Shlomi Ben Haim 4

What Happened

• Shlomi Ben Haim, CEO of JFrog Ltd. (FROG), received an award of 145,560 performance-based restricted share units (PSUs) on February 10, 2026. The grant price is listed as $0.00, so no cash was exchanged at grant; the reported transaction value is $0.
• This is an award (grant) rather than a purchase or sale. The PSUs are contingent rights that convert to ordinary shares only if vesting conditions are met.

Key Details

• Transaction date: 2026-02-10; Form filed: 2026-02-12 (timely filing).
• Grant: 145,560 PSUs; reported price: $0.00; reported transaction value: $0.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote summary: PSUs are performance-based and each represents the right to one ordinary share upon vesting. The Board certified the PSUs became eligible to vest based on the issuer achieving 2025 total shareholder return (TSR) greater than the median of its 2025 compensation peer group.
• Vesting schedule: 25% of the PSUs vest on March 1, 2026, then the remainder vests quarterly over the following 12 quarters, subject to continued service on each vesting date.
• No 10b5-1 plan, tax-withholding sale, or late filing indicated in the information provided.

Context

• PSUs are conditional awards: they do not represent immediate share ownership and only convert to shares if performance and service conditions are met. This is a common form of long-term, performance-aligned compensation for executives and does not indicate an immediate cash inflow or open-market trading.