WUDI JASON 4
Research Summary
AI-generated summary
Jamf (JAMF) Chief Innovation Officer Wudi Jason Sells Shares
What Happened
Wudi Jason, Jamf's Chief Innovation Officer, had common shares and derivative awards converted into cash in connection with Jamf’s merger (effective per the Merger Agreement). The filing shows three dispositions on 2026-01-30: 373,742 common shares converted at $13.05/share for $4,877,333, 133,900 derivative shares (RSUs) converted at $7.56/share for $1,012,284, and 74,250 derivative shares (options) converted at $4.84/share for $359,370 — total cash shown ≈ $6,248,987. These are dispositions to the issuer (i.e., cancellation/conversion under the merger).
Key Details
- Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (filed on the typical 2-business-day deadline).
- Prices/values: 373,742 shares @ $13.05 = $4,877,333; 133,900 (RSU conversion) @ $7.56 = $1,012,284; 74,250 (option conversion) @ $4.84 = $359,370. Total ≈ $6.25M.
- Shares owned after transaction: not specified in the provided excerpt; common shares were cancelled and converted into cash at the merger effective time (likely no remaining common shares post-merger).
- Footnotes: F1 explains per-share cash-out of $13.05 under the Merger Agreement; F2 notes 231,582 unvested RSUs were converted into "Converted Cash Awards" that will vest/pay later only if the reporting person continues service to the original vesting dates; F3 explains options were cancelled and converted into cash equal to the intrinsic value (Per Share Price minus exercise price), subject to withholding.
- Transaction code: D = Disposition to issuer (merger conversion). Filing timeliness: filed timely.
Context
These were not market sales but merger-related conversions/cancellations. RSU conversions may result in deferred cash payments if the executive remains employed through vesting dates; option conversions paid only the option intrinsic value. This type of transaction is routine in M&A and reflects the merger consideration, not an open-market sale indicating a trading decision.