Form 4: JFrog Executive Tali Notman Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Tali Notman, Chief Revenue Officer of JFrog Ltd, sold 11,621 ordinary shares to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- On September 3, 2024, Tali Notman, the Chief Revenue Officer of JFrog Ltd, sold 11,621 ordinary shares of the company.
- The sale was executed at a price of $27.06 per share.
- The transaction was conducted to cover statutory tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Notman directly owns 547,413 ordinary shares of JFrog Ltd.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of RSUs are a common practice among company executives.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of the share sale transaction. |
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