Maillet-Mezeray Antoine 4

What Happened

• Antoine Maillet‑Mezeray, EVP Finance & Operations and a director at Jumia Technologies AG, reported a sale of 20,000 ADS on 2026-05-18 at $7.09 per ADS, generating $141,800 in proceeds. The filing lists the transaction as an open‑market or private sale (code S).
• Note: Each ADS represents 2 ordinary shares (Footnote F1), so the sale is equivalent to 40,000 ordinary shares.

Key Details

• Transaction date and price: 2026-05-18 at $7.09 per ADS.
• Quantity and value: 20,000 ADS sold; proceeds $141,800.
• ADS to ordinary share conversion: 20,000 ADS = 40,000 ordinary shares (per F1).
• Filing date/timeliness: Form 4 filed 2026-05-20 (two days after the transaction) — appears to be timely under Form 4 rules.
• Shares owned after transaction: Not specified in the provided filing details.
• Other notes: No 10b5‑1 plan, tax‑withholding, or additional footnotes were provided beyond F1 in the summary data.

Context

• This was a sale (S) rather than a purchase; sales by insiders are common and can be for many personal reasons. Such transactions are factual signals of disposition, not proof of company outlook. Purchases by insiders tend to attract more attention as potential positive signals.