Eduard Grabscheid, Chief Financial Officer of JFrog Ltd. (NASDAQ:FROG), filed a Form 4 on September 4, 2026, disclosing sales of ordinary shares on September 2 and September 3, 2026, along with a tax-withholding disposition connected to a restricted stock unit vesting event.

Key Highlights

  • Tax-withholding disposition: 8,780 ordinary shares were disposed of on September 2, 2026, at $90.51 per share to cover statutory tax withholding obligations in connection with RSU vesting, and according to the filing this "does not represent a discretionary sale by the Reporting Person."
  • Rule 10b5-1 plan sales: A total of 8,436 ordinary shares were sold on September 3, 2026, across six transactions, pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2026.
  • Sale prices ranged: Weighted average prices for the September 3 transactions were reported at $90.99, $91.62, $93.05, $91.29, $91.86, and $93.00 per share across multiple trades.
  • ESPP purchase included: The post-transaction beneficial ownership figure of 200,496 shares (after the September 2 sale) includes 179 ordinary shares purchased under the JFrog Ltd. 2020 Employee Stock Purchase Plan for the period ended August 31, 2026, at 85% of the closing price on March 2, 2026.
  • Remaining ownership: Following all reported transactions, Grabscheid directly beneficially owned 192,060 ordinary shares.

JFrog CFO Eduard Grabscheid's Share Dispositions and Ownership Changes

According to the filing, Eduard Grabscheid, serving as Chief Financial Officer of JFrog Ltd., reported two categories of dispositions over September 2-3, 2026. On September 2, 2026, 8,780 ordinary shares were disposed of at $90.51 per share. The filing states this transaction represents shares sold to cover statutory tax withholding obligations tied to the vesting of Restricted Stock Units, and explicitly notes it "does not represent a discretionary sale by the Reporting Person." After that transaction, Grabscheid's directly held beneficial ownership stood at 200,496 shares, a figure that the filing notes includes 179 shares acquired through the company's 2020 ESPP at a purchase price equal to 85% of the closing price on March 2, 2026.

On September 3, 2026, six additional sale transactions were reported, all conducted under a Rule 10b5-1 trading plan that Grabscheid adopted on March 6, 2026. The shares sold were 2,066 at a weighted average of $90.99, 5,414 at a weighted average of $91.62, 777 at a weighted average of $93.05, 111 at a weighted average of $91.29, 47 at a weighted average of $91.86, and 21 at a weighted average of $93.00. Each of these transactions was executed across multiple individual trades, and the filing states that full information on prices at each separate trade is available upon request to the SEC, the issuer, or any security holder.

After all reported transactions were completed, the filing shows Grabscheid directly and beneficially owned 192,060 ordinary shares of JFrog Ltd. All dispositions and the resulting ownership positions were reported on a direct ownership basis.

What Was Disclosed

JFrog Ltd.'s CFO Eduard Grabscheid disclosed the disposition of 17,216 ordinary shares across September 2-3, 2026, comprising a tax-withholding RSU sale and six Rule 10b5-1 plan sales, leaving him with direct beneficial ownership of 192,060 ordinary shares.