DURAND ANDRE WONG 4
Research Summary
AI-generated summary
Jamf (JAMF) Director Durand Andre Wong Sells 126,521 Shares
What Happened
Durand Andre Wong, a director of Jamf Holding Corp. (JAMF), had 126,521 shares disposed to the issuer on Jan 30, 2026, in connection with a merger. The shares were converted into cash at $13.05 per share, producing approximately $1,651,099. This disposition included 14,191 restricted stock units (RSUs) that were treated as vested and cash-settled at the same per-share price.
Key Details
- Transaction date: 2026-01-30; reported on Form 4 filed 2026-02-03.
- Price per share: $13.05; total proceeds ≈ $1,651,099.
- Shares disposed: 126,521 (includes 14,191 RSUs that were cash-settled).
- Transaction type/code: Disposition to issuer (D) — cash-out under the merger agreement.
- Footnote highlights: Under the Merger Agreement (Oct 28, 2025), each Jamf common share was cancelled and converted into the right to receive $13.05 in cash; the listed RSUs were fully vested and similarly converted.
- Filing timeliness: Form filed Feb 3, 2026; the filing does not indicate a tardy flag in the provided details.
Context
This was not an open-market sale but a cash-out as part of a merger (Merger Sub merged into Jamf, with Jamf surviving as a wholly owned subsidiary and shares cancelled). Such transactions reflect deal consideration rather than a voluntary market-based sale by the insider and therefore are generally routine outcomes of corporate transactions rather than direct signals of personal trading sentiment.