Freightos HR VP sells shares at $0.79 to cover taxes
The reported sales were tied to tax liabilities from vesting restricted share units; the report also lists two direct stock-option holdings.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Freightos Ltd (CRGO) VP, Human Resources Sesma Andrea Indave reported selling 688 ordinary shares and 971 ordinary shares on October 16, 2026, each at $0.79 per share. Both sales were made on the reporting person's behalf to cover tax liability from vesting restricted share units; no Rule 10b5-1 plan is reported.
The report also lists direct options covering 7,476 ordinary shares at a $1.45 exercise price, expiring November 6, 2029, and 5,629 ordinary shares at a $4.17 exercise price, expiring February 17, 2032. No transactions were effected in respect of those option holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 688 | $0.79 | $543.52 |
| Sale | Ordinary Shares F1, F3 | 971 | $0.79 | $767.09 |
| holding | Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Ordinary Shares F4 | -- | -- | -- |
Footnotes (4)
- F1. The transaction reported in this row consists of a sale on behalf of the Reporting Person to cover tax liability for vesting of restricted share units ("RSUs") that had been granted by the Issuer to the Reporting Person.
- F2. The ordinary shares reported in this row consist of the remaining shares (following sales to cover tax liability) underlying 19,830 RSUs originally granted by the Issuer to the Reporting Person that began vesting on July 15, 2024. 33.33% of such RSUs vested on the one-year anniversary of the vesting commencement date (July 15, 2025), and the remaining RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter), such that all such RSUs (reduced by any RSUs for which underlying shares have been sold to cover tax liability) will be fully vested by the three-year anniversary of the vesting commencement date (July 15, 2027).
- F3. The ordinary shares reported in this row consist of the remaining shares (following sales to cover tax liability) underlying 28,000 RSUs originally granted by the Issuer to the Reporting Person that began vesting on July 15, 2025. 33.33% of such RSUs vested on the one-year anniversary of the vesting commencement date (July 15, 2026), and the remaining RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter), such that all such RSUs (reduced by any RSUs for which underlying shares have been sold to cover tax liability) will be fully vested by the three-year anniversary of the vesting commencement date (July 15, 2028).
- F4. 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.
Key Figures
Key Terms
vesting commencement date financial
Stock Option (right to buy) financial
FAQ
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What RSU vesting schedules were connected to the CRGO sales?
What CRGO stock options are listed?
AI-generated analysis. How Rhea-AI works. Not financial advice.