Jumia commercial chief corrects ownership details
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Rhea-AI Filing Summary
Jumia Technologies AG’s Chief Commercial Officer, Hesham Mohamed Fakhry Mahmoud ElGabry, filed a Form 3/A to correct a clerical error in the power of attorney and explanations in footnotes 2 and 3; all other information in the original Form 3 remains unchanged. As of October 19, 2026, the reported VRSU positions represent 56,000 and 28,000 underlying ordinary shares, scheduled to vest on December 9, 2026, and December 15, 2027, respectively. The form also lists 77,110 ADS held directly and 101 ADS held indirectly by his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Virtual Restricted Stock Units (VRSU) F4, F2 | -- | -- | -- |
| Holding | Virtual Restricted Stock Units (VRSU) F4, F3 | -- | -- | -- |
| Holding | American Depositary Shares (ADS) F1 | -- | -- | -- |
| Holding | American Depositary Shares (ADS) F1 | -- | -- | -- |
Footnotes (4)
- F1. Each ADS represents 2 ordinary shares of Jumia Technologies AG.
- F2. The VRSUs were granted pursuant to the Virtual Restricted Stock Unit Program 2023 and will vest on December 9, 2026. They do not have an expiration date.
- F3. The VRSUs were granted pursuant to the Virtual Restricted Stock Unit Program 2025 and will vest on December 15, 2027. They do not have an expiration date.
- F4. In the case of VRSUs granted pursuant to the Virtual Restricted Stock Unit Program 2023 and Virtual Restricted Stock Unit Program 2025, subject to certain conditions, each VRSU entitles the holder to receive a cash payment equal to the average of the closing price of the ADSs on the first five trading days after the publication by Jumia Technologies AG of its last quarterly financial results. In each case, Jumia Technologies AG is entitled, at its sole discretion, to settle the VRSUs either in cash or in equity. If the VRSUs are settled in equity, each VRSU would be converted into one ordinary share of Jumia Technologies AG.
Key Figures
Key Terms
Virtual Restricted Stock Units (VRSU) financial
sole discretion regulatory
FAQ
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How many ADS does JMIA Chief Commercial Officer Hesham Mohamed Fakhry Mahmoud ElGabry report holding?
How are JMIA’s reported VRSUs settled?
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