Kaufman Micha 4

What Happened

• Micha Kaufman, CEO of Fiverr International Ltd. (FVRR), exercised 66,400 stock options (reported as an acquisition at $5.55 per share, total $368,520) on April 29, 2026, and the filing also shows dispositions of 66,400 shares. On the same date he sold 66,000 shares in the open market at a weighted-average $12.24 ($807,840) and 400 shares at a weighted-average $13.11 ($5,244), for combined gross proceeds of about $813,084. A separate derivative disposition of 66,400 shares is reported at $0.00 (see footnotes).

Key Details

• Transaction date: April 29, 2026; Form 4 filed May 1, 2026 (timely).
• Exercise: 66,400 options exercised at $5.55/share = $368,520.
• Open-market sales: 66,000 shares @ $12.24 (weighted avg; range $12.00–$12.96) and 400 shares @ $13.11 (weighted avg; range $13.05–$13.16); total proceeds ≈ $813,084.
• A derivative disposition of 66,400 shares is also reported at $0.00 in the filing.
• Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Dec 10, 2025 (footnote F1).
• Options fully vested on Jan 1, 2022 (footnote F4).
• Shares owned after the transactions are not specified in the excerpt provided.

Context

• The filing shows an option exercise paired with same-day market sales totaling the exercised amount, and it records a $0.00 derivative disposition; filings like this can reflect exercises combined with immediate sales or share-surrender mechanics (e.g., to cover exercise cost/taxes), but the filing itself does not state the specific settlement mechanics. The open-market sales were executed under a pre-established 10b5-1 plan and in multiple trades (see footnotes for price ranges).