BENZ ELIZABETH 4
4 · Jamf Holding Corp. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Jamf (JAMF) CSO Elizabeth Benz Sells Shares in Merger
What Happened Elizabeth Benz, Chief Strategy Officer of Jamf Holding Corp., had equity converted to cash in connection with Jamf's merger. On Jan 30, 2026 she disposed of 347,249 Company RSUs (converted at $13.05/share for $4,531,599) and two derivative items converted to cash (39,717 at an effective $7.18/share for $285,168; 63,250 at an effective $4.84/share for $306,130). Total cash received reported on the Form 4 was approximately $5,122,897. These were dispositions to the issuer (transaction code D) pursuant to the merger agreement, not open-market sales.
Key Details
- Transaction date: 2026-01-30 (filed with SEC 2026-02-03; filing was timely)
- Items and amounts:
- 347,249 RSUs converted at $13.05 each = $4,531,599
- 39,717 derivative conversion @ $7.18 each = $285,168
- 63,250 derivative conversion @ $4.84 each = $306,130
- Total ≈ $5,122,897
- Shares owned after transaction: common stock holdings were cancelled/converted under the merger (effectively 0 shares of Jamf common stock remain)
- Relevant footnotes:
- F1: All issued and outstanding Jamf common shares were cancelled and converted into $13.05 per-share cash at the merger effective time.
- F2: The 347,249 reported RSUs were fully vested, cancelled and converted into cash equal to $13.05 × shares.
- F3: Options/other derivatives were cancelled and converted into cash equal to the number of shares × (Per Share Price − exercise price), net of any applicable withholding taxes.
- Transaction type: Disposition to issuer under merger (code D), not a voluntary open-market sale
Context This filing reflects routine cash settlement of equity awards and options as part of the merger consideration (Jamf becoming a wholly owned subsidiary of the buyer). Such conversions are common in M&A and do not necessarily indicate trading sentiment the way open-market purchases or discretionary sales might.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2]2026-01-30$13.05/sh−347,249$4,531,599→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-01-30$7.18/sh−39,717$285,168→ 0 totalExercise: $5.87Exp: 2028-12-31→ Common Stock (39,717 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-01-30$4.84/sh−63,250$306,130→ 0 totalExercise: $8.21Exp: 2029-10-10→ Common Stock (63,250 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"), 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 consist of 347,249 unvested restricted stock units ("Company RSUs") which were fully vested, cancelled and converted into the right to receive, without interest, an amount in cash 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.
- [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.