Insider linked to FROG (FROG) files to sell 67,500 shares under Rule 144
Rhea-AI Filing Summary
An affiliate of FROG has filed a notice to sell 67,500 common shares under Rule 144 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $3,509,662.50 on the NASDAQ. Shares outstanding are listed as 118,312,834, which is a baseline ownership figure.
The shares to be sold were acquired on 11/16/2013 as founder shares from the issuer. The filing also notes prior Rule 10b5-1 sales for Frederic Simon over the past three months, totaling multiple common-share transactions with multi-million-dollar gross proceeds.
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