---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-050464"
form_type: "8-K"
ticker: "FROG"
cik: "0001800667"
company_name: "JFrog Ltd"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:43:52.090464+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# JFrog appoints Ed Grabscheid as CFO, effective Jan 1, 2024; Jacob Shulman departs

## Summary
- Ed Grabscheid, current VP of Finance since 2019, promoted to CFO; succeeds Jacob Shulman who is leaving to pursue other opportunities.
- Grabscheid's compensation: annual base salary $450,000, target bonus up to 50%, and RSUs valued at ~$2 million vesting over time.
- Shulman will step back as CFO on Jan 1, 2024, and may stay as advisor for transition.
- Company reiterates Q3 and full-year 2023 financial guidance previously issued on August 2, 2023.
- Grabscheid has over 25 years of financial experience, previously CFO at Atlona and roles at Cisco, Intermolecular.

## SEC filing metadata
- accession: 0000950170-23-050464
- form_type: 8-K
- ticker: FROG
- cik: 0001800667
- company_name: JFrog Ltd
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800667/000095017023050464/0000950170-23-050464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800667/000095017023050464/frog-20230926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-050464
- JSON: https://secwatch.observer/filing/0000950170-23-050464.json
- Plain text: https://secwatch.observer/filing/0000950170-23-050464.txt

## Key facts
- Executive change
  Jacob Shulman departed as Chief Financial Officer at JFrog Ltd.
  - Action: step back
  - Role: Chief Financial Officer
  source text: Mr. Grabscheid will succeed Jacob Shulman, who will step back from his role as CFO when Mr. Grabscheid assumes the position of CFO, and may continue as an advisor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800667/000095017023050464/0000950170-23-050464-index.htm
- Executive change
  Ed Grabscheid was appointed as Chief Financial Officer at JFrog Ltd.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On September 28, 2023, JFrog Ltd. (the "Company") announced the appointment of Ed Grabscheid as the Chief Financial Officer ("CFO") of the Company, to be effective January 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800667/000095017023050464/0000950170-23-050464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.