Jumia Technologies AG (JMIA) director acquires 905,797 ADS in $5.52 private deal

Rhea-AI Filing Summary

Jumia Technologies AG director Hassanein Shahreza Hiridjee, through Yas Holding Ltd, purchased 905,797 American Depositary Shares (ADS) in a private placement from the company on August 12, 2026 under a Share Purchase Agreement at $5.52 per ADS. Each ADS represents 2 ordinary shares. Following this transaction, indirect holdings reported through Yas Holding Ltd total 13,119,635 ADS.

Insider Trade Summary

Net Buyer: 905,797 shares

Net Buy 1 txn

Insider Hiridjee Hassanein Shahreza

Role Director

Bought 905,797 shs

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares (ADS) F1, F2, F3	905,797	--	--

Holdings After Transaction: American Depositary Shares (ADS) — 13,119,635 shares (Indirect, By Yas Holding Ltd (formerly known as Axian Telecom))

Footnotes (3)

1. F1. Each ADS represents 2 ordinary shares of Jumia Technologies AG.
2. F2. The reporting person purchased these shares from the issuer in a private placement under a Share Purchase Agreement dated August 12, 2026 at a purchase price of $5.52 per share.
3. F3. These ADSs are 100% owned through Yas Holding Ltd (formerly known as Axian Telecom), which is 100% owned by Axian Telecom Holding and Management plc, which is in turn 100% owned by Hassanein Shahreza Hiridjee.

Key Figures

ADS purchased: 905,797 ADS Purchase price per ADS: $5.52 Indirect ADS holdings after transaction: 13,119,635 ADS +1 more

4 metrics

ADS purchased 905,797 ADS American Depositary Shares acquired on August 12, 2026 in private placement

Purchase price per ADS $5.52 Price under Share Purchase Agreement dated August 12, 2026

Indirect ADS holdings after transaction 13,119,635 ADS Total ADS held indirectly through Yas Holding Ltd following purchase

ADS to ordinary share ratio 1 ADS = 2 ordinary shares Each ADS represents 2 ordinary shares of Jumia Technologies AG

Key Terms

American Depositary Shares (ADS), private placement, Share Purchase Agreement, indirect ownership

4 terms

American Depositary Shares (ADS) financial

"Each ADS represents 2 ordinary shares of Jumia Technologies AG."

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.

private placement financial

"purchased these shares from the issuer in a private placement under a Share Purchase Agreement"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

Share Purchase Agreement financial

"under a Share Purchase Agreement dated August 12, 2026 at a purchase price of $5.52"

A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.

indirect ownership financial

"These ADSs are 100% owned through Yas Holding Ltd ... ultimately owned by Hassanein Shahreza Hiridjee"

FAQ

What insider transaction did Jumia Technologies AG (JMIA) report on this Form 4?

Jumia Technologies AG reported that director Hassanein Shahreza Hiridjee, via Yas Holding Ltd, purchased 905,797 ADS on August 12, 2026 in a private placement from the company under a Share Purchase Agreement.

At what price were the Jumia (JMIA) ADS purchased in this insider transaction?

The reported purchase price was $5.52 per American Depositary Share (ADS). The shares were bought from Jumia Technologies AG in a private placement pursuant to a Share Purchase Agreement dated August 12, 2026.

How many Jumia (JMIA) ADS does the reporting person hold after this transaction?

After the reported purchase, indirect holdings total 13,119,635 ADS. These ADS are held through Yas Holding Ltd, which is fully owned by Axian Telecom Holding and Management plc, ultimately owned by Hassanein Shahreza Hiridjee.

How are Jumia (JMIA) ordinary shares represented by the ADS in this Form 4 filing?

Each American Depositary Share (ADS) represents 2 ordinary shares of Jumia Technologies AG. The Form 4 transaction and holdings are reported in ADS units, not directly in ordinary shares.

Is the Jumia (JMIA) insider purchase made on the open market or via private placement?

The filing states the reporting person purchased the shares from the issuer in a private placement under a Share Purchase Agreement, rather than through an open-market transaction on a securities exchange.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/14/2026 - 04:33 PM Accepted by SEC EDGAR 08/14/2026 - 04:30 PM Learn about SEC filing dates

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^*

Hiridjee Hassanein Shahreza

(Last) (First) (Middle)

C/O JUMIA TECHNOLOGIES AG

SKALITZER STRASSE 104

(Street)

BERLIN 10997

(City) (State) (Zip)

GERMANY

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jumia Technologies AG [ JMIA ]

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)
08/12/2026

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)
			Code	V	Amount	(A) or (D)	Price
American Depositary Shares (ADS)(1)	08/12/2026		P		905,797	A	(2)	13,119,635	I	By Yas Holding Ltd (formerly known as Axian Telecom)(3)

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. Each ADS represents 2 ordinary shares of Jumia Technologies AG.

2. The reporting person purchased these shares from the issuer in a private placement under a Share Purchase Agreement dated August 12, 2026 at a purchase price of $5.52 per share.

3. These ADSs are 100% owned through Yas Holding Ltd (formerly known as Axian Telecom), which is 100% owned by Axian Telecom Holding and Management plc, which is in turn 100% owned by Hassanein Shahreza Hiridjee.

	/s/ Vanessa Connolly, Attorney-in-fact	08/14/2026
	** 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)