Freightos CTO sells 2,904 shares at $2.05
Freightos Ltd Chief Technology Officer Enric Alventosa Abril reported an open-market sale of 2,904 ordinary shares at $2.05 per share, leaving 26,746 ordinary shares directly held.
Rhea-AI Filing Summary
Freightos Ltd Chief Technology Officer Enric Alventosa Abril reported an open-market sale of 2,904 ordinary shares at $2.05 per share, leaving 26,746 ordinary shares directly held. The filing also lists several lines of ordinary shares related to restricted share units where no transactions occurred and that are included for informational purposes only. In addition, he holds stock options to buy 42,217 ordinary shares at an $8.44 exercise price expiring in 2032, and options to buy 58,048 and 35,181 ordinary shares at a $4.17 exercise price with expirations in 2032 and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,904 shares
Net Sell
6 txns
Insider
Alventosa Abril Enric
Role
Chief Technology Officer
Sold
2,904 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,904 | $2.05 | $6K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 85,879 shares (Direct);
Stock Option (right to buy) — 135,446 contracts (Direct)
Footnotes (5)
- F1. 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 (and settling for underlying ordinary shares) on July 15, 2023. The 30,820 RSUs originally granted vest in accordance with the following schedule: 33.33% of those RSUs vested upon the one-year anniversary of the vesting commencement date, and the remainder of those RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such 30,820 RSUs (reduced by any RSUs for which underlying shares have been sold) will be vested by the three-year anniversary of the vesting commencement date (July 15, 2026).
- F2. There were no transactions effected in respect of the securities reported in this row, and the holdings in this row are being included for informational purposes only.
- F3. The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting (and settling for underlying ordinary shares) on July 15, 2024. The 35,480 RSUs originally granted vest 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 ten quarters (6.66% per quarter) such that all such 35,480 RSUs (reduced by any RSUs for which underlying shares are sold) will be vested by December 31, 2027.
- F4. The ordinary shares reported in this row consist of shares underlying 25,000 RSUs granted by the Issuer to the Reporting Person that began vesting (and settling for underlying ordinary shares) on March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 31, 2026.
- F5. The stock options reported in this row granted by the Issuer to the Reporting Person began vesting (and becoming exercisable for underlying ordinary shares) on October 1, 2022, in accordance with the following schedule: 25% of the options vested upon the one-year anniversary of the vesting commencement date and the remaining options vest equally on a quarterly basis over the following twelve quarters (6.125% per quarter) such that all such options will be vested by the four-year anniversary of the vesting commencement date.
Key Figures
Shares sold: 2,904 shares
Sale price: $2.05 per share
Shares held after sale: 26,746 shares
+4 more
7 metrics
Shares sold
2,904 shares
Open-market sale of ordinary shares
Sale price
$2.05 per share
Price for 2,904 ordinary shares sold
Shares held after sale
26,746 shares
Direct ordinary share holdings post-transaction
Option underlying shares
42,217 shares
Stock option at $8.44 exercise price expiring 2032-11-02
Option underlying shares
58,048 shares
Stock option at $4.17 exercise price expiring 2032-02-17
Option underlying shares
35,181 shares
Stock option at $4.17 exercise price expiring 2031-04-27
Net share change
-2,904 shares
Net buy/sell shares from reported transactions
Key Terms
restricted share units ("RSUs"), vesting commencement date, stock options, exercise price, +1 more
5 terms
vesting commencement date financial
"vest in accordance with the following schedule: 33.33% of those RSUs vested upon the one-year anniversary of the vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
stock options financial
"The stock options reported in this row granted by the Issuer to the Reporting Person began vesting"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"Stock Option (right to buy) ... conversion_or_exercise_price: "8.4400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Freightos (CRGO) report for its CTO?
Freightos Chief Technology Officer Enric Alventosa Abril reported selling 2,904 ordinary shares in an open-market transaction at $2.05 per share, according to a Form 4 insider filing, and disclosed updated post-transaction share and option holdings.
What stock options does the Freightos (CRGO) CTO retain?
The CTO holds stock options over 42,217 ordinary shares with an $8.44 exercise price expiring in 2032, plus options over 58,048 and 35,181 ordinary shares at a $4.17 exercise price, with stated expiration dates in 2032 and 2031 respectively.
Do the RSUs in the Freightos (CRGO) Form 4 reflect new trades?
The ordinary shares linked to restricted share units are reported as holdings only, with no transactions effected in those rows. They reflect RSU grants that vest on specified schedules and are included for informational disclosure rather than new market activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
