Zarmi Sigal 4
Research Summary
AI-generated summary
JFrog (FROG) Director Zarmi Sigal Receives RSU Award
What Happened
- Zarmi Sigal, a director of JFrog Ltd (FROG), received an award of 3,542 restricted stock units (RSUs) on May 21, 2026. The award was reported as acquired at $0 per share (transaction code A — grant/award). This is a compensation grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: May 21, 2026 (filed with the SEC on May 22, 2026).
- Security and amount: 3,542 RSUs granted; reported price $0.00 (i.e., RSU award).
- Shares owned after transaction: not specified in the filing.
- Footnote (vesting): RSUs vest 25% on each of Aug 21, 2026; Nov 21, 2026; Feb 21, 2027; and May 21, 2027, subject to continued service as a "Service Provider" per the 2020 Share Incentive Plan.
- Filing timeliness: Report filed the next day (appears timely; no late filing indicated).
Context
- RSU grants are a standard form of equity compensation for executives and directors. These units convert to shares only as they vest; they are not immediate cash or open‑market purchases. Because vesting is tied to continued service, the award primarily reflects compensation terms rather than an immediate insider market signal.