Wassenaar Yvonne 4
Research Summary
AI-generated summary
JFrog Director Yvonne Wassenaar Sells 1,368 Shares
What Happened
- Yvonne Wassenaar, a director of JFrog Ltd (FROG), sold 1,368 shares in an open-market transaction on 2026-05-22 at $72.40 per share for proceeds of $99,043. The Form 4 also reports a grant of 4,427 restricted stock units (RSUs) on 2026-05-21 (acquired at $0.00 as an award).
Key Details
- Transactions and prices: RSU award 4,427 RSUs on 2026-05-21 (value reported $0); sale of 1,368 shares on 2026-05-22 at $72.40 each (total $99,043).
- Shares owned after transaction: Not specified in the provided Form 4 details.
- Footnotes: RSUs vest in four equal installments (25%) on Aug 21, 2026; Nov 21, 2026; Feb 21, 2027; and May 21, 2027, subject to continued service (F1). The sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025 (F2).
- Filing timeliness: Form filed 2026-05-22 for transactions dated 2026-05-21; this appears to be timely under the Form 4 reporting window.
Context
- The award (A) is a grant of RSUs that vest over time; the sale (S) was executed under a pre-established 10b5-1 plan, which generally indicates a pre-planned disposition rather than an ad-hoc decision. Purchases typically signal more direct insider bullishness; routine sales under 10b5-1 plans are common and not, by themselves, a clear indicator of sentiment.