JFrog (FROG) Director Vitus Andrew L. Transfers 4,989 Shares
$FROG · JFrog LtdResearch Summary
AI-generated summary of this SEC filing
JFrog (FROG) Director Vitus Andrew L. Transfers 4,989 Shares
What Happened
Vitus Andrew L., a director of JFrog Ltd (FROG), reported a non‑cash transfer on 2026-09-10 involving 4,989 shares. The Form 4 shows two matching "other acquisition or disposition" (code J) entries: one disposition of 4,989 shares at $0.00 and one acquisition of 4,989 shares at $0.00. No cash proceeds were reported — this was a re‑titling/transfer, not an open‑market sale or purchase.
Key Details
- Transaction date: 2026-09-10 (reported on the Form 4 filed 2026-09-14). Filing appears to be within the standard two business‑day window.
- Price: $0.00 per share for both the disposition and acquisition (no proceeds).
- Shares affected: 4,989 shares transferred.
- Shares owned after transaction: not specified in the provided excerpts of the filing.
- Footnotes: F1 — transfer of shares for no consideration to Scale Management LLC, of which the reporting person serves as manager. F2 — the shares are held of record by Scale Management LLC; the reporting person disclaims beneficial ownership except for any pecuniary interest.
- Transaction code: J = Other acquisition or disposition (used here to record a transfer between accounts/entities).
Context
This filing documents an internal transfer of record ownership to an entity the director manages (Scale Management LLC). Such transfers for no consideration are administrative/ownership‑structure changes and do not necessarily signal a buy or sell decision in the market. Retail investors should note this is distinct from an open‑market sale or purchase and does not indicate cash was raised or spent.