[144] Global-E Online Ltd. SEC Filing

Rhea-AI Filing Summary

This Form 144 notice for Global-E Online Ltd. (GLBE) records a proposed sale of 25,000 common shares through Morgan Stanley Smith Barney LLC on 09/08/2025, with an aggregate market value of $894,500.00. The securities were acquired and paid for on 09/08/2025 via exercise of stock options and payment in cash. The issuer's reported number of shares outstanding is 169,726,072.

The filing also discloses three prior 10b5-1 sales by the same person in August 2025 totaling 100,000 common shares (25,000 on 08/28/2025 for $850,555.00; 25,000 on 08/22/2025 for $816,067.50; 50,000 on 08/21/2025 for $1,561,800.00). The filer certifies no undisclosed material adverse information and references Rule 10b5-1 trading plan language.

Positive

• Transaction follows standard procedures with broker assistance (Morgan Stanley Smith Barney LLC), indicating orderly execution.
• Use of 10b5-1 framework for prior sales provides prearranged plan transparency and reduces timing-related insider trading concerns.
• Filer certified they are not aware of undisclosed material adverse information, meeting Form 144 attestation requirements.

Negative

• Insider sales concentration: 100,000 shares sold in August 2025 plus the proposed 25,000 share sale may attract investor attention despite being routine.
• Potential perception risk: Multiple recent dispositions by the same person could be interpreted negatively by some market participants.

Insights

Securities Analyst

TL;DR: Routine insider exercise and planned disposition via broker; recent 10b5-1 sales show staged liquidity rather than an unexpected dump.

The filing documents a standard insider transaction: exercise of stock options followed by a planned sale through Morgan Stanley. The transaction size (25,000 shares) and disclosed aggregate market value ($894,500) are modest relative to the issuer's reported outstanding shares (169,726,072), suggesting limited dilution or market impact from this particular sale. The presence of prior 10b5-1 sales totaling 100,000 shares in August 2025 indicates the seller has been executing a prearranged selling program. For investors, this is informational about insider liquidity but does not present new financial performance data.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 and 10b5-1 practices; certification reduces regulatory risk if accurate.

The disclosure includes the required representations regarding lack of undisclosed material adverse information and cites reliance on Rule 10b5-1 where applicable. Use of an established broker and explicit dates of acquisition and sale strengthen procedural compliance. From a governance perspective, the filing demonstrates adherence to disclosure and insider trading policies, but repeated insider sales over a short period merit monitoring for governance context or potential signaling.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	25000	894500.00	169726072	09/08/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/08/2025	Exercise of Stock Options	Issuer			25000	09/08/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for OFER KOREN 9 HaPsagot Street Petah Tikva L3 4951041	Common	08/28/2025	25000	850555.00
10b5-1 Sales for OFER KOREN 9 HaPsagot Street Petah Tikva L3 4951041	Common	08/22/2025	25000	816067.50
10b5-1 Sales for OFER KOREN 9 HaPsagot Street Petah Tikva L3 4951041	Common	08/21/2025	50000	1561800.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Global-E Online Ltd. (GLBE) Form 144 disclose?

The filing discloses a proposed sale of 25,000 common shares on 09/08/2025 via Morgan Stanley Smith Barney LLC with aggregate market value $894,500.00 and notes prior 10b5-1 sales totaling 100,000 shares in August 2025.

How were the 25,000 shares acquired according to the filing?

The shares were acquired on 09/08/2025 by exercise of stock options, with payment made in cash on that date.

Who is the broker handling the proposed sale?

The broker named in the filing is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

What prior sales by the same person are reported in the filing?

Three 10b5-1 sales in August 2025 are listed: 25,000 shares on 08/28/2025 for $850,555.00; 25,000 shares on 08/22/2025 for $816,067.50; and 50,000 shares on 08/21/2025 for $1,561,800.00.

How many shares outstanding does the filing report for GLBE?

The filing reports 169,726,072 shares outstanding.