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Jamf (JAMF) CTO reports $13.05-per-share cash-out in merger

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jamf Holding Corp. reported that CTO Beth Tschida’s common stock was converted to cash in connection with Jamf’s merger into Jawbreaker Parent, Inc. At the merger’s effective time, 475,932 directly held shares and 1,603 shares held indirectly through a child were cancelled in exchange for $13.05 per share.

The disposed shares include 448,264 unvested restricted stock units that were cancelled and replaced with cash-settled awards based on the same $13.05 price. These replacement cash awards will vest and be paid on the same schedule as the original RSUs, subject to her continued service.

Positive

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Negative

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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
X
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*
TSCHIDA BETH

(Last) (First) (Middle)
C/O JAMF HOLDING CORP.
100 WASHINGTON AVE. S. SUITE 900

(Street)
MINNEAPOLIS MN 55401

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Jamf Holding Corp. [ JAMF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CTO
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/30/2026 D(1)(2) 475,932 D $13.05 0 D
Common Stock 01/30/2026 D(1) 1,603 D $13.05 0 I By Child
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Pursuant to the Agreement and Plan of Merger, dated as of October 28, 2025 (the "Merger Agreement"), by and among the Issuer, Jawbreaker Parent, Inc. ("Parent") and Jawbreaker Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.001 per share ("Common Stock"), owned by the reporting person immediately prior to the Effective Time was automatically cancelled, extinguished and converted into the right to receive $13.05 per share in cash, without interest thereon (the "Per Share Price").
2. The shares of Common Stock reported as disposed by the reporting person include 448,264 unvested restricted stock units ("Company RSUs") which, pursuant to the Merger Agreement, were, at or immediately prior to the Effective Time, cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (i) the Per Share Price and (ii) the total number of shares of Common Stock subject to such Company RSUs as of immediately prior to the Effective Time (the "Converted Cash Awards"). The Converted Cash Awards will, subject to the reporting person's continued service through the applicable vesting dates, vest and be payable at the time when the Company RSUs for which the Converted Cash Awards were exchanged would have vested pursuant to the terms thereof.
/s/ Jeff Lendino, as attorney-in-fact for Beth Tschida 02/03/2026
** 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.

FAQ

What did Jamf (JAMF) CTO Beth Tschida report in this Form 4?

Beth Tschida reported that all her Jamf common shares were cancelled in a merger and converted into cash at $13.05 per share. This included both directly held shares and shares held indirectly through a child account, leaving no Jamf common stock reported afterward.

How many Jamf (JAMF) shares did Beth Tschida dispose of and at what price?

She reported disposing of 475,932 Jamf common shares held directly and 1,603 shares held indirectly through a child. Each share was converted into the right to receive $13.05 in cash under the merger terms, replacing her equity position with cash consideration.

Why were Beth Tschida’s Jamf (JAMF) shares cancelled?

The cancellation occurred because Jamf merged with Jawbreaker Parent, Inc., becoming a wholly owned subsidiary. At the merger’s effective time, each outstanding Jamf common share was automatically cancelled and converted into the right to receive $13.05 in cash, without interest, for each share.

What happened to Beth Tschida’s unvested Jamf (JAMF) RSUs in the merger?

Her 448,264 unvested restricted stock units were cancelled and converted into cash-based awards. Each award equals $13.05 multiplied by the number of underlying shares. These new cash awards will vest and be paid on the same schedule as the original RSUs, contingent on continued service.

Does Beth Tschida still hold any Jamf (JAMF) common stock after this transaction?

According to the filing, she reported zero Jamf common shares owned directly after the merger transactions. Indirect ownership through a child account also shows zero shares remaining, indicating that all previously reported equity holdings were converted into cash consideration at $13.05 per share.

How is the Jamf (JAMF) merger consideration structured for common shareholders?

Each issued and outstanding Jamf common share was cancelled and converted into the right to receive $13.05 in cash, without interest. Unvested restricted stock units similarly converted into cash-settled awards based on $13.05 per underlying share, maintaining their original vesting schedules subject to service conditions.
Jamf Holding Corp.

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