Fisher Adam Ralph 4

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.