Freightos (CRGO) VP disposes shares in RSU-related tax sale
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 846 shares ($1,565)
Net Sell
6 txns
Insider
Indave Sesma Andrea
Role
VP, Human Resources
Sold
846 shs ($2K)
| 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 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 5,657 shares (Direct, null);
Stock Option (right to buy) — 7,476 shares (Direct, null)
Footnotes (1)
- 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. 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). 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). 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. 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
Shares sold to cover taxes: 846 shares
Sale price per share: $1.85/share
Post-transaction holding block 1: 19,177 Ordinary Shares
+5 more
8 metrics
Shares sold to cover taxes
846 shares
Ordinary Shares disposed April 16, 2026 in sale-to-cover transactions at $1.85
Sale price per share
$1.85/share
Price for 653-share and 193-share dispositions of Ordinary Shares
Post-transaction holding block 1
19,177 Ordinary Shares
Directly held after April 16, 2026 tax-related sales
Post-transaction holding block 2
5,657 Ordinary Shares
Additional directly held Ordinary Shares after reported transactions
Stock option 1 exercise price
$4.17/share
Options over 5,629 underlying Ordinary Shares expiring February 17, 2032
Stock option 1 underlying shares
5,629 shares
Underlying Ordinary Shares for $4.17 options expiring 2032
Stock option 2 exercise price
$1.45/share
Options over 7,476 underlying Ordinary Shares expiring November 6, 2029
Stock option 2 underlying shares
7,476 shares
Underlying Ordinary Shares for $1.45 options expiring 2029
Key Terms
restricted share units ("RSUs"), sale-to-cover, vesting commencement date, Stock Option (right to buy), +1 more
5 terms
sale-to-cover financial
"consists of a sale-to-cover on behalf of the Reporting Person to cover tax liability"
vesting commencement date financial
"vest upon the one-year anniversary of the vesting commencement date and the remainder"
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 Option (right to buy) financial
"Stock Option (right to buy) with underlying security title Ordinary Shares"
quarterly basis financial
"the remainder of those RSUs vest equally on a quarterly basis over the following eight quarters"
FAQ
What did Freightos (CRGO) VP Andrea Indave Sesma report in this Form 4?
She reported tax-related dispositions of Freightos Ordinary Shares. Specifically, transactions on April 16, 2026 reflect sales-to-cover tax liabilities from vesting RSUs, along with updated holdings of Ordinary Shares and outstanding stock options that together show her remaining equity exposure.
How do the Freightos (CRGO) RSU vesting schedules work for this VP?
Footnotes describe RSU grants that began vesting on July 15, 2023, July 15, 2024, and July 15, 2025. For each, 33.33% vests after one year from the vesting commencement date, with the remaining RSUs vesting evenly over eight quarterly installments through the respective three-year anniversaries.