Freightos (CRGO) VP details options, RSUs and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Freightos Ltd VP of Human Resources Andrea Indave Sesma filed an initial ownership report, outlining her equity position in the company. She holds stock options over 7,476 ordinary shares at an exercise price of $1.45 expiring on November 6, 2029, and options over 5,629 ordinary shares at $4.17 expiring on February 17, 2032. She also directly holds blocks of ordinary shares, including 3,500 and 5,850 shares, along with larger awards where the ordinary shares are underlying RSUs that began vesting on July 15, 2023, July 15, 2024 and July 15, 2025 under three-year vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Indave Sesma Andrea
Role
VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock options (right to buy) | -- | -- | -- |
| holding | Stock options (right to buy) | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Stock options (right to buy) — 7,476 shares (Direct);
Ordinary shares — 3,500 shares (Direct)
Footnotes (1)
- The ordinary shares reported in this row consist of shares underlying restricted share units ("RSUs") granted by the Issuer to the Reporting Person that began vesting on July 15, 2023 and that vest (and settle for underlying ordinary shares) in accordance with the following schedule: 33.33% of the RSUs vested upon the one-year anniversary of the vesting commencement date and the remaining RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such RSUs will be vested by the three-year anniversary of the vesting commencement date. The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting on July 15, 2024 and that vest (and settle for underlying ordinary shares) in accordance with the following schedule: 33.33% of the RSUs vested upon the one-year anniversary of the vesting commencement date and the remaining RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such RSUs will be vested by the three-year anniversary of the vesting commencement date. The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting on July 15, 2025 and that vest (and settle for underlying ordinary shares) in accordance with the following schedule: 33.33% of the RSUs vested upon the one-year anniversary of the vesting commencement date and the remaining RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such RSUs will be vested by the three-year anniversary of the vesting commencement date.
FAQ
What does the Form 3 filing for Freightos (CRGO) disclose about Andrea Indave Sesma?
The Form 3 shows VP of Human Resources Andrea Indave Sesma’s initial equity holdings in Freightos. It lists her direct ownership of ordinary shares plus stock options and RSU-based awards with defined exercise prices, expirations, and multi-year vesting schedules starting in 2023, 2024 and 2025.
When do Andrea Indave Sesma’s Freightos (CRGO) stock options expire?
Her stock options tied to 7,476 ordinary shares expire on November 6, 2029, and options tied to 5,629 ordinary shares expire on February 17, 2032. These dates set the final deadlines by which the options may be exercised under their terms.
How do the RSU grants for Freightos (CRGO) to Andrea Indave Sesma vest?
Each RSU grant begins vesting on July 15 of 2023, 2024 or 2025, with 33.33% vesting on the one-year anniversary of that date. The remaining RSUs vest in equal quarterly installments of 8.3325% over eight quarters, completing vesting by the three-year anniversary.
Does the Freightos (CRGO) Form 3 show any buy or sell transactions by Andrea Indave Sesma?
The Form 3 lists holdings rather than transactions, with all entries categorized as holdings and transaction direction marked unknown. It is an initial statement of beneficial ownership and does not record open-market purchases or sales of Freightos ordinary shares.