Freightos CSO sells shares to cover RSU taxes
Freightos Ltd Chief Strategy Officer Ian Arroyo reported selling a total of 1,760 ordinary shares on July 16, 2026 at $1.2700 per share in open-market or private transactions to cover tax liabilities from vested RSUs.
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Form Type
4
Rhea-AI Filing Summary
Freightos Ltd Chief Strategy Officer Ian Arroyo reported selling a total of 1,760 ordinary shares on July 16, 2026 at $1.2700 per share in open-market or private transactions to cover tax liabilities from vested RSUs. He continues to hold RSU-derived shares and multiple stock option awards over Freightos ordinary shares.
Insider Trade Summary
Net Seller: 1,760 shares
Net Sell
2 txns
Insider
Arroyo Ian
Role
Chief Strategy Officer
Sold
1,760 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 760 | $1.27 | $965.20 |
| Sale | Ordinary Shares F1, F3 | 1,000 | $1.27 | $1K |
| Holding | Stock Option (right to buy) F4 | -- | -- | -- |
| Holding | Stock Option (right to buy) F4 | -- | -- | -- |
| Holding | Stock Option (right to buy) F4 | -- | -- | -- |
| Holding | Ordinary Shares F4 | -- | -- | -- |
| Holding | Ordinary Shares F4, F5 | -- | -- | -- |
| Holding | Ordinary Shares F4, F6 | -- | -- | -- |
| Holding | Ordinary Shares F4, F7 | -- | -- | -- |
| Holding | Ordinary Shares F4, F8 | -- | -- | -- |
| Holding | Ordinary Shares F4, F9 | -- | -- | -- |
| Holding | Ordinary Shares F4, F10 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 280,136 shares (Direct);
Stock Option (right to buy) — 290,461 contracts (Direct)
Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (10)
- 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 7,000 RSUs originally granted by the Issuer to the Reporting Person that began vesting on October 15, 2025. Such RSUs have vested in full as of July 15, 2026 (reduced by any RSUs for which underlying shares have been sold to cover tax liability). In addition to the 760 shares sold as reported in this row and the 756 shares from this grant sold on April 16, 2026 as reported in the Form 4 filed on April 20, 2026, an additional 754 shares were sold to cover tax liability previously (before the Reporting Person was subject to Section 16), such that only 4,730 ordinary shares are currently held by the Reporting Person from the 7,000 RSUs originally granted.
- F3. The ordinary shares reported in this row consist of the remaining shares (following sales to cover tax liability) underlying 21,500 RSUs originally granted by the Issuer to the Reporting Person that began vesting on October 15, 2025. Such RSUs vest equally on a quarterly basis over seven calendar quarters (approximately 14.286% 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 July 15, 2027. In addition to the 1,000 shares sold as reported in this row and the 995 shares from this grant sold on April 16, 2026 as reported in the Form 4 filed on April 20, 2026, an additional 992 shares were sold to cover tax liability previously (before the Reporting Person was subject to Section 16), such that only 18,513 RSUs and/or underlying ordinary shares are currently held by the Reporting Person from the 21,500 RSUs originally granted.
- 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 to the Reporting Person by the Issuer that began vesting on March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 31, 2027.
- F6. The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person by the Issuer that began vesting on March 13, 2025 and that are now fully vested and have settled for underlying ordinary shares (as of July 15, 2026).
- F7. The ordinary shares reported in this row consist of the remaining shares (following sales to cover tax liability) underlying 36,000 RSUs originally granted to the Reporting Person by the Issuer that began vesting on July 1, 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 (reduced by any RSUs for which underlying shares have been sold to cover tax liability) will be vested by the three-year anniversary of the vesting commencement date (July 1, 2028).
- F8. The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person by the Issuer that began vesting on October 15, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 30, 2026.
- F9. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person by the Issuer that began vesting on October 15, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 30, 2027.
- F10. The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person that were granted to, and began vesting for, the Reporting Person on April 1, 2026 and that vest and settle for underlying ordinary shares based on the following schedule: 33% of the subject RSUs will vest upon the one-year anniversary of the grant date (April 1, 2027), and the remainder of the RSUs will vest in eight equal installments at the conclusion of each of the following eight quarters (8.25% per quarter), such that the RSUs will be fully vested by the three-year anniversary of the vesting commencement date (April 1, 2029).
Key Figures
Total shares sold: 1,760 shares
Sale price per share: $1.2700 per share
Remaining from 7,000 RSU grant: 4,730 ordinary shares
+4 more
7 metrics
Total shares sold
1,760 shares
Aggregate ordinary shares sold on July 16, 2026 to cover RSU tax liability
Sale price per share
$1.2700 per share
Price for both ordinary share sale transactions on July 16, 2026
Remaining from 7,000 RSU grant
4,730 ordinary shares
Currently held from 7,000 RSUs after multiple tax-related sales
Remaining from 21,500 RSU grant
18,513 RSUs and/or ordinary shares
Currently held from 21,500 RSUs after tax-related sales
Option at $1.0700
49,473 underlying shares
Ordinary shares underlying stock option expiring December 16, 2030
Option at $4.1700 (2031-07-19)
12,314 underlying shares
Ordinary shares underlying stock option expiring July 19, 2031
Option at $4.1700 (2032-02-17)
228,674 underlying shares
Ordinary shares underlying stock option expiring February 17, 2032
Key Terms
restricted share units ("RSUs"), Section 16, vesting commencement date, ordinary shares
4 terms
Section 16 regulatory
"before the Reporting Person was subject to Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
vesting commencement date financial
"by the three-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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Freightos (CRGO) report for Ian Arroyo?
Ian Arroyo reported selling 1,760 ordinary shares of Freightos on July 16, 2026 at $1.2700 per share. Footnotes state the sales were executed to cover tax liabilities arising from the vesting of restricted share units (RSUs) previously granted to him.
What stock options does Ian Arroyo hold in Freightos (CRGO) according to this Form 4?
He holds options over 49,473 shares at $1.0700 expiring December 16, 2030, and options over 12,314 and 228,674 shares at $4.1700 expiring July 19, 2031 and February 17, 2032, respectively, all on Freightos ordinary shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
