Eduard Grabscheid, Chief Financial Officer of JFrog Ltd. (FROG -3.32%), reported a sale of 17,216 shares of the company’s ordinary shares in an SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $1.6 million |
| Shares sold | 17,216 |
| Post-transaction shares (directly held) | 192,060 |
| Post-transaction value | $17.40 million |
Transaction value based on SEC Form 4 weighted average sale price ($91.04); post-transaction value based on September 03, 2026 market close ($90.61).
Key questions
- What was the primary driver for this transaction?
The sale was non-discretionary, and 8,780 shares were used to cover statutory tax obligations related to the vesting of equity awards, which is a standard procedure for many executives at the firm. - Was any part of…
