Freightos VP sells shares to cover RSU taxes
Freightos Ltd VP of Human Resources Andrea Indave Sesma reported routine share activity tied to vesting equity awards.
Rhea-AI Filing Summary
Freightos Ltd VP of Human Resources Andrea Indave Sesma reported routine share activity tied to vesting equity awards. On April 16, 2026, she disposed of 846 Ordinary Shares at $1.85 per share in transactions identified as sales-to-cover tax liabilities from vesting restricted share units.
After these tax-related dispositions, she held 19,177 Ordinary Shares in one block and 5,657 Ordinary Shares in another, all directly. She also held stock options over 5,629 Ordinary Shares at a $4.17 exercise price expiring in 2032, and options over 7,476 Ordinary Shares at $1.45 per share expiring in 2029, indicating a remaining long-term equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 193 | $1.85 | $357.05 |
| Sale | Ordinary Shares | 653 | $1.85 | $1K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (5)
- F1. The transaction reported in this row consists of a sale-to-cover 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 shares underlying 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: Of the 5,850 RSUs originally granted, 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 5,850 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by the three-year anniversary of the vesting commencement date (July 15, 2026).
- F3. 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: Of the 19,830 RSUs originally granted, 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 19,830 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by the three-year anniversary of the vesting commencement date (July 15, 2027).
- 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.
- F5. 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.
Key Figures
Key Terms
sale-to-cover financial
vesting commencement date financial
Stock Option (right to buy) financial
quarterly basis financial
FAQ
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What did Freightos (CRGO) VP Andrea Indave Sesma report in this Form 4?
How do the Freightos (CRGO) RSU vesting schedules work for this VP?
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