ZWARENSTEIN BARRY 4

What Happened
Barry Zwarenstein, a director of JFrog Ltd (FROG), sold 1,250 shares on 2026-03-26 at $49.00 per share, generating $61,250 in proceeds. This was a sale (not a purchase), which is often routine insider selling rather than a bullish signal.

Key Details

• Transaction date and price: 2026-03-26 — 1,250 shares sold at $49.00 each.
• Transaction value: $61,250 total.
• Shares owned after transaction: Not disclosed in the information provided in this summary/filing.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Zwarenstein on November 25, 2025 (pre-arranged trading plan).
• Filing timeliness: Form 4 was filed on 2026-03-30, four days after the reported trade (outside the typical two-business-day window for Form 4 filings).

Context
Because the sale was executed under a 10b5-1 plan, it was likely pre-arranged and scheduled in advance, which typically reduces the weight investors should place on the transaction as a signal of the insider’s current view. As a director (not identified here as a 10% owner or officer), this sale should be viewed as routine insider liquidity unless combined with other, material insider activity.