Notman Tali 4

What Happened

• Tali Notman, Chief Revenue Officer of JFrog Ltd (FROG), received equity awards on February 10, 2026 totaling 178,226 restricted stock units (RSUs/PSUs). The filing shows two awards: 34,934 performance-based restricted share units (PSUs) and 143,292 time-based RSUs. Both grants are reported at $0.00 per share (common for RSU/PSU awards), so no cash was exchanged.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely within typical 2-business-day requirement).
• Grants: 34,934 PSUs and 143,292 RSUs, total 178,226 units; reported acquisition amount $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote highlights:
  • PSUs (34,934): Performance condition met by board certification for 2025 total shareholder return (TSR) > median of peer group. 25% of these PSUs vest March 1, 2026; remaining PSUs vest quarterly over the next 12 quarters, subject to continued service.
  • RSUs (143,292): Vest in 20 equal quarterly installments beginning June 1, 2026, subject to continued service through each vesting date.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context

• These are compensation awards, not open-market purchases or sales, so they reflect grant-based pay rather than an immediate bullish or bearish trading signal. PSUs are contingent on achievement of performance metrics (TSR) and RSUs vest based on continued employment; neither represents an immediate transfer of tradable shares until vested.