Freightos CSO awarded 4,000 CRGO shares
Freightos Ltd Chief Strategy Officer Ian Arroyo received 4,000 ordinary shares of CRGO as a share grant tied to performance criteria under previously awarded performance share units.
Rhea-AI Filing Summary
Freightos Ltd Chief Strategy Officer Ian Arroyo received 4,000 ordinary shares of CRGO as a share grant tied to performance criteria under previously awarded performance share units. The grant carried a price of $0.00 per share and increased his directly held ordinary shares to 25,141.
The other rows mainly update existing holdings, including multiple blocks of ordinary shares underlying restricted share units that vest over schedules running through July 15, 2029. Arroyo also holds stock options over 228,674, 12,314, and 49,473 ordinary shares at exercise prices of $4.17 and $1.07 per share with expirations between 2030 and 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,000 shares
Grant/Award
12 txns
Insider
Arroyo Ian
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 4,000 | $0.00 | $0.00 |
| 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 — 293,490 shares (Direct);
Stock Option (right to buy) — 290,461 contracts (Direct)
Footnotes (10)
- F1. The transaction reported in this row consists of the grant of ordinary shares to the Reporting Person by the wholly-independent compensation committee of the board of directors of the Issuer upon the Reporting Person's 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
Share grant: 4,000 shares
Shares after grant: 25,141 shares
Stock option 1: 228,674 shares at $4.17
+3 more
6 metrics
Share grant
4,000 shares
Ordinary shares granted at $0.00 per share
Shares after grant
25,141 shares
Direct ordinary shares following the 4,000-share grant
Stock option 1
228,674 shares at $4.17
Option over ordinary shares, expiring February 17, 2032
Stock option 2
12,314 shares at $4.17
Option over ordinary shares, expiring July 19, 2031
Stock option 3
49,473 shares at $1.07
Option over ordinary shares, expiring December 16, 2030
Unknown-code entries
11 holdings rows
Reported as informational only; no transactions effected
Key Terms
performance share units (PSUs), restricted share units ("RSUs"), stock option (right to buy), vesting commencement date, +1 more
5 terms
stock option (right to buy) financial
"security_title": "Stock Option (right to buy)""
vesting commencement date financial
"RSUs granted ... that began vesting on July 1, 2025 and that vest ... from 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Freightos (CRGO) executive Ian Arroyo report in this Form 4?
Ian Arroyo reported a grant of 4,000 Freightos ordinary shares as compensation. These shares were awarded upon meeting performance criteria under previously granted performance share units, increasing his directly held ordinary shares to 25,141 while leaving his option and RSU schedules unchanged.
Are the other entries in Ian Arroyo’s Freightos (CRGO) Form 4 new trades?
No, a footnote explains there were no transactions in those rows. Those entries are included for informational purposes only, mainly showing existing holdings of ordinary shares and restricted share units with various vesting schedules extending through 2029.
What stock options does Ian Arroyo hold in Freightos (CRGO)?
He holds stock options over 228,674 and 12,314 ordinary shares at a $4.17 exercise price and 49,473 shares at $1.07. These options expire between December 2030 and February 2032 and reflect potential future share acquisitions if exercised.
What RSU vesting schedules are disclosed for Freightos (CRGO) executive Ian Arroyo?
The filing describes multiple RSU grants that vest quarterly or cliff-vest, with start dates in 2025 and 2026. Vesting runs through dates including July 15, 2026, July 15, 2027, December 30, 2026, December 30, 2027, December 31, 2027, and April 1, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
