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Freightos (CRGO) VP disposes shares in RSU-related tax sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
restricted share units ("RSUs") financial
"shares-to-cover on behalf of the Reporting Person to cover tax liability for vesting of restricted share units ("RSUs")"
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Indave Sesma Andrea

(Last)(First)(Middle)
C/O FREIGHTOS LIMITED, PLANTA 10,
AVDA. DIAGONAL, 211

(Street)
BARCELONA08018

(City)(State)(Zip)

SPAIN

(Country)
2. Issuer Name and Ticker or Trading Symbol
Freightos Ltd [ CRGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Human Resources
2a. Foreign Trading Symbol
[N/A]
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares04/16/2026S(1)193D$1.855,657(2)D
Ordinary Shares04/16/2026S(1)653D$1.8519,177(3)D
Ordinary Shares(4)3,500D
Ordinary Shares(4)28,000(5)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)(4)$1.4508/03/202311/06/2029Ordinary Shares7,4767,476D
Stock Option (right to buy)(4)$4.1701/01/202602/17/2032Ordinary Shares5,6295,629D
Explanation of Responses:
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.
2. 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).
3. 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).
4. 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.
5. 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.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Max Sitnick, Attorney-in-fact04/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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 many Freightos (CRGO) shares did the VP dispose of and at what price?

She disposed of 846 Ordinary Shares of Freightos. The transactions consisted of sales of 653 shares and 193 shares, each at a price per share of $1.85, executed on April 16, 2026, in connection with covering tax obligations on vesting restricted share units.

Why were Freightos (CRGO) shares sold in this insider filing?

The filing states the sales were “sale-to-cover” transactions. Shares were sold on behalf of the reporting person solely to cover tax liability triggered by the vesting of previously granted restricted share units, rather than as discretionary open-market sales for portfolio rebalancing.

What Freightos (CRGO) share holdings does the VP have after these transactions?

Following the April 16, 2026 transactions, she held 19,177 Ordinary Shares in one line item and 5,657 Ordinary Shares in another, both directly. These holdings primarily represent shares underlying RSUs that have vested or will vest according to the detailed schedules described in the footnotes.

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.