Global-E (GLBE) COO sells 24,999 shares, still holds 3.9M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global-E Online Ltd. Chief Operating Officer Tamari Shahar reported an open-market sale of 24,999 ordinary shares at $36.8143 per share. After this sale, Shahar directly holds 3,931,686 ordinary shares, plus unexercised stock options covering 882,600 shares at $4.1645 and 604,200 shares at $1.2010.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 24,999 shares ($920,321)
Net Sell
3 txns
Insider
Tamari Shahar
Role
COO
Sold
24,999 shs ($920K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 24,999 | $36.8143 | $920K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,931,686 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,236,419 ordinary shares. Includes 51,546 RSUs granted to the Reporting Person by the Issuer on June 22, 2021. As of the date hereof, all of the RSUs have fully vested. Includes 89,499 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. Includes 100,159 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. Includes 87,018 RSUs granted to the Reporting Person by the Issuer on April 26, 2024, with a vesting commencement date of April 1, 2024 (the "Grant Date"). The RSUs vest as follows: 33% of the RSUs shall vest on the first anniversary of the Grant Date, and the remaining RSUs shall vest in equal quarterly installments thereafter through April 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 84,873 RSUs granted to the Reporting Person by the Issuer on April 14, 2025, with a vesting commencement date of April 1, 2025 (the "Grant Date"). The RSUs vest as follows: 33% of the RSUs shall vest on the first anniversary of the Grant date, and the remaining RSUs shall vest in equal quarterly installments thereafter through April 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting Date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 282,172 RSUs granted to the Reporting Person by the Issuer on May 13, 2026, with a vesting commencement date of April 1, 2026 (the "Grant Date"). The RSUs vest as follows: 33% vest on the first anniversary of the Grant Date, and the remaining RSUs vest in equal quarterly installments thereafter through April 2029, subject to the Reporting Person's continued service to the Issuer on each applicable vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. 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 options are now fully vested but remain unexercised.
Key Figures
Shares sold: 24,999 shares
Sale price: $36.8143 per share
Shares held after sale: 3,931,686 shares
+5 more
8 metrics
Shares sold
24,999 shares
Open-market sale of ordinary shares
Sale price
$36.8143 per share
Price for the 24,999-share sale
Shares held after sale
3,931,686 shares
Ordinary shares directly held post-transaction
Option underlying shares 1
882,600 shares
Stock option exercisable at $4.1645, expiring 2030-04-20
Option exercise price 1
$4.1645 per share
Exercise price for 882,600-share option
Option underlying shares 2
604,200 shares
Stock option exercisable at $1.2010, expiring 2029-04-14
Option exercise price 2
$1.2010 per share
Exercise price for 604,200-share option
Net shares sold
24,999 shares
Net-sell direction per transaction summary
Key Terms
Stock Option, Ordinary Shares, open-market sale, RSUs, +2 more
6 terms
Stock Option financial
"security_title: "Stock Option""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
RSUs financial
"Includes 51,546 RSUs granted to the Reporting Person"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"The RSUs vest as follows: 33% of the RSUs shall vest"
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.
fully vested financial
"As of the date hereof, all of the RSUs have fully vested"
FAQ
What insider transaction did Global-E (GLBE) report for Tamari Shahar?
Global-E reported that COO Tamari Shahar executed an open-market sale of 24,999 ordinary shares. The shares were sold at a price of $36.8143 each, according to the Form 4 insider trading disclosure.
What stock options does Tamari Shahar retain in Global-E (GLBE)?
Shahar retains unexercised stock options linked to 882,600 ordinary shares at a $4.1645 exercise price and 604,200 ordinary shares at a $1.2010 exercise price. These derivative positions remain outstanding with expirations in 2029 and 2030.
Does the Form 4 for Global-E (GLBE) include information about RSUs?
Yes. Footnotes describe several RSU grants to Tamari Shahar, including fully vested awards from 2021–2023 and additional RSUs from 2024–2026 that vest over time, each representing the right to receive one ordinary share upon vesting and settlement.