Shlomi Ben Haim 4
Research Summary
AI-generated summary
JFrog (FROG) CEO Shlomi Ben Haim Sells 25,363 Shares
What Happened Shlomi Ben Haim, CEO of JFrog Ltd (FROG), reported two sales on March 6, 2026 totaling 25,363 shares for aggregate proceeds of approximately $1,052,661. The filing lists: 10,794 shares sold at an average price of $41.05 for $443,094, and 14,569 shares sold at an average price of $41.84 for $609,567. Both transactions are reported as sales (S) and were effected under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (within the typical 2-business-day SEC filing window).
- Reported amounts/prices: 10,794 @ $41.05 ($443,094) and 14,569 @ $41.84 ($609,567); total ≈ $1,052,661.
- Footnotes: Sales were made pursuant to a 10b5-1 plan adopted March 3, 2025 (F1). The reported prices are weighted averages: the first block executed at prices ranging $40.57–$41.55 (F2) and the second at $41.59–$42.37 (F3); full per-trade detail is available on request to the SEC staff, issuer, or a security holder.
- Shares owned after the transactions: not specified in the information provided in this summary; see the full Form 4 for post-transaction beneficial ownership.
- Transaction code: S = Sale (open market/private sale).
Context These were planned, prearranged sales under a 10b5-1 plan, which typically permit insiders to sell shares according to a preset schedule and are generally considered routine rather than a direct signal of new information. For retail investors, purchases often carry more direct weight as a bullish signal; sales under 10b5-1 plans commonly reflect liquidity or portfolio-management actions.