Form 4: JFrog Director Visoso Luis Felipe Reports Changes in Beneficial Ownership
SEC Form 4
Director Luis Felipe Visoso reports acquisition and disposal of ordinary shares and restricted stock units in JFrog Ltd.
Summary
- On May 21, 2025, Luis Felipe Visoso, a director of JFrog Ltd, reported changes in beneficial ownership.
- Visoso acquired 5,471 ordinary shares at $0 and disposed of 15,313 ordinary shares.
- Following these transactions, Visoso beneficially owns 15,313 ordinary shares.
- The report also details restricted stock units (RSUs) that vest in quarterly installments starting August 21, 2025, and ending May 21, 2026, contingent upon continued service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment. It simply reports transactions and vesting schedules.
Future Outlook
The vesting of RSUs is contingent upon the reporting person remaining a service provider through each applicable vesting date.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding the director's view on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of earliest transaction: acquisition and disposal of ordinary shares. |
| 05/21/2025 | Date of RSU acquisition. |
| 08/21/2025 | First vesting date for 25% of the restricted stock units. |
| 11/21/2025 | Second vesting date for 25% of the restricted stock units. |
| 02/21/2026 | Third vesting date for 25% of the restricted stock units. |
| 05/21/2026 | Final vesting date for 25% of the restricted stock units. |
| 05/22/2025 | Date of signature by power of attorney. |
Keywords
JFrog, Beneficial Ownership, Form 4, Director, Visoso, Securities, Shares, RSUs
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.