What does each Jumia (JMIA) American Depositary Share represent?

Each Jumia American Depositary Share represents 2 ordinary shares. This means U.S.-listed ADS give investors economic exposure to the company’s underlying ordinary equity, with two ordinary shares bundled into each ADS unit.

Jumia Technologies (NYSE: JMIA) EVP sells 20,000 ADS and updates holdings

Q: At what price were the 20,000 Jumia (JMIA) ADS sold by the EVP?

The 20,000 Jumia ADS were sold at $7.09 per ADS. This open-market price on May 18, 2026 reflects the transaction value disclosed, helping investors understand the approximate dollar size of the insider’s sale.

Q: How many Jumia (JMIA) ADS does Antoine Maillet-Mezeray hold after the sale?

After the transaction, he directly holds 279,992 ADS. This post-transaction balance shows that, despite the 20,000 ADS sale, he retains a substantial position in Jumia Technologies AG through American Depositary Shares.

Q: Was the Jumia (JMIA) insider transaction an open-market sale?

Yes, the transaction is described as an open-market sale. The Form 4 identifies the code as a sale and labels it an open-market or private transaction, indicating it was not a tax withholding, gift, or option exercise event.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Jumia Technologies AG director and EVP Finance & Operations Antoine Maillet-Mezeray sold 20,000 American Depositary Shares (ADS) in an open-market transaction. The sale took place on May 18, 2026 at a price of $7.09 per ADS.

After this transaction, he directly holds 279,992 ADS, according to the filing. Each ADS represents 2 ordinary shares of Jumia Technologies AG, so ADS trades provide U.S. investors exposure to the company’s underlying ordinary shares.

Insider Trade Summary

Net Seller: 20,000 shares ($141,800)

Net Sell 1 txn

Insider Maillet-Mezeray Antoine

Role EVP Finance & Operations

Sold 20,000 shs ($142K)

Type	Security	Shares	Price	Value
Sale	American Depositary Shares (ADS)	20,000	$7.09	$142K

Holdings After Transaction: American Depositary Shares (ADS) — 279,992 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 20,000 ADS Sale price: $7.09 per ADS Shares held after transaction: 279,992 ADS +2 more

5 metrics

Shares sold 20,000 ADS Open-market sale on May 18, 2026

Sale price $7.09 per ADS Open-market transaction

Shares held after transaction 279,992 ADS Direct holdings following sale

ADS to ordinary share ratio 1 ADS = 2 ordinary shares Structure of Jumia ADS

Net buy/sell shares -20,000 ADS Net-sell direction in transaction summary

Key Terms

American Depositary Shares (ADS), open-market sale, Form 4

3 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.

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.

Form 4 regulatory

"This Form 4 identifies the code as a sale"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/20/2026 - 12:13 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^*

Maillet-Mezeray Antoine

(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
X	Officer (give title below)	Other (specify below)
	EVP Finance & Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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)
American Depositary Shares (ADS)⁽¹⁾	05/18/2026		S		20,000	D	$7.09	279,992	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. Each ADS represents 2 ordinary shares of Jumia Technologies AG.

	/s/ Vanessa Connolly, Attorney-in-fact	05/20/2026
	** 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

FAQ

What insider transaction did Jumia (JMIA) report for Antoine Maillet-Mezeray?

Jumia reported that Antoine Maillet-Mezeray sold 20,000 ADS. The director and EVP Finance & Operations completed an open-market sale of American Depositary Shares, providing detail on his trading activity and updated direct holdings in the company.

At what price were the 20,000 Jumia (JMIA) ADS sold by the EVP?

The 20,000 Jumia ADS were sold at $7.09 per ADS. This open-market price on May 18, 2026 reflects the transaction value disclosed, helping investors understand the approximate dollar size of the insider’s sale.

How many Jumia (JMIA) ADS does Antoine Maillet-Mezeray hold after the sale?

After the transaction, he directly holds 279,992 ADS. This post-transaction balance shows that, despite the 20,000 ADS sale, he retains a substantial position in Jumia Technologies AG through American Depositary Shares.

Was the Jumia (JMIA) insider transaction an open-market sale?

Yes, the transaction is described as an open-market sale. The Form 4 identifies the code as a sale and labels it an open-market or private transaction, indicating it was not a tax withholding, gift, or option exercise event.