Fisher Adam Ralph 4/A
4/A · Fiverr International Ltd. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Fiverr (FVRR) Director Adam Fisher Sells Shares
What Happened
- Adam Ralph Fisher, identified as a director and a partner at Bessemer Venture Partners, is linked to sales of Class A common stock of Fiverr (FVRR) carried out by Bessemer-affiliated funds. The Bessemer funds sold a combined ~80,486 shares across June 2 and June 3, 2026, for aggregate proceeds of roughly $836,000.
- On June 2 the Bessemer funds sold 37,596 shares at a weighted average price of $10.72 (prices ranged $10.59–$11.28). On June 3 they sold 42,890 shares at a weighted average price of $10.10 (prices ranged $10.00–$10.19). The filing is an amended Form 4 and shows the reporting person disclaiming direct beneficial ownership of the shares sold.
Key Details
- Transaction type: Sales (S) by Bessemer funds (reported in Fisher’s Form 4 as related to his indirect interest).
- Dates and prices:
- June 2, 2026 — 37,596 shares, weighted avg $10.72 (range $10.59–$11.28).
- June 3, 2026 — 42,890 shares, weighted avg $10.10 (range $10.00–$10.19).
- Approximate total proceeds: ≈ $836,000 across both dates.
- Shares owned after transaction: The filing does not claim Fisher’s direct beneficial ownership of these shares; he disclaims beneficial ownership except for any pecuniary interest via his limited partnership interests.
- Notable footnotes: The sales were made by Bessemer Venture Partners VII Institutional L.P., BVP VII L.P., and BVP VII Special Opportunity Fund L.P.; the filer offers to provide per-price breakdowns on request (footnotes F1–F2). Footnote F3 explains Fisher’s indirect, passive economic interest and disclaims beneficial ownership.
- Timeliness/filing status: This is an amended filing (Accession 0001193125-26-262537) and is marked late (transactionTimeliness = 'L') relative to the transaction dates.
Context
- These are institutional fund sales, not direct executive stock sales. Fisher is a partner at Bessemer and reports an indirect, passive economic interest in the funds that sold the shares; the report explicitly disclaims that he is the beneficial owner of the sold securities except to the extent of any pecuniary interest.
- For retail investors, institutional sales can reflect liquidity events by venture investors rather than personal insider sentiment. The filing is factual and does not state Fisher’s personal decision to sell.
Insider Transaction Report
Form 4/AAmended
Fisher Adam Ralph
Director
Transactions
- Sale
Ordinary Shares
[F1][F3]2026-06-02−0→ 0 total(indirect: See footnote) - Sale
Ordinary Shares
[F2][F3]2026-06-03−0→ 0 total(indirect: See footnote)
Holdings
- 65,704
Ordinary Shares
Footnotes (3)
- [F1]On June 2, 2026, Bessemer Venture Partners VII Institutional L.P. ("BVP VII Inst"), Bessemer Venture Partners VII L.P. ("BVP VII"), and BVP VII Special Opportunity Fund L.P. ("BVP VII SOF") (together with BVP VII Inst and BVP VIII, the "Bessemer Funds") sold 5,264, 12,030 and 20,302 shares of Class A Common Stock of the Issuer, respectively, at a weighted average price of $10.72. These shares were sold in multiple transactions at prices ranging from $10.59 to $11.28. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]On June 3, 2026, BVP VII Inst, BVP VII and BVP VII SOF sold 6,005, 13,724 and 23,161 shares of Class A Common Stock of the Issuer, respectively, at a weighted average price of $10.10. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.19. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The Reporting Person is a partner at Bessemer Venture Partners and has an indirect, passive economic interest in the shares held by the Bessemer Funds by virtue of his interest in (1) Deer VII & Co. L.P., the general partner of the Bessemer Funds and (2) certain other indirect limited partnership interests in certain of the Bessemer Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Bessemer Funds, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect interest in the Bessemer Funds. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
Signature
/s/ Augie Wilkinson, Attorney-in-Fact|2026-06-08