JFrog (NASDAQ: FROG) director receives RSU grant and sells 684 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JFrog Ltd director Elisa Steele reported a mix of share grant and sale activity in Ordinary Shares. She received 4,427 restricted stock units as a compensation award at a stated price of $0.0000 per share, increasing her direct holdings to 24,988 shares.
The RSUs vest in four equal installments on August 21, 2026, November 21, 2026, February 21, 2027, and May 21, 2027, subject to continued service. On the following day, she executed an open-market sale of 684 Ordinary Shares at $72.40 per share under a pre-arranged Rule 10b5-1 trading plan adopted on September 5, 2025, leaving her with 24,304 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 684 shares ($49,522)
Net Sell
2 txns
Insider
Steele Elisa
Role
null
Sold
684 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 684 | $72.40 | $50K |
| Grant/Award | Ordinary Shares | 4,427 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 24,304 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs"), 25% of which vest on August 21, 2026, November 21, 2026, February 21, 2027, and May 21, 2027, provided the reporting person remains a Service Provider (as defined in the 2020 Share Incentive Plan) through each applicable vesting date in order to receive and vest in the applicable RSUs. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2025.
Key Figures
RSU grant: 4,427 RSUs
RSU grant price: $0.0000 per share
Share sale volume: 684 shares
+4 more
7 metrics
RSU grant
4,427 RSUs
Equity award on May 21, 2026
RSU grant price
$0.0000 per share
Stated grant price for RSUs
Share sale volume
684 shares
Open-market sale on May 22, 2026
Sale price
$72.40 per share
Price for Ordinary Shares sold
Holdings after sale
24,304 shares
Direct ownership following transactions
RSU vesting dates
Aug 21 2026, Nov 21 2026, Feb 21 2027, May 21 2027
Quarterly vesting schedule if service continues
10b5-1 plan adoption
September 5, 2025
Date Rule 10b5-1 trading plan was adopted
Key Terms
restricted stock units ("RSUs"), Rule 10b5-1 trading plan, Service Provider, 2020 Share Incentive Plan, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"), 25% of which vest on August 21, 2026..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Service Provider other
"provided the reporting person remains a Service Provider (as defined in the 2020 Share Incentive Plan)..."
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 transactions did JFrog (FROG) director Elisa Steele report on this Form 4?
Elisa Steele reported receiving 4,427 restricted stock units and selling 684 Ordinary Shares. The grant increased her holdings, while the subsequent open-market sale slightly reduced them, leaving her with 24,304 Ordinary Shares directly owned after the reported transactions.
When do Elisa Steele’s JFrog (FROG) RSUs from this Form 4 vest?
The 4,427 RSUs vest in four equal installments on August 21, 2026, November 21, 2026, February 21, 2027, and May 21, 2027. Vesting requires that she remain a Service Provider under JFrog’s 2020 Share Incentive Plan through each vesting date.