Tax-cover sales at Freightos (CRGO) reduce CSO share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freightos Ltd Chief Strategy Officer Ian Arroyo reported routine tax-related share sales tied to vesting restricted share units (RSUs). On April 16, 2026, sale-to-cover transactions disposed of 1,751 ordinary shares at $1.85 per share to satisfy tax liabilities on newly vested RSUs, according to the footnotes. The filing also lists ongoing equity exposure through direct ordinary share holdings and multiple stock option grants over Freightos ordinary shares, with exercise prices ranging from $1.07 to $4.17 and expirations extending to 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,751 shares ($3,239)
Net Sell
12 txns
Insider
Arroyo Ian
Role
Chief Strategy Officer
Sold
1,751 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 756 | $1.85 | $1K |
| Sale | Ordinary Shares | 995 | $1.85 | $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 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 6,244 shares (Direct, null);
Stock Option (right to buy) — 49,473 shares (Direct, null)
Footnotes (1)
- The transaction reported in this row consists of a sale-to-cover (to cover tax liability) on behalf of the Reporting Person of ordinary shares received upon 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 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. 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. 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 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. 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. 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. 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. 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. 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
Net shares sold: 1,751 shares
Sale price: $1.85 per share
Shares after one sale line: 20,505 shares
+2 more
5 metrics
Net shares sold
1,751 shares
Net open-market sale-to-cover transactions on April 16, 2026
Sale price
$1.85 per share
Price for both reported open-market sales of ordinary shares
Shares after one sale line
20,505 shares
Ordinary shares shown as owned following a reported sale entry
Largest option position
228,674 underlying shares
Stock option over Freightos ordinary shares at $4.17, expiring February 17, 2032
Additional option grant
49,473 underlying shares
Stock option at $1.07 exercise price, expiring December 16, 2030
Key Terms
sale-to-cover, restricted share units ("RSUs"), Stock Option (right to buy), vesting, +1 more
5 terms
sale-to-cover financial
"consists of a sale-to-cover (to cover tax liability) on behalf of the Reporting Person"
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
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.
