Grabscheid Eduard 4

What Happened
Eduard Grabscheid, Chief Financial Officer of JFrog Ltd (FROG), was awarded a total of 126,101 restricted share units on February 10, 2026. The filing shows two awards: 18,632 performance-based restricted share units (PSUs) and 107,469 time-based restricted stock units (RSUs). Both awards were reported as grants (transaction code A) with an acquisition price of $0.00 (i.e., awards, not purchases or sales).

Key Details

• Transaction date: 2026-02-10; reported on Form 4 filed 2026-02-12 (timely filing).
• Awards: 18,632 PSUs (F1) and 107,469 RSUs (F2); total 126,101 units.
• Reported acquisition price: $0.00 for both awards (typical for RSU/PSU grants).
• Shares owned after the transaction: Not disclosed in the filing.
• Important footnotes:
  • F1 (PSUs): Performance-based; Board certified PSUs eligible to vest because 2025 total shareholder return exceeded peer-median. 25% of these PSUs vest on March 1, 2026, then continue vesting quarterly over the following 12 quarters, subject to continued service.
  • F2 (RSUs): Time-based; vest in 20 equal quarterly installments beginning June 1, 2026, subject to continued service.

Context
PSUs are contingent on achieving performance goals (here, relative TSR vs. a peer group) and convert to ordinary shares only if performance and service conditions are met. RSUs are time-based awards that convert to shares as they vest over the stated schedule. These awards are standard forms of executive compensation and are not open-market purchases or sales, so they do not directly signal buying or selling by the insider.