Global-E CEO updates insider share holdings
Global-E Online Ltd. CEO Amir Schlachet filed an amended Form 3 to correct the number of non-derivative securities he beneficially owns after an administrative error.
Rhea-AI Filing Summary
Global-E Online Ltd. CEO Amir Schlachet filed an amended Form 3 to correct the number of non-derivative securities he beneficially owns after an administrative error. The amendment shows fully vested but unexercised stock options over 604,200 ordinary shares at an exercise price of $1.2010 and 882,600 ordinary shares at $4.1645. It also details direct holdings of 3,592,453 ordinary shares plus several additional blocks of shares linked to restricted share units (RSUs), many of which have fully vested, with newer RSU grants vesting 33% after one year and the balance in roughly 8.37% quarterly installments over the following two years. The filing updates ownership information only and does not report new purchase or sale transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Schlachet Amir
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 1,486,800 contracts (Direct);
Ordinary Shares — 4,005,548 shares (Direct)
Footnotes (8)
- F1. This amendment is being filed to correct the amount of non-derivative securities beneficially owned which was originally reported incorrectly due to an administrative error.
- F2. Represents ordinary shares issuable upon vesting of an equivalent number of restricted share units (RSUs) granted to the Reporting Person by the Issuer on June 22, 2021. As of the date hereof, all such RSUs have fully vested.
- F3. Represents ordinary shares issuable upon vesting of an equivalent number of RSUs granted to the Reporting Person by the Issuer on April 14, 2022. As of the date hereof, all of the RSUs have fully vested.
- F4. Represents ordinary shares issuable upon vesting of an equivalent number of RSUs granted to the Reporting Person by the Issuer on April 20, 2023. As of the date hereof, all of the RSUs have fully vested.
- F5. Represents ordinary shares issuable upon vesting and settlement of an equivalent number of RSUs granted to the Reporting Person by the Issuer on April 26, 2024, which vest in accordance with the following schedule: 33% of the RSUs shall vest upon the first anniversary of the grant date, and the remaining RSUs vest in equal quarterly installments of approximately 8.37% following such anniversary over the subsequent two years.
- F6. Represents ordinary shares issuable upon vesting and settlement of an equivalent number of RSUs granted to the Reporting Person by the Issuer on April 14, 2025, which vest in accordance with the following schedule: 33% of the RSUs shall vest upon the first anniversary of the grant date, and the remaining RSUs will vest in equal quarterly installments of approximately 8.37% following such anniversary over the subsequent two years.
- F7. The options were granted on April 14, 2019 and were originally subject to time-based vesting. The options are now fully vested but remain unexercised.
- F8. The options were granted on April 20, 2020 and were originally subject to time-based vesting. The options are now fully vested but remain unexercised.
Key Figures
Stock option underlying shares: 604,200 shares
Stock option underlying shares: 882,600 shares
Direct ordinary share holding: 3,592,453 shares
+5 more
8 metrics
Stock option underlying shares
604,200 shares
Underlying ordinary shares for option at $1.2010 exercise price; expires 2029-04-04
Stock option underlying shares
882,600 shares
Underlying ordinary shares for option at $4.1645 exercise price; expires 2030-04-20
Direct ordinary share holding
3,592,453 shares
Ordinary shares, direct ownership entry dated 2026-03-18
Additional ordinary shares block
51,546 shares
Ordinary shares linked to RSU grant, fully vested as of filing date
Additional ordinary shares block
89,499 shares
Ordinary shares issuable from fully vested RSUs granted April 20, 2023
Additional ordinary shares block
100,159 shares
Ordinary shares tied to RSUs granted April 26, 2024 with staged vesting
RSU vesting initial tranche
33%
Portion of 2024 and 2025 RSU grants vesting on first anniversary of grant date
RSU quarterly vesting rate
8.37%
Quarterly vesting installments for remaining RSUs over two years after first anniversary
Key Terms
non-derivative securities beneficially owned, restricted share units (RSUs), time-based vesting, fully vested but remain unexercised, +1 more
5 terms
non-derivative securities beneficially owned financial
"to correct the amount of non-derivative securities beneficially owned which was originally reported incorrectly"
time-based vesting financial
"The options were granted on April 14, 2019 and were originally subject to time-based vesting."
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
fully vested but remain unexercised financial
"The options are now fully vested but remain unexercised."
beneficially owned financial
"amount of non-derivative securities beneficially owned which was originally reported incorrectly"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Global-E (GLBE) CEO’s amended Form 3 filing change?
The amended Form 3 corrects the number of non-derivative Global-E ordinary shares CEO Amir Schlachet beneficially owns after an administrative error. It updates his direct share and option-based positions, but does not report any new purchases or sales.
What does the filing say about Global-E (GLBE) CEO RSU vesting schedules?
Earlier RSU grants from 2021–2023 are reported as fully vested. RSUs granted on April 26, 2024 and April 14, 2025 vest 33% after the first anniversary, with the remaining amounts vesting in roughly 8.37% quarterly installments over the following two years.
Does the Global-E (GLBE) CEO’s Form 3/A show any recent insider buying or selling?
No, the amendment describes holdings and corrections to previously reported amounts rather than new transactions. The transaction summary shows no buy, sell, exercise, gift, or tax-withholding entries, indicating this filing updates ownership records only.
AI-generated analysis. How Rhea-AI works. Not financial advice.
