JFrog (FROG) CEO sells 51,237 shares under pre-set 10b5-1 trading plan
Rhea-AI Filing Summary
JFrog Ltd chief executive officer Shlomi Ben Haim reported an open-market sale of 51,237 Ordinary Shares of JFrog on May 29, 2026 at a weighted average price of $75.02 per share. After this transaction, he directly holds 4,794,364 Ordinary Shares.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 3, 2025, indicating it was scheduled in advance rather than timed discretionarily. The trade was executed in multiple lots between $75.00 and $75.20 per share.
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Insights
CEO executes pre-planned sale while retaining large shareholding.
JFrog CEO Shlomi Ben Haim completed an open-market sale of 51,237 Ordinary Shares at a weighted average of $75.02 per share. The filing shows this as a straightforward sale of common equity, with no associated option exercises or derivative conversions.
The transaction was made under a Rule 10b5-1 trading plan adopted on March 3, 2025, which typically means trades are scheduled in advance and executed automatically. Such plans are intended to reduce concerns about insiders timing sales around undisclosed information.
Following the sale, Ben Haim still directly owns 4,794,364 Ordinary Shares, indicating he maintains a substantial equity position. The filing does not reference additional derivative holdings, suggesting this event is a routine portfolio and liquidity move rather than a structural change in his exposure.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 51,237 | $75.02 | $3.84M |
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 March 3, 2025. This transaction was executed in multiple trades at prices ranging from $75.00 to $75.20. 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.