Freightos CEO sells shares to cover RSU taxes
Freightos Ltd CEO and CFO Pablo Pinillos Manrique de Lara reported an open-market sale of 1,524 Ordinary Shares at $1.31 per share.
Rhea-AI Filing Summary
Freightos Ltd CEO and CFO Pablo Pinillos Manrique de Lara reported an open-market sale of 1,524 Ordinary Shares at $1.31 per share. A footnote explains this sale was made on his behalf to cover tax liability arising from the vesting of restricted share units (RSUs). Following the sale, he directly holds 32,661 Ordinary Shares and retains stock options over additional Ordinary Shares at exercise prices of $15.00, $10.00, and $5.00 per share, each expiring in 2033, as part of his ongoing equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,524 shares
Net Sell
8 txns
Insider
Pinillos Manrique de Lara Pablo
Role
CEO and CFO
Sold
1,524 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,524 | $1.31 | $2K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 171,763 shares (Direct);
Stock Option (right to buy) — 100,000 contracts (Direct)
Footnotes (6)
- 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 40,000 RSUs originally granted by the Issuer to the Reporting Person that began vesting on April 1, 2025. 33.33% of such RSUs vested on April 1, 2026 (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 fully vested by the three-year anniversary of the vesting commencement date (April 1, 2028).
- F3. 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.
- F4. The ordinary shares reported in this row consist of shares underlying RSUs that were granted by the Issuer 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: 33.33% 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 (8.33% per quarter), such that the RSUs will be fully vested by the three-year anniversary of the vesting commencement date (April 1, 2029).
- F5. The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting for the Reporting Person on April 1, 2025 and that vest and settle for underlying ordinary shares, in their entirety, on December 31, 2028.
- F6. The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting for the Reporting Person on April 1, 2025 and that vest and settle for underlying ordinary shares, in their entirety, on December 31, 2027.
Key Figures
Shares sold: 1,524 shares
Sale price: $1.31 per share
Shares held after sale: 32,661 shares
+3 more
6 metrics
Shares sold
1,524 shares
Ordinary Shares sold on July 2, 2026
Sale price
$1.31 per share
Price for 1,524 Ordinary Shares sold
Shares held after sale
32,661 shares
Direct Ordinary Share holdings following transaction
Stock option strike price
$15.00 per share
Option over 33,334 underlying Ordinary Shares, expiring March 16, 2033
Stock option strike price
$10.00 per share
Option over 33,333 underlying Ordinary Shares, expiring March 16, 2033
Stock option strike price
$5.00 per share
Option over 33,333 underlying Ordinary Shares, expiring March 16, 2033
Key Terms
restricted share units ("RSUs"), Stock Option (right to buy), vesting commencement date, tax liability
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
vesting commencement date financial
"began vesting on April 1, 2025. 33.33% of such RSUs vested on April 1, 2026 (the one-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.
tax liability financial
"sale on behalf of the Reporting Person to cover tax liability for vesting of restricted share units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Freightos (CRGO) report for its CEO and CFO?
Freightos reported that CEO and CFO Pablo Pinillos Manrique de Lara sold 1,524 Ordinary Shares. The shares were sold at $1.31 each to cover tax liabilities from vesting RSUs, according to the filing’s explanatory footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
