Global-E Online (GLBE) CEO logs small 6,194-share sale, keeps large stake
Rhea-AI Filing Summary
Global-E Online Ltd. CEO Amir Schlachet reported an open-market sale of 6,194 ordinary shares at $32.452 per share. After this sale, he directly holds 3,967,884 ordinary shares, including multiple fully vested and future-vesting RSU grants.
The filing also shows fully vested but unexercised stock options covering 882,600 ordinary shares at $4.1645 per share expiring on April 20, 2030 and 604,200 ordinary shares at $1.2010 per share expiring on April 14, 2029, which are reported for informational purposes only.
Positive
- None.
Negative
- None.
Insights
CEO sale is small relative to his overall equity position.
The filing shows CEO Amir Schlachet sold 6,194 ordinary shares at $32.452 each. This is modest compared with his remaining direct holding of 3,967,884 shares, suggesting the transaction represents limited portfolio or liquidity management.
He also retains fully vested but unexercised stock options over 882,600 shares at $4.1645 and 604,200 shares at $1.2010, plus several RSU grants. The overall picture is that the CEO maintains substantial exposure to Global-E Online Ltd., while this single sale slightly reduces his direct stake.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 6,194 | $32.452 | $201K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Footnotes (1)
- Includes 3,554,789 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, which 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, which 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. 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. 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.