Jamf (NASDAQ:JAMF) Holding Corp's (NASDAQ:JAMF) Chief Information Officer (CIO), Lam Linh, recently sold 2,200 shares of the company's stock, according to a new SEC filing. The transactions, carried out on May 3, 2024, amounted to a total of over $44,000, with the shares sold at a weighted average price of $20.0333.
The sales were conducted under a Rule 10b5-1 trading plan, a pre-arranged trading plan set up on May 15, 2023, which allows company insiders to sell shares at predetermined times to avoid accusations of insider trading. The shares were sold in multiple transactions at prices ranging from $20.00 to $20.07.
Following the sale, Lam Linh still holds a substantial number of Jamf Holding Corp shares, with a post-transaction total of 200,585 shares remaining in their possession. The recent transactions indicate active trading by the CIO, but they do not necessarily signal a shift in company fundamentals or future performance.
Investors and followers of Jamf Holding Corp will continue to watch insider activity for insights into the company's health and the confidence level of its executives. The provided details offer transparency and ensure that all market participants have access to the same information regarding insider transactions.
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