Renaud Matthieu Glenisson, Regional CEO of Jumia Technologies AG, filed an amended initial statement of beneficial ownership (Form 3/A) on November 2, 2026, to correct a clerical error in the security title reported in the original Form 3 filed on October 29, 2026.

Key Highlights

  • Amendment purpose: The filing corrects the title of securities in Table I from "ordinary shares" to "American Depositary Shares (ADS)" and updates footnotes 2 and 3; all share counts remain unchanged.
  • Direct ADS holdings: Glenisson directly owns 78,386 American Depositary Shares of Jumia Technologies AG.
  • Indirect ADS holdings: An additional 5,710 ADS are held indirectly by direct family.
  • VRSU grant (2023 program): 56,000 Virtual Restricted Stock Units granted under the Virtual Restricted Stock Unit Program 2023, vesting December 9, 2026.
  • VRSU grant (2025 program): 28,000 Virtual Restricted Stock Units granted under the Virtual Restricted Stock Unit Program 2025, vesting December 15, 2027.
  • ADS conversion ratio: Each ADS represents two ordinary shares of Jumia Technologies AG, according to the filing.

Clerical Correction to Glenisson's Initial Beneficial Ownership Report at Jumia Technologies

According to the filing, this Form 3/A was submitted "solely to correct a clerical error in the title of the security reported in Table I of the Form 3 filed on October 29, 2026, from ordinary shares to ADSs, and the explanations in footnotes 2 and 3." The filing states that the number previously reported represents ADS held by the reporting person and remains unchanged, and that all other information disclosed in the original Form 3 also remains unchanged. The event requiring the original statement occurred on October 19, 2026. The filing is listed under NYSE:JMIA.

Glenisson's reported direct beneficial ownership consists of 78,386 ADS, with 5,710 ADS held indirectly through direct family. Regarding derivative securities, the filing reports two tranches of Virtual Restricted Stock Units (VRSUs). The first tranche of 56,000 VRSUs was granted under the Virtual Restricted Stock Unit Program 2023 and is scheduled to vest on December 9, 2026. The second tranche of 28,000 VRSUs was granted under the Virtual Restricted Stock Unit Program 2025 and is scheduled to vest on December 15, 2027. Neither tranche carries an expiration date, according to the filing.

The filing explains that each VRSU, subject to certain conditions, entitles the holder to receive a cash payment equal to the average of the closing price of the ADS on the first five trading days after the publication of Jumia Technologies AG's last quarterly financial results. The filing further discloses that Jumia Technologies AG retains the right, at its sole discretion, to settle the VRSUs in cash or in equity, and that if settled in equity, each VRSU would convert into one ordinary share of Jumia Technologies AG. The Form 3/A was signed by Vanessa Connolly as attorney-in-fact on November 2, 2026.

What Was Disclosed

Renaud Matthieu Glenisson, Regional CEO of Jumia Technologies AG (NYSE:JMIA), filed a Form 3/A on November 2, 2026, amending an October 29, 2026 initial ownership statement to correct the security title from ordinary shares to ADS. All previously reported share counts remained unchanged.