Sales are too small to signal material insider bearishness. Director Frederic's $5M sale is the largest but still trivial at 0.04% of cap. Monitor upcoming 10-Q for revenue/ARR guidance; this cluster offers no actionable trade signal on its own.
Price Chart
Executive Summary
Three FROG insiders sold shares over a 7-day window: Director Frederic $5.0M, CTO Landman $69K, and CFO Grabscheid $52K, totaling $5.10M. This is a mixed cluster of a large director sale plus two small C-suite sales, all open-market. At 0.05% of the $11.2B market cap, the total value is far below the 0.1% threshold for materiality and appears routine. Director-level single sales are weakly informative, and the C-suite amounts are trivial — no amplification warranted.
Key Financial Metrics
Key Facts
- Total insider sales (open-market): $5.10M over 7 days (June 30 – July 7, 2026)
- Director Frederic sold 54,800 shares at ~$90.91 for $4.98M — largest single sale
- CTO Landman sold 700 shares at $99 for $69,300
- CFO Grabscheid sold 561 shares at $92.61 for $52,000
- All three trades are open-market (code S) — no non-cash transactions
- Total sales equal ~0.05% of FROG's $11.2B market cap — well below the 0.1% threshold for impact
- FROG has 93% analyst bullish rating; stock up ~3.5% avg on past reports
Financial Impact
Total cash proceeds to insiders of $5.10M or ~0.05% of market cap — immaterial relative to $11.2B market cap
Risk Factors
- Insider sales are routine for liquidity — no unusual pattern detected
- 17 prior sells in 30d totaling $31.1M create cumulative insider selling backdrop, but this cluster adds only $5.1M
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FROG-1783670807011 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | 144 | $96.30 $93.89 | ▼ −2.50% | ▼ −1.32% | $100.46 (+4.32%) |
Sep 16, 2026 6w ago | Insider Cluster | $93.98 $92.81 | ▼ −1.24% | ▼ −1.13% | $100.46 (+6.90%) |
Sep 10, 2026 6w ago | Insider Cluster | $87.18 $93.00 | ▲ +6.68% | ▲ +7.12% | $100.46 (+15.23%) |
Sep 10, 2026 6w ago | Insider Cluster | $87.18 $93.00 | ▲ +6.68% | ▲ +7.12% | $100.46 (+15.23%) |
Sep 9, 2026 6w ago | Insider Cluster | $88.65 $87.18 | ▼ −1.66% | ▼ −2.51% | $100.46 (+13.32%) |
Sep 4, 2026 7w ago | Insider Cluster | $86.73 $87.32 | ▼ −0.68% | ▼ −1.15% | $100.46 (−15.83%) |
Sep 1, 2026 8w ago | Insider Cluster | $91.73 $90.61 | ▼ −1.22% | ▼ −2.27% | $100.46 (+9.52%) |
Sep 1, 2026 8w ago | Insider Cluster | $91.73 $90.61 | ▼ −1.22% | ▼ −2.27% | $100.46 (+9.52%) |
Aug 17, 2026 10w ago | Insider Cluster | $91.60 $91.21 | ▼ −0.43% | ▼ −0.64% | $100.46 (+9.67%) |
Jul 27, 2026 13w ago | Insider Cluster | $76.43 $73.28 | ▼ −4.13% | ▼ −2.59% | $100.46 (+31.44%) |
US Market Status
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