[144] Freightos Ltd SEC Filing
Freightos Ltd (CRGO) filed a Form 144 reporting a proposed sale of 18,606 ordinary shares through Oppenheimer & Co. on Nasdaq with an approximate sale date of 09/16/2025. The filing lists an aggregate market value of $56,190.12 against total shares outstanding of 49,726,906. The securities were acquired as Restricted Stock Units from the issuer on 06/09/2025, totaling 27,910 units, with payment recorded on the same date.
The notice contains the standard representation that the seller does not possess undisclosed material information and includes the usual signature and legal warning language. No other sales in the past three months were reported and no donor/gift information or relationship to issuer is specified in the filing.
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Insights
TL;DR: A small insider sale filing; value is immaterial relative to outstanding shares and signals standard post-vesting disposition.
The Form 144 discloses a proposed sale of 18,606 shares valued at $56,190.12, representing a very small fraction of the 49.7M shares outstanding. The shares were acquired as RSUs on 06/09/2025 and the sale is to occur via a broker on 09/16/2025. From a market-impact perspective this transaction appears routine and unlikely to move the stock materially given the dollar size and proportion of float. The filing fulfills Rule 144 disclosure requirements.
TL;DR: Filing shows compliance with disclosure rules; no evidence in this notice of undisclosed material information.
The notice includes the required attestation that the seller is not aware of material nonpublic information and shows acquisition via RSUs, which suggests a typical executive/employee post-vesting sale rather than a sale tied to extraordinary events. The absence of other recent sales reported for the past three months and the limited size reduce concerns about governance-related signaling. The filing lacks details on the seller's relationship to the issuer, which is not uncommon but limits deeper governance interpretation.