Form 4: JFrog's Chief Revenue Officer, Tali Notman, Reports Stock Transactions
SEC Form 4 Filing
Tali Notman, Chief Revenue Officer of JFrog Ltd, reports the acquisition and disposal of ordinary shares and derivative securities.
Summary
- Tali Notman, the Chief Revenue Officer of JFrog Ltd, filed a Form 4 detailing changes in beneficial ownership.
- On May 12, 2025, Notman acquired 9,734 ordinary shares through the exercise of an employee share option at a price of $23.
- On the same day, Notman disposed of 9,734 ordinary shares at a price of $40.
- Following these transactions, Notman beneficially owns 734,072 ordinary shares and 19,467 employee share options.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 6, 2024.
- The employee share options vest over time, with one-fifth vesting on July 29, 2021, and the remainder vesting in equal quarterly installments thereafter.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the tech industry. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| July 29, 2021 | One fifth of the ordinary shares subject to the option vested. |
| December 6, 2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan. |
| May 12, 2025 | Date of the reported transactions: acquisition and disposal of ordinary shares. |
| May 14, 2025 | Date of the form's signature. |
| July 29, 2030 | Expiration date of the employee share option. |
Keywords
Form 4, JFrog, Tali Notman, Chief Revenue Officer, Stock Transaction, Beneficial Ownership, Rule 10b5-1, Ordinary Shares, Employee Stock Options
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