Gen Tsuchikawa of Global-E Online (GLBE) reports RSU-based share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Global-E Online Ltd. director Gen Tsuchikawa filed an initial Form 3 reporting his beneficial ownership of ordinary shares. The holdings include shares issued upon vesting of restricted share units (RSUs) granted on February 20, 2024, which are now fully vested.
The filing also reflects ordinary shares issued or issuable from additional RSU grants made on February 20, 2024 and April 14, 2025. One grant vests in three equal 33% annual installments starting on November 1, 2024, and another is scheduled to vest in full on April 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Tsuchikawa Gen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,810 shares (Direct)
Footnotes (1)
- Represents ordinary shares issued upon vesting and settlement of an equivalent number of restricted share units (RSUs) granted to the Reporting Person by the Issuer on February 20, 2024. As of the date hereof, all of the RSUs have fully vested. Represents ordinary shares issued or issuable upon vesting and settlement of an equivalent number of RSUs granted to the Reporting Person by the Issuer on February 20, 2024, with a vesting commencement date of November 1, 2023. The RSUs vest in accordance with the following schedule: 33% of the RSUs vest on the first anniversary of the vesting commencement date, 33% of the RSUs vest on the second anniversary of the vesting commencement date, and 33% of the RSUs vest on the third anniversary of the vesting commencement date. Represents ordinary shares issued or 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 full on April 1, 2026.
FAQ
What does Gen Tsuchikawa’s Form 3 for Global-E Online Ltd. (GLBE) report?
The Form 3 reports Gen Tsuchikawa’s initial beneficial ownership of Global-E Online ordinary shares. It shows shares received from vested restricted share units and additional shares that are scheduled to vest under RSU grants made in 2024 and 2025.
What RSU grant from February 20, 2024 is included in GLBE’s Form 3?
One February 20, 2024 RSU grant to Gen Tsuchikawa has fully vested, and the related ordinary shares are reported as owned. Another RSU grant from that date will vest in three 33% annual installments tied to a November 1, 2023 vesting commencement date.
How do the February 20, 2024 RSUs for GLBE vest over time?
For one February 20, 2024 RSU grant, 33% of the units vest on the first anniversary of November 1, 2023, 33% on the second anniversary, and 33% on the third anniversary, leading to full vesting over three annual milestones.
What is the vesting schedule for Gen Tsuchikawa’s April 14, 2025 RSUs at GLBE?
The April 14, 2025 RSU grant to Gen Tsuchikawa vests in full on April 1, 2026. The filing notes that ordinary shares are issued or will be issuable upon vesting and settlement of these RSUs on that vesting date.
Does Gen Tsuchikawa’s Form 3 for GLBE show any stock purchases or sales?
The Form 3 functions as an initial ownership report and does not list open-market share purchases or sales. Instead, it details ordinary shares issued or issuable from past RSU grants and their associated vesting schedules.