STROSAHL JOHN 4

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.