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20,000 ADS proposed sale by affiliate — Jumia (JMIA) Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

JMIA notice of proposed sale: a reporting person submitted a Form 144 to sell 20,000 American Depositary Shares, each representing 2 ordinary shares. The filing shows an amount of $140,000.00 and lists 05/18/2026 as a filing date. The sale method is listed as Open Market Purchase (NYSE) with a referenced transaction date of 06/01/2020.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice of proposed sale by an affiliate.

The excerpt lists a proposed sale of 20,000 ADS, each ADS representing 2 ordinary shares, and an amount of $140,000.00. The filing date shown is 05/18/2026.

The method indicated is Open Market Purchase (NYSE) and a transaction date of 06/01/2020 appears in the excerpt; cash‑flow treatment and party receiving proceeds are not detailed in the provided text. Subsequent SEC filings or sales confirmations would show execution details.

ADS to be sold 20,000 ADS listed in the Form 144 excerpt
ADS conversion 1 ADS = 2 ordinary shares security description in the excerpt
Amount shown $140,000.00 numeric amount present in the excerpt
Filing date 05/18/2026 date shown in the excerpt
Referenced trade date 06/01/2020 date listed with Open Market Purchase (NYSE)
American Depositary Shares (ADS) financial
"American Depositary Shares, each representing 2 ordinary shares"
American depositary shares (ADS) are a way for investors in the United States to buy shares of foreign companies without dealing with the complexities of international markets. They represent ownership in a foreign company's stock and are traded on U.S. exchanges, making it easier and more convenient for Americans to invest internationally. ADSs allow investors to diversify their portfolios with foreign companies while using familiar trading platforms.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Open Market Purchase (NYSE) market
"Open Market Purchase (NYSE) | N/A; Open Market Purchase (NYSE)"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does JMIA's Form 144 filing report?

It reports a proposed sale of 20,000 ADS, each ADS representing 2 ordinary shares, with an amount of $140,000.00. The filing lists 05/18/2026 as a filing date and references Open Market Purchase (NYSE) as the method.

Does the Form 144 show when the ADS were acquired for JMIA?

The excerpt shows a referenced transaction date of 06/01/2020 for an open market purchase on the NYSE. No acquisition price or further acquisition details are provided in the excerpt.

Will the company receive proceeds from the proposed sale in the Form 144?

The provided excerpt does not state who receives proceeds. Form 144s typically report affiliate sales; this excerpt does not specify whether proceeds go to the issuer or a selling holder.

What does 'American Depositary Shares, each representing 2 ordinary shares' mean for JMIA?

An American Depositary Share (ADS) represents ownership of ordinary shares held by a depositary; here each ADS equals 2 ordinary shares. The filing lists the ADS as the security proposed for sale.