Freightos officer sells 1,217 shares for tax
Freightos Ltd Chief Strategy Officer Ian Arroyo reported a small share sale mainly to cover taxes from equity compensation.
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Form Type
4
Rhea-AI Filing Summary
Freightos Ltd Chief Strategy Officer Ian Arroyo reported a small share sale mainly to cover taxes from equity compensation. He sold 1,217 Ordinary Shares of Freightos on June 15, 2026 at $1.59 per share, with the sale executed to satisfy withholding tax obligations tied to performance share units, according to the footnotes.
Following this transaction, Arroyo directly holds 23,924 Ordinary Shares. He also holds stock options over 228,674 Ordinary Shares at an exercise price of $4.17 per share expiring on February 17, 2032, 12,314 underlying shares at $4.17 per share expiring on July 19, 2031, and 49,473 underlying shares at $1.07 per share expiring on December 16, 2030.
Insider Trade Summary
Net Seller: 1,217 shares
Net Sell
12 txns
Insider
Arroyo Ian
Role
Chief Strategy Officer
Sold
1,217 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,217 | $1.59 | $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 | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 292,273 shares (Direct);
Stock Option (right to buy) — 290,461 contracts (Direct)
Footnotes (10)
- F1. The transaction reported in this row consists of the sale of ordinary shares on behalf of the Reporting Person to satisfy applicable withholding tax obligations arising from the grant of ordinary shares to the Reporting Person upon his achievement of performance criteria under performance share units ("PSUs") previously granted by the Issuer to the Reporting Person.
- F2. 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.
- F3. The ordinary shares reported in this row consist of shares underlying restricted share units ("RSUs") that were granted to the Reporting Person by the Issuer that began vesting on October 15, 2025. The 7,000 RSUs originally granted vest (and settle for underlying ordinary shares) on an equal, quarterly basis over three calendar quarters (33.33% per quarter) such that all such 7,000 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by July 15, 2026.
- F4. 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. The 21,500 RSUs originally granted vest (and settle for underlying ordinary shares) on an equal, quarterly basis over seven calendar quarters (approximately 14.286% per quarter) such that all such 21,500 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by July 15, 2027.
- 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 vest (and settle for underlying ordinary shares) in their entirety on July 15, 2026.
- F7. The ordinary shares reported in this row consist of shares underlying RSUs 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 vest 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.
- 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
Shares sold: 1,217 shares
Sale price: $1.59 per share
Shares held after sale: 23,924 shares
+4 more
7 metrics
Shares sold
1,217 shares
Ordinary Shares sold on June 15, 2026
Sale price
$1.59 per share
Price for 1,217 Ordinary Shares sold
Shares held after sale
23,924 shares
Direct Ordinary Share holdings following transaction
Option position 1
228,674 underlying shares at $4.17
Stock option expiring February 17, 2032
Option position 2
12,314 underlying shares at $4.17
Stock option expiring July 19, 2031
Option position 3
49,473 underlying shares at $1.07
Stock option expiring December 16, 2030
Net share change
-1,217 shares
Net buy/sell shares in transaction summary
Key Terms
performance share units, PSUs, restricted share units, RSUs, +2 more
6 terms
PSUs financial
"under performance share units ("PSUs") previously granted by the Issuer to the Reporting Person"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
RSUs financial
"The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
withholding tax obligations financial
"sale of ordinary shares on behalf of the Reporting Person to satisfy applicable withholding tax obligations arising from the grant"
vesting financial
"RSUs originally granted vest (and settle for underlying ordinary shares) on an equal, quarterly basis"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Freightos (CRGO) report for Ian Arroyo?
Freightos reported that Chief Strategy Officer Ian Arroyo sold 1,217 Ordinary Shares. The sale occurred on June 15, 2026 at $1.59 per share and was used to cover withholding tax obligations arising from previously granted performance share units.
What stock options on Freightos (CRGO) does Ian Arroyo still hold?
Ian Arroyo holds stock options over 228,674 Ordinary Shares at $4.17 expiring February 17, 2032, 12,314 underlying shares at $4.17 expiring July 19, 2031, and 49,473 underlying shares at $1.07 expiring December 16, 2030, all reported as direct holdings.
Does this Freightos (CRGO) Form 4 show any derivative exercises by Ian Arroyo?
No derivative exercises are reported in this Form 4. The filing lists derivative holdings as stock options with future expiration dates, but the transaction summary shows zero exercise transactions and zero exercise shares during the reported period.
What does the net-sell direction mean in this Freightos (CRGO) Form 4?
The transaction summary shows a net-sell direction based on 1,217 shares sold and no reported purchases. This reflects a small net reduction in Ordinary Shares, driven solely by the tax-related sale disclosed in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
