Fisher Adam Ralph 4
4 · Fiverr International Ltd. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Fiverr (FVRR) Director Adam Ralph Fisher Sells Shares
What Happened
- Adam Ralph Fisher, a director of Fiverr International Ltd., filed a Form 4 reporting sales of Fiverr Class A common stock by Bessemer Venture Partners-affiliated funds in multi-day open-market transactions.
- The Bessemer funds sold a combined 159,211 shares: 64,898 shares on June 8 (weighted avg $10.34, range $10.00–$10.47) and 94,313 shares on June 9 (weighted avg $10.36, range $10.12–$10.52). Combined proceeds are roughly $1.65 million. The Form 4 shows 0 shares disposed directly by Fisher; the sales were executed by the Bessemer funds noted in the footnotes.
Key Details
- Transaction dates: June 8, 2026 and June 9, 2026.
- Prices: June 8 weighted avg $10.34 (range $10.00–$10.47); June 9 weighted avg $10.36 (range $10.12–$10.52).
- Shares sold: 64,898 (June 8) + 94,313 (June 9) = 159,211 total.
- Shares reported directly by Fisher on the Form 4: 0 disposed (the sales are attributed to Bessemer funds in footnotes).
- Footnotes: F1 and F2 list the per-fund share counts and price ranges; the reporting person offers to provide a detailed breakdown by price upon request. F3 states Fisher is a partner at Bessemer Venture Partners and disclaims direct beneficial ownership of the fund-held securities except to the extent of any pecuniary interest.
- Filing timeliness: Form filed June 10, 2026 (covers June 8–9 transactions) — appears timely under standard Form 4 reporting rules.
Context
- These transactions were by institutional Bessemer funds, not direct personal sales by Fisher. The filing clarifies he has an indirect, passive economic interest through his partnership role and disclaims beneficial ownership of the sold shares.
- For retail investors: institutional or fund sales by an advisor/partner are different from executive insider selling; they may reflect fund liquidity needs rather than the director’s personal view of the company.
Insider Transaction Report
Form 4
Fisher Adam Ralph
Director
Transactions
- Sale
Ordinary Shares
[F1][F3]2026-06-08−0→ 0 total(indirect: See footnote) - Sale
Ordinary Shares
[F2][F3]2026-06-09−0→ 0 total(indirect: See footnote)
Holdings
- 65,704
Ordinary Shares
Footnotes (3)
- [F1]On June 8, 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 9,086, 20,767 and 35,045 shares of Class A Common Stock of the Issuer, respectively, at a weighted average price of $10.34. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.47. 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 9, 2026, BVP VII Inst, BVP VII and BVP VII SOF sold 13,204, 30,179 and 50,930 shares of Class A Common Stock of the Issuer, respectively, at a weighted average price of $10.36. These shares were sold in multiple transactions at prices ranging from $10.12 to $10.52. 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|2026-06-10