: JFrog Director Frederic Simon Receives RSU Grant
Statement of Changes in Beneficial Ownership
JFrog Ltd. Director Frederic Simon was granted 3,542 restricted stock units as part of the company's 2020 Share Incentive Plan.
Summary
- Director Frederic Simon acquired 3,542 restricted stock units (RSUs) on May 21, 2026.
- The RSUs were granted at a price of $0 per share.
- Following this transaction, the director's total beneficial ownership of JFrog ordinary shares increased to 3,344,328.
- The RSUs are subject to a vesting schedule occurring quarterly over one year, starting August 21, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- The grant aligns the director's interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is contingent upon the reporting person remaining a Service Provider through each applicable vesting date.
Future Outlook
The RSUs will vest in four equal quarterly installments beginning August 21, 2026, and concluding May 21, 2027, provided the director remains a service provider.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the software and technology sector to ensure leadership retention and alignment with shareholder interests.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices for publicly traded technology companies.
- The vesting schedule of one year is relatively short compared to typical multi-year performance-based equity grants, but common for annual director refresh grants.
Stakeholder Impact
- Minimal impact on shareholders as the grant represents a negligible dilution of total outstanding shares.
Next Steps
- Vesting of 25% of the granted RSUs on August 21, 2026.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Transaction date of RSU grant. |
| 05/22/2026 | Date of filing. |
| 08/21/2026 | First vesting date (25% of RSUs). |
| 11/21/2026 | Second vesting date (25% of RSUs). |
| 02/21/2027 | Third vesting date (25% of RSUs). |
| 05/21/2027 | Final vesting date (25% of RSUs). |
Keywords
JFrog, FROG, Form 4, Insider Trading, Equity Compensation, Director Compensation
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