Shlomi Ben Haim Disposes 15k FROG Shares; Sale Covered by 10b5-1 Plan
Rhea-AI Filing Summary
Shlomi Ben Haim, JFrog Ltd.'s Chief Executive Officer and a director, sold 15,000 ordinary shares on 08/07/2025 at a weighted average price of $41.65. The filing states the sale was executed in multiple trades with prices ranging from $41.26 to $42.25, and the reported price is the weighted average sale price.
The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2025. After the reported transaction, the reporting person beneficially owned 4,966,412 shares. The Form 4 discloses the transaction code as S and notes the filer will provide details of individual trade prices upon request.
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Insights
TL;DR: CEO sold 15,000 shares under a 10b5-1 plan; size is small relative to ~4.97M holdings, so limited market impact.
The Form 4 reports a disposition of 15,000 shares at a weighted average price of $41.65, executed on 08/07/2025. The sale was made pursuant to a Rule 10b5-1 plan adopted on March 3, 2025, and the reporting person still beneficially owns 4,966,412 shares after the trade. From a financial-analyst perspective, the absolute number sold represents a small fraction of the reported post-transaction holdings, suggesting the trade is routine rather than a material shift in insider ownership.
TL;DR: Transaction complies with a documented 10b5-1 plan, which provides an affirmative defense and reduces questions about opportunistic trading.
The Form 4 explicitly states the disposition was executed under a Rule 10b5-1 trading plan adopted on March 3, 2025. The filing also discloses the trade was split across multiple executions with a disclosed weighted average price of $41.65. As reported, the sale follows the documented plan and the filer offers to provide per-trade pricing details upon request, which supports governance transparency in this disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 15,000 | $41.65 | $625K |
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2025.
- F2. This transaction was executed in multiple trades at prices ranging from $41.26 to $42.25. 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.
FAQ
At what price did the JFrog (FROG) insider sale occur?
Was the sale by the JFrog (FROG) CEO part of a 10b5-1 plan?
Will more details on the individual trade prices be available?
AI-generated analysis. How Rhea-AI works. Not financial advice.