JFrog (FROG) CEO sells 43,056 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JFrog Ltd chief executive officer Shlomi Ben Haim reported a disposition of 43,056 Ordinary Shares on June 2, 2026 at an average price of $86.54 per share. According to the footnote, these shares were sold solely to cover statutory tax withholding obligations arising from the vesting of Restricted Stock Units and are described as not a discretionary sale by the reporting person.
Following this tax-related transaction, Ben Haim directly holds 4,751,308 Ordinary Shares. The filing therefore reflects a routine tax withholding event connected to equity compensation rather than an open-market change in his investment stance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 43,056 shares ($3,726,066)
Net Sell
1 txn
Insider
Shlomi Ben Haim
Role
CHIEF EXECUTIVE OFFICER
Sold
43,056 shs ($3.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 43,056 | $86.54 | $3.73M |
Holdings After Transaction:
Ordinary Shares — 4,751,308 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 43,056 shares
Sale price per share: $86.54 per share
Shares held after transaction: 4,751,308 shares
3 metrics
Shares sold
43,056 shares
Disposition on June 2, 2026 to cover tax withholding
Sale price per share
$86.54 per share
Average price for Ordinary Shares sold on June 2, 2026
Shares held after transaction
4,751,308 shares
Direct holdings of Shlomi Ben Haim following the tax-related sale
Key Terms
Restricted Stock Units (RSUs), statutory tax withholding obligations, Ordinary Shares, open-market sale
4 terms
Restricted Stock Units (RSUs) financial
"in connection with the vesting of Restricted Stock Units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
statutory tax withholding obligations financial
"sold to cover the statutory tax withholding obligations in connection"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did JFrog (FROG) CEO Shlomi Ben Haim report in this Form 4?
He reported the disposition of 43,056 JFrog Ordinary Shares at $86.54 per share. The shares were automatically sold to satisfy statutory tax withholding obligations tied to vesting RSUs and are not described as a discretionary sale.
What type of security is involved in this JFrog (FROG) insider filing?
The transaction involves JFrog Ordinary Shares linked to the vesting of Restricted Stock Units (RSUs). RSUs are stock-based compensation that convert into shares upon vesting, often triggering tax obligations settled by selling a portion of the vested shares.