Global-E Online (GLBE) COO sells shares but keeps 3.78M stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global-E Online Ltd. COO Tamari Shahar sold shares while retaining a large stake and significant options. Shahar sold 8,333 ordinary shares in an open-market transaction at $31.272 per share. After this sale, Shahar directly holds 3,776,702 ordinary shares, including multiple fully vested and unvested RSUs.
Shahar also holds stock options over 882,600 ordinary shares at a $4.1645 exercise price expiring in April 2030, and options over 604,200 ordinary shares at a $1.2010 exercise price expiring in April 2029. These options are fully vested but remain unexercised, so they represent additional potential future share ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,333 shares ($260,590)
Net Sell
3 txns
Insider
Tamari Shahar
Role
COO
Sold
8,333 shs ($261K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 8,333 | $31.272 | $261K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,776,702 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,363,607 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.
Key Figures
Shares sold: 8,333 shares
Sale price: $31.272 per share
Shares held after sale: 3,776,702 shares
+4 more
7 metrics
Shares sold
8,333 shares
Open-market sale of ordinary shares on 2026-05-06
Sale price
$31.272 per share
Price for 8,333 ordinary shares sold
Shares held after sale
3,776,702 shares
Direct ordinary share holdings following transaction
Option 1 exercise price
$4.1645 per share
Stock option over 882,600 ordinary shares, expires 2030-04-20
Option 1 underlying shares
882,600 shares
Underlying ordinary shares for $4.1645 options
Option 2 exercise price
$1.2010 per share
Stock option over 604,200 ordinary shares, expires 2029-04-14
Option 2 underlying shares
604,200 shares
Underlying ordinary shares for $1.2010 options
Key Terms
RSUs, Stock Option, Ordinary Shares, fully vested, +1 more
5 terms
RSUs financial
"Includes 51,546 RSUs granted to the Reporting Person by the Issuer on June 22, 2021."
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.
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.
fully vested financial
"As of the date hereof, all of the RSUs have fully vested."
expiration date financial
"expiration_date": "2030-04-20T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Global-E Online (GLBE) COO Tamari Shahar do in this Form 4?
Tamari Shahar sold 8,333 Global-E Online ordinary shares in an open-market transaction at $31.272 per share. After the sale, Shahar continues to directly hold 3,776,702 ordinary shares, plus significant vested stock options and RSU-based holdings reported in the filing’s footnotes.
How do RSUs factor into Tamari Shahar’s Global-E Online (GLBE) holdings?
Footnotes state Shahar’s holdings include multiple RSU grants, such as 51,546 RSUs from June 2021 and 89,499 from April 2022, which are fully vested. Additional RSUs from 2024 and 2025 vest over time through 2027 and 2028, each representing the right to receive one ordinary share.
Does this Global-E Online (GLBE) Form 4 show any option exercises by Tamari Shahar?
No option exercises are reported. The filing notes there were no transactions for the stock option rows, which are included for informational purposes only. The options are fully vested but remain unexercised, giving Shahar potential future rights to acquire additional ordinary shares.