STOCK TITAN

JFrog (FROG) CRO sells shares to cover RSU tax obligations

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

JFrog Ltd’s chief revenue officer, Tali Notman, reported a share disposition tied to RSU taxes. On this Form 4, Notman is shown selling 22,854 Ordinary Shares at $86.54 per share. A footnote explains the shares were sold to cover statutory tax withholding obligations upon the vesting of Restricted Stock Units.

After this tax-related sale, Notman holds 728,644 Ordinary Shares directly. Because the transaction was executed to satisfy tax requirements rather than as a discretionary trade, it carries limited signaling value about her outlook on JFrog’s stock.

Positive

  • None.

Negative

  • None.
Insider Notman Tali
Role CHIEF REVENUE OFFICER
Sold 22,854 shs ($1.98M)
Type Security Shares Price Value
Sale Ordinary Shares 22,854 $86.54 $1.98M
Holdings After Transaction: Ordinary Shares — 728,644 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 22,854 shares Ordinary Shares sold on 2026-06-02
Sale price $86.54 per share Price for 22,854 Ordinary Shares
Shares held after transaction 728,644 shares Direct holdings following tax-related sale
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"
Ordinary Shares financial
"security_title": "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Notman Tali

(Last)(First)(Middle)
C/O JFROG LTD.
270 E. CARIBBEAN DRIVE

(Street)
SUNNYVALE CALIFORNIA 94089

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
JFrog Ltd [ FROG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF REVENUE OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/02/2026S22,854(1)D$86.54728,644D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs) and does not represent a discretionary sale by the Reporting Person.
/s/ Shanti Ariker pursuant to power of attorney06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did JFrog (FROG) disclose for Tali Notman?

JFrog’s chief revenue officer, Tali Notman, sold 22,854 Ordinary Shares. The shares were sold at $86.54 each to cover statutory tax withholding obligations triggered by vesting Restricted Stock Units, rather than as a discretionary open-market trade for investment purposes.

How many JFrog (FROG) shares did Tali Notman sell and at what price?

Tali Notman sold 22,854 JFrog Ordinary Shares at $86.54 per share. According to the Form 4, this sale was specifically to satisfy statutory tax withholding obligations arising from RSU vesting, not a voluntary portfolio adjustment or discretionary market sale.

Why were Tali Notman’s JFrog (FROG) shares sold according to the Form 4?

The shares were sold to cover statutory tax withholding obligations related to the vesting of Restricted Stock Units. The footnote clarifies that the 22,854-share sale does not represent a discretionary decision by Tali Notman to sell JFrog shares for investment reasons.

How many JFrog (FROG) shares does Tali Notman hold after the reported sale?

Following the tax-related sale, Tali Notman directly holds 728,644 JFrog Ordinary Shares. This remaining position, reported in the Form 4, shows that the 22,854 shares sold for RSU tax withholding represent only a small portion of her total holdings.

Does Tali Notman’s JFrog (FROG) transaction indicate a bearish insider signal?

The transaction is framed as a tax withholding event, not a discretionary sale. The footnote specifies shares were sold solely to meet statutory tax obligations upon RSU vesting, so it provides limited insight into Tali Notman’s personal view on JFrog’s future performance.