Global-E (NASDAQ: GLBE) CEO sells 81K shares under trading plan
Rhea-AI Filing Summary
Global-E Online Ltd. CEO Amir Schlachet reported selling 81,556 Ordinary Shares of GLBE on 2026-08-14 at a weighted-average price of $42.3016 per share in an open-market or private transaction made pursuant to a Rule 10b5-1 trading plan. Following the sale, he directly holds 3,766,730 Ordinary Shares, which include multiple grants of vested and unvested RSUs. He also holds fully vested but unexercised stock options covering 604,200 Ordinary Shares at an exercise price of $1.2010 expiring on 2029-04-14, and options covering 882,600 Ordinary Shares at an exercise price of $4.1645 expiring on 2030-04-20.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 81,556 shares
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
81,556 shs ($3.45M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3, F4, F5, F6, F7 | 81,556 | $42.3016 | $3.45M |
| holding | Stock Option F8 | -- | -- | -- |
| holding | Stock Option F9 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,766,730 shares (Direct);
Stock Option — 1,486,800 shares (Direct)
Footnotes (9)
- F1. Includes 3,071,463 ordinary shares.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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: 81,556 shares
Sale price: $42.3016 per share
Shares held after sale: 3,766,730 shares
+4 more
7 metrics
Shares sold
81,556 shares
Ordinary Shares sold on 2026-08-14 in open-market or private transaction
Sale price
$42.3016 per share
Weighted-average price for 81,556 Ordinary Shares sold on 2026-08-14
Shares held after sale
3,766,730 shares
Total direct Ordinary Share holdings following the reported sale
Option underlying shares (2019 grant)
604,200 shares
Ordinary Shares underlying fully vested but unexercised options at $1.2010
Option exercise price (2019 grant)
$1.2010 per share
Exercise price for options expiring 2029-04-14 over 604,200 shares
Option underlying shares (2021 grant)
882,600 shares
Ordinary Shares underlying fully vested but unexercised options at $4.1645
Option exercise price (2021 grant)
$4.1645 per share
Exercise price for options expiring 2030-04-20 over 882,600 shares
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units (RSUs), Stock Option, exercise price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"transactions were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units (RSUs) financial
"Includes 51,546 RSUs granted to the Reporting Person by the Issuer"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Stock Option financial
"Stock Option underlying Ordinary Shares with specified exercise price"
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.
exercise price financial
"options covering 604,200 Ordinary Shares at an exercise price of $1.2010"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting commencement date financial
"RSUs granted with a vesting commencement date of April 1, 2026"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
What insider transaction did GLBE CEO Amir Schlachet report on this Form 4?
Amir Schlachet reported selling 81,556 GLBE Ordinary Shares on 2026-08-14 at $42.3016 per share. The transaction was classified as a sale in an open-market or private transaction and was made under a Rule 10b5-1 trading plan.
What stock option positions in GLBE does CEO Amir Schlachet report holding?
Amir Schlachet reports fully vested but unexercised options over 604,200 GLBE shares at an exercise price of $1.2010 expiring 2029-04-14, and 882,600 shares at an exercise price of $4.1645 expiring 2030-04-20, all held directly.
Are the stock options reported by GLBE’s CEO in this Form 4 newly exercised or just holdings?
The stock options reported are holdings only; no transactions occurred in those options. Footnotes state the options are fully vested but remain unexercised, and they are included in the disclosure for informational purposes rather than reflecting new activity.
Do the GLBE insider transactions reported by Amir Schlachet relate to a Rule 10b5-1 plan?
Yes. The filing indicates the transactions were made pursuant to a Rule 10b5-1 trading plan. Such plans allow pre-arranged trading of shares, which can reduce the informational significance of the specific timing of the reported sale for outside investors.
AI-generated analysis. How Rhea-AI works. Not financial advice.