Notman Tali 4
Research Summary
AI-generated summary
JFrog (FROG) Chief Revenue Officer Tali Notman Sells 22,854 Shares
What Happened
- Tali Notman, Chief Revenue Officer of JFrog Ltd (FROG), reported a sale of 22,854 shares on 2026-06-02. The shares were disposed at $86.54 each, generating proceeds of approximately $1,977,785. This transaction is a sale (S) and was reported on a Form 4 filed 2026-06-04.
Key Details
- Transaction date and price: 2026-06-02 at $86.54 per share.
- Shares sold / proceeds: 22,854 shares for about $1,977,785.
- Shares owned after transaction: Not disclosed on the provided filing summary.
- Transaction code and footnote: Sale (S). Footnote F1 states the shares were sold to cover statutory tax withholding obligations tied to RSU vesting and do not represent a discretionary sale by the reporting person.
- Filing timeliness: Reported on 2026-06-04 for a 2026-06-02 transaction — appears timely (Form 4s are generally due within two business days).
Context
- The sale was a tax-withholding sell-to-cover related to RSU vesting, a common administrative transaction that typically does not signal insider sentiment. Purchases or additional discretionary sales tend to carry more informational weight for investors.