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  4. [Form 3] Global-E Online Ltd. Initial Statement of Beneficial Ownership

Global-E (GLBE) CFO details options and RSU-based share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Global-E Online Ltd. CFO Ofer Koren has filed an initial statement of beneficial ownership. He holds stock options over 247,500 ordinary shares at an exercise price of 3.435 per share, expiring on August 18, 2030, which are fully vested but unexercised.

He also directly holds ordinary shares that were issued or are issuable upon vesting of RSU grants from June 26, 2024 and April 14, 2025, which vest 33% on the first anniversary of their respective vesting commencement dates and then in equal quarterly installments of approximately 8.37% over the following two years.

Positive

  • None.

Negative

  • None.
Insider Koren Ofer
Role CFO
Type Security Shares Price Value
holding Stock Option -- -- --
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Stock Option — 247,500 shares (Direct); Ordinary Shares — 48,047 shares (Direct)
Footnotes (1)
  1. 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 June 26, 2024, with a vesting commencement date of June 1, 2024. The RSUs vest in accordance with the following schedule: 33% of the RSUs vest on the first anniversary of the vesting commencement date, and the remaining RSUs vest in equal quarterly installments of approximately 8.37% following such anniversary over the subsequent two years 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, with a vesting commencement date of April 1, 2025. The RSUs vest in accordance with the following schedule: 33% of the RSUs shall vest upon the first anniversary of the vesting commencement date, and the remaining RSUs will vest in equal quarterly installments of approximately 8.37% following such anniversary over the subsequent two years. The options were granted on August 18, 2020 and were originally subject to time-based vesting. The options are now fully vested but remain unexercised.
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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
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1. Name and Address of Reporting Person*
Koren Ofer
(Last) (First) (Middle)
10 HAALIYA HASHNIA ST.
(Street)
HERZLIA L3
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026 		3. Issuer Name and Ticker or Trading Symbol
Global-E Online Ltd. [ GLBE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares(1) 48,047 D
Ordinary Shares(2) 42,437 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option(3) 08/02/2021 08/18/2030 Ordinary Shares 247,500 $3.435 D
Explanation of Responses:
1. 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 June 26, 2024, with a vesting commencement date of June 1, 2024. The RSUs vest in accordance with the following schedule: 33% of the RSUs vest on the first anniversary of the vesting commencement date, and the remaining RSUs vest in equal quarterly installments of approximately 8.37% following such anniversary over the subsequent two years
2. 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, with a vesting commencement date of April 1, 2025. The RSUs vest in accordance with the following schedule: 33% of the RSUs shall vest upon the first anniversary of the vesting commencement date, and the remaining RSUs will vest in equal quarterly installments of approximately 8.37% following such anniversary over the subsequent two years.
3. The options were granted on August 18, 2020 and were originally subject to time-based vesting. The options are now fully vested but remain unexercised.
Michal Yardeni 03/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does Global-E (GLBE) CFO Ofer Koren report in this Form 3?

He reports his initial beneficial ownership in Global-E. This includes fully vested but unexercised stock options over 247,500 ordinary shares and direct holdings of ordinary shares tied to restricted stock unit (RSU) grants with multi-year vesting schedules.

How many Global-E shares are covered by Ofer Koren’s stock options?

His stock options cover 247,500 underlying ordinary shares. These options were granted on August 18, 2020, are now fully vested, and remain unexercised, with an exercise price of 3.435 per share and an expiration date of August 18, 2030.

What are the key terms of Ofer Koren’s RSU grants at Global-E (GLBE)?

He has RSU-based ordinary share holdings from grants dated June 26, 2024, and April 14, 2025. For each grant, 33% vests on the first anniversary of the vesting commencement date, with the remaining units vesting in equal quarterly installments of about 8.37% over two years.

Is this Global-E (GLBE) Form 3 a buy or sell transaction?

It is not a buy or sell transaction. Form 3 here serves as an initial statement of beneficial ownership, listing existing stock options and RSU-based ordinary share holdings for CFO Ofer Koren, without reporting any new purchases or sales.

When do Ofer Koren’s Global-E stock options expire and are they vested?

The options were granted on August 18, 2020 and expire on August 18, 2030. According to the disclosure, they were originally subject to time-based vesting, are now fully vested, and remain unexercised, providing long-dated potential equity exposure.