Form 4: JFrog Ltd. Executive Sells Shares in Multiple Transactions

A JFrog Ltd. executive, Simon Frederic, sold a total of 35,000 shares in multiple transactions on December 10, 2024, at weighted average prices of $30.45 and $31.10.

Summary

• On December 10, 2024, Simon Frederic, an executive at JFrog Ltd., sold 34,342 ordinary shares at a weighted average price of $30.45.
• The sale of 34,342 shares was executed in multiple trades with prices ranging from $30.06 to $31.05.
• Additionally, Mr. Frederic sold 658 ordinary shares at a weighted average price of $31.10 on the same day.
• This second sale of 658 shares was also executed in multiple trades, with prices ranging from $31.09 to $31.13.
• The total number of shares sold by Mr. Frederic on December 10, 2024, was 35,000.
• The reporting person has committed to providing full information regarding the number of shares sold at each separate sale price upon request.

Sentiment

Score: 5

Explanation: The document reports a routine executive share sale, which is neither positive nor negative in itself. The sentiment is neutral.

Industry Context

Executive share sales are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's view of the company's future prospects. This transaction is a routine disclosure of an executive's share sale.

Comparison to Industry Standards

• Executive share sales are a normal part of corporate activity, and the reported transactions are consistent with standard practices for publicly traded companies.
• Similar transactions are regularly reported by executives at comparable technology companies such as Datadog, Cloudflare, and GitLab.

Stakeholder Impact

• The share sale by an executive may be of interest to shareholders, but it is a routine transaction and not expected to have a significant impact on the company's operations or stock price.

Key Dates

Keywords

JFrog Ltd, share sale, executive transaction, insider trading, stock sale, Simon Frederic