[144] JFrog Ltd. SEC Filing
Rhea-AI Filing Summary
JFrog Ltd. (FROG) filed a Form 144 notifying an intended sale of 36,518 common shares with an aggregate market value of $1,549,242.76. The filing shows approximately 116,741,766 shares outstanding and lists the approximate sale date as 08/14/2025 on NASDAQ. The securities were acquired partly by a private acquisition from the issuer on 05/21/2012 (28,692 shares, paid in cash) and partly via restricted stock vesting on 05/16/2023 (7,826 shares). The Form 144 also discloses actual sales on 08/13/2025 by Yoseph Sela totaling 29,134 shares in two transactions for gross proceeds of $1,235,454.93 ($905,745.55 and $329,709.38 respectively). The filer attests there is no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Rule 144 sale by an insider/affiliate; disclosed acquisition history and recent transactions, appears procedural rather than transformational.
The Form 144 details a proposed sale of 36,518 common shares valued at about $1.55M and reports recent executed sales of 29,134 shares for $1.235M. Acquisitions include a 2012 private issuance and 2023 restricted stock vesting. For investors, this filing documents insider liquidity but contains no operational or financial disclosures about the company itself. The disclosure follows Rule 144 mechanics and includes the seller's representation of no undisclosed material adverse information.
TL;DR: Proper Rule 144 disclosure of insider sales with acquisition provenance; governance-compliance aspect is routine and transparent.
The filing provides required information: number of shares, aggregate market value, acquisition dates and methods, and recent sales by Yoseph Sela. It shows both long-held shares from a 2012 private acquisition and more recent vested restricted stock, indicating mixed sources of the position. The attestation about material information and the inclusion of broker details suggest the transaction is being processed under standard compliance protocols.