ZWARENSTEIN BARRY 4

What Happened
Barry Zwarenstein, a director of JFrog Ltd (FROG), sold a total of 1,250 shares in two transactions on May 1, 2026. He sold 1,100 shares at $49.00 each for $53,900 and 150 shares at $49.00 each for $7,350, for combined proceeds of $61,250. These were outright sales (transaction code S), not purchases or option exercises.

Key Details

• Transaction date: May 1, 2026. Report filed on Form 4 on May 5, 2026 (timely; within the two-business-day reporting window).
• Prices and amounts: 1,100 shares @ $49.00 ($53,900) and 150 shares @ $49.00 ($7,350); total proceeds $61,250.
• Transaction type: Sale (open-market or private sale indicated).
• Shares owned after transaction: Not specified in the information provided in this summary/form.
• Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
• Filing accession: 0001227348-26-000005 (Form 4 filed May 5, 2026).

Context
A Rule 10b5-1 plan indicates these sales were executed under a pre-arranged trading plan, which can allow insiders to sell shares on a set schedule and reduces the likelihood the trades reflect current inside information. Sales are common and do not necessarily signal a change in the insider’s view of the company; purchases tend to be more informative about insider sentiment.