JFrog Ltd·4

Jun 3, 4:15 PM ET

Landman Yoav 4

Research Summary

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JFrog CTO & Director Yoav Landman Sells Shares

What Happened
Yoav Landman, JFrog's Chief Technology Officer and a director, sold a total of 100,000 shares in three open‑market transactions on June 1, 2026, for aggregate proceeds of approximately $8,146,952. The reported sales were: 28,363 shares at a weighted-average price of $80.48 ($2,282,654), 44,428 shares at $81.66 ($3,627,990), and 27,209 shares at $82.19 ($2,236,308). These were dispositions (S = sale), which are typically routine liquidations rather than direct indicators of company outlook.

Key Details

  • Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
  • Reported sales (weighted-average prices and totals):
    • 28,363 sh @ $80.48 = $2,282,654 (prices ranged $80.00–$80.98; weighted average reported)
    • 44,428 sh @ $81.66 = $3,627,990 (prices ranged $81.00–$81.99)
    • 27,209 sh @ $82.19 = $2,236,308 (prices ranged $82.01–$82.53)
  • Total: 100,000 shares sold for ~$8.15 million.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Notable footnotes: Sales were executed pursuant to a Rule 10b5-1 trading plan adopted Sept 1, 2025; per-footnotes the reported prices are weighted averages and the filer will provide per-trade details to the SEC or shareholders upon request.

Context
A 10b5-1 plan means the trades were pre‑arranged and automated under a plan adopted before the sales window, which is common for insiders to manage planned sales and reduce claims of trading on material nonpublic information. Sales (dispositions) are generally less informative about insider sentiment than purchases; no purchases, option exercises, gifts, or tax‑withholding transactions are reported in this filing.