Issuer (NASDAQ: FROG) insider plans 45,000-share sale under Rule 144
Rhea-AI Filing Summary
A shareholder filed a notice under Rule 144 to sell 45,000 shares of common stock through Morgan Stanley Smith Barney LLC on or about 01/16/2026 on the NASDAQ. The aggregate market value of the planned sale is listed as $2,610,450, and the issuer had 118,312,834 shares outstanding when reported. The shares to be sold were acquired on 11/16/2013 as founders shares from the issuer.
The notice also details recent Rule 10b5-1 sales for Yoav Landman over the prior three months. These include common stock sales on 12/12/2025 (45,000 shares, $3,095,833.50), 12/10/2025 (70,000 shares, $4,845,708.00), 12/05/2025 (50,000 shares, $3,249,185.00), and 12/01/2025 (40,000 shares, $2,403,092.00).
Positive
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FAQ
How many FROG shares are planned for sale in this Form 144?
The notice covers a planned sale of 45,000 shares of common stock with an aggregate market value of $2,610,450, to be sold on or about 01/16/2026 on the NASDAQ.
When and how were the FROG shares in this Form 144 originally acquired?
The 45,000 common shares to be sold were acquired on 11/16/2013 as founders shares from the issuer, with the table indicating the nature of payment as N/A.
What were the recent 10b5-1 sales related to FROG mentioned in the filing?
The filing lists Rule 10b5-1 sales for Yoav Landman: 45,000 shares on 12/12/2025 for $3,095,833.50, 70,000 shares on 12/10/2025 for $4,845,708.00, 50,000 shares on 12/05/2025 for $3,249,185.00, and 40,000 shares on 12/01/2025 for $2,403,092.00.
What is the trading venue and broker for the planned FROG share sale?
The planned sale of 45,000 common shares is to be executed on the NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
How many FROG shares were outstanding according to this Form 144?
The securities information table shows 118,312,834 shares of the issuer's common stock outstanding at the time of the notice.
Does the Form 144 mention reliance on Rule 10b5-1 for FROG share sales?
Yes. The section on securities sold during the past three months describes the transactions as 10b5-1 Sales for Yoav Landman, and the signature section references reliance on Rule 10b5-1 trading plans or instructions.