STROSAHL JOHN 4
4 · Jamf Holding Corp. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Jamf (JAMF) CEO John Strosahl Sells Shares in Merger Cash-Out
What Happened
John Strosahl, CEO and director of Jamf Holding Corp. (JAMF), disposed of Jamf equity in connection with the company’s merger. On 2026-01-30 he received cash for 1,480,451 common shares at $13.05/share ($19,319,886). In addition, two derivative conversions (from equity awards/options) resulted in cash payments for 121,000 shares at an implied $7.56/share ($914,760) and 123,750 shares at an implied $4.84/share ($598,950). Total cash received across these dispositions was $20,833,596. These were not open-market sales but cash-outs under the Merger Agreement.
Key Details
- Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (filed within the standard two business‑day window).
- Prices & values: 1,480,451 shares @ $13.05 = $19,319,886; 121,000 (derivative) @ $7.56 = $914,760; 123,750 (derivative) @ $4.84 = $598,950. Total ≈ $20,833,596.
- Nature of transactions: Dispositions to the issuer under the Merger Agreement (code D). These were cash conversions/cancellations tied to the Merger, not open-market trades.
- Shares owned after transaction: Jamf common shares were cancelled at the Effective Time of the Merger; reporting person no longer holds Jamf common stock (the filing shows conversion/cancellation pursuant to the Merger).
- Notable footnotes:
- F1: At the Merger Effective Time, each outstanding Jamf common share was cancelled and converted into the right to receive $13.05 in cash.
- F2: 1,162,206 Company RSUs were converted into cash awards that will vest/pay out (subject to continued service) at the original RSU vesting dates.
- F3: Stock options were cancelled and converted into cash equal to the number of option shares times the excess of the $13.05 Per Share Price over the option exercise price.
Context
- These were merger cash-outs (routine corporate transaction) rather than discretionary insider open‑market sales; they reflect the Merger Agreement terms rather than a trading signal.
- For the converted RSUs, cash is payable later if the reporting person continues to meet original vesting/service conditions. For cancelled options, payment was a cash settlement equal to the spread per F3.
- No evidence in the filing of a 10b5‑1 plan, gifts, or tax-withholding sale mechanics beyond the Merger conversions.
Insider Transaction Report
Form 4Exit
STROSAHL JOHN
DirectorCEO
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-01-30$13.05/sh−1,480,451$19,319,886→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-01-30$7.56/sh−121,000$914,760→ 0 totalExercise: $5.49Exp: 2027-11-21→ Common Stock (121,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-01-30$4.84/sh−123,750$598,950→ 0 totalExercise: $8.21Exp: 2029-10-10→ Common Stock (123,750 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of October 28, 2025 (the "Merger Agreement"), by and among the Issuer, Jawbreaker Parent, Inc. ("Parent") and Jawbreaker Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.001 per share ("Common Stock"), owned by the reporting person immediately prior to the Effective Time was automatically cancelled, extinguished and converted into the right to receive $13.05 per share in cash, without interest thereon (the "Per Share Price").
- [F2]The shares of Common Stock reported as disposed by the reporting person include 1,162,206 unvested restricted stock units ("Company RSUs") which, pursuant to the Merger Agreement, were, at or immediately prior to the Effective Time, cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (i) the Per Share Price and (ii) the total number of shares of Common Stock subject to such Company RSUs as of immediately prior to the Effective Time (the "Converted Cash Awards"). The Converted Cash Awards will, subject to the reporting person's continued service through the applicable vesting dates, vest and be payable at the time when the Company RSUs for which the Converted Cash Awards were exchanged would have vested pursuant to the terms thereof.
- [F3]Pursuant to the Merger Agreement, this stock option was, at or immediately prior to the Effective Time, cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (i) the total number of shares of Common Stock subject to such option as of immediately prior to the Effective Time and (ii) the excess, if any, of the Per Share Price over the exercise price of such option.
Signature
/s/ Jeff Lendino, as attorney-in-fact for John Strosahl|2026-02-03