What share-based award did JFrog (FROG) grant to director Elisa Steele?

JFrog granted Elisa Steele 4,427 restricted stock units at a stated price of $0.0000 per share. This award is a non-cash equity grant that increased her direct holdings to 24,988 shares immediately following the grant before the subsequent open-market sale.

Was Elisa Steele’s JFrog (FROG) share sale under a Rule 10b5-1 plan?

Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted on September 5, 2025. Such pre-arranged plans schedule trades in advance, providing structure and helping separate trading timing from day-to-day discretionary decisions.

JFrog director logs RSU grant and small share sale

JFrog Ltd director Elisa Steele reported a mix of share grant and sale activity in Ordinary Shares.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

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.

Insider Trade Summary 10b5-1

Net Seller: 684 shares

Net Sell 2 txns

Insider Steele Elisa

Role Director

Sold 684 shs ($50K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	684	$72.40	$50K
Grant/Award	Ordinary Shares	4,427	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 24,304 shares (Direct)

Footnotes (2)

F1. 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.
F2. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many JFrog (FROG) shares did Elisa Steele sell and at what price?

She sold 684 JFrog Ordinary Shares at a price of $72.40 per share. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan, and her direct ownership after the sale was 24,304 Ordinary Shares.

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.

How many JFrog (FROG) shares does Elisa Steele own after these transactions?

Following the reported grant and sale, Elisa Steele directly owns 24,304 JFrog Ordinary Shares. This figure reflects the 4,427 restricted stock units granted, which increased her holdings, and the subsequent sale of 684 shares disclosed in the Form 4 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/22/2026 - 04:15 PM

SEC Form 4

FORM 4

UNITED 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^*

Steele Elisa

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	05/21/2026		A		4,427⁽¹⁾	A	$0	24,988	D
Ordinary Shares	05/22/2026		S⁽²⁾		684	D	$72.4	24,304	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. 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.

	/s/ Shanti Ariker pursuant to power of attorney	05/22/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR