JFrog (FROG) CEO sells 93k shares under Rule 10b5-1 trading plan
Rhea-AI Filing Summary
JFrog Ltd chief executive officer Shlomi Ben Haim reported open-market sales of a total of 93,072 Ordinary Shares on June 8, 2026. The shares were sold in three transactions at weighted average prices of $83.55, $84.67, and $85.35 per share. These sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026, indicating they were scheduled in advance. Following the transactions, he continued to directly hold more than 4.6 million Ordinary Shares.
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Insights
CEO’s pre-planned sales reduce stake modestly but remain large.
JFrog’s CEO, Shlomi Ben Haim, executed three open-market sales totaling 93,072 Ordinary Shares on June 8, 2026. Sale prices ranged from about $83.55 to $85.35 per share, according to reported weighted averages.
The filing states these sales were effected under a Rule 10b5-1 trading plan adopted on February 19, 2026. Such plans are set up in advance, so the timing of trades is typically less informative about management’s short-term view of the stock.
After the transactions, Ben Haim still directly owns more than 4.6 million Ordinary Shares, based on the share balances reported with the individual trades. This suggests the sales represent only a small portion of his overall disclosed holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 23,131 | $83.55 | $1.93M |
| Sale | Ordinary Shares | 41,518 | $84.67 | $3.52M |
| Sale | Ordinary Shares | 28,423 | $85.35 | $2.43M |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 19, 2026. This transaction was executed in multiple trades at prices ranging from $83.06 to $84.01. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction was executed in multiple trades at prices ranging from $84.06 to $85.04. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction was executed in multiple trades at prices ranging from $85.07 to $85.90. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.