Freightos (CRGO) CTO sells 2,517 shares in tax-related RSU sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freightos Ltd Chief Technology Officer Enric Alventosa Abril reported routine tax-related share sales tied to vested RSUs. On April 16, 2026, he sold a total of 2,517 Ordinary Shares at $1.85 per share in open-market transactions used as a sale-to-cover for tax liabilities on restricted share units.
Following these sales, he directly holds 29,650 Ordinary Shares. He also holds stock options over 42,217 Ordinary Shares at an exercise price of $8.44 expiring in 2032, and additional options over 58,048 and 35,181 Ordinary Shares at an exercise price of $4.17 expiring in 2032 and 2031, respectively. Footnotes describe RSU grants of 30,820 and 35,480 units that vest over multi‑year schedules, with some underlying shares eligible to be sold to cover tax liabilities as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,517 shares ($4,656)
Net Sell
6 txns
Insider
Alventosa Abril Enric
Role
Chief Technology Officer
Sold
2,517 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,170 | $1.85 | $2K |
| Sale | Ordinary Shares | 1,347 | $1.85 | $2K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 29,650 shares (Direct, null);
Stock Option (right to buy) — 35,181 shares (Direct, null)
Footnotes (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 (and settling for underlying ordinary shares) on July 15, 2023. The 30,820 RSUs originally granted vest 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 30,820 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 (and settling for underlying ordinary shares) on July 15, 2024. The 35,480 RSUs originally granted vest 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 ten quarters (6.66% per quarter) such that all such 35,480 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by December 31, 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 March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 31, 2026. The stock options reported in this row granted by the Issuer to the Reporting Person began vesting (and becoming exercisable for underlying ordinary shares) on October 1, 2022, in accordance with the following schedule: 25% of the options vested upon the one-year anniversary of the vesting commencement date and the remaining options vest equally on a quarterly basis over the following twelve quarters (6.125% per quarter) such that all such options will be vested by the four-year anniversary of the vesting commencement date.
Key Figures
Shares sold: 2,517 shares
Sale price: $1.85 per share
Shares held after: 29,650 shares
+5 more
8 metrics
Shares sold
2,517 shares
Ordinary Shares sold on April 16, 2026 at $1.85 in sale-to-cover
Sale price
$1.85 per share
Price for 2,517 Ordinary Shares sold on April 16, 2026
Shares held after
29,650 shares
Direct Ordinary Share holdings following April 16, 2026 transactions
RSU grant 1
30,820 RSUs
RSUs vesting from July 15, 2023 to July 15, 2026
RSU grant 2
35,480 RSUs
RSUs vesting from July 15, 2024 to December 31, 2027
Option tranche 1
42,217 underlying shares at $8.44
Stock option expiring November 2, 2032, direct ownership
Option tranche 2
58,048 underlying shares at $4.17
Stock option expiring February 17, 2032, direct ownership
Option tranche 3
35,181 underlying shares at $4.17
Stock option expiring April 27, 2031, direct ownership
Key Terms
sale-to-cover, restricted share units ("RSUs"), vesting commencement date, stock options, +1 more
5 terms
sale-to-cover financial
"consists of a sale-to-cover on behalf of the Reporting Person to cover tax liability"
vesting commencement date financial
"vested upon the one-year anniversary of the vesting commencement date and the remaining RSUs vest equally"
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 options financial
"The stock options reported in this row granted by the Issuer to the Reporting Person began vesting"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
open-market sale financial
"transaction_code_description": "Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Freightos (CRGO) CTO Enric Alventosa Abril report in this Form 4?
He reported routine tax-related sales of company shares. On April 16, 2026, he sold 2,517 Ordinary Shares at $1.85 each to cover tax liabilities arising from the vesting of previously granted restricted share units (RSUs).
What RSU grants are disclosed for the Freightos (CRGO) CTO in this filing?
The filing references RSU grants of 30,820 and 35,480 units. These RSUs vest over multi‑year periods starting in July 2023 and July 2024, with portions vesting quarterly and some underlying shares potentially sold to cover tax liability.
What stock options does the Freightos (CRGO) CTO retain after the reported transactions?
He holds stock options over 42,217 Ordinary Shares at $8.44 per share and 58,048 plus 35,181 Ordinary Shares at $4.17 per share. These options expire between 2031 and 2032 and continue to provide equity exposure.