Global-E Online (GLBE) CEO Amir Schlachet sells 16,814 shares, keeps large stake
Rhea-AI Filing Summary
Global-E Online Ltd. CEO and director Amir Schlachet reported a sale of 16,814 Ordinary Shares on 2026-08-12 at $42.4102 per share in an open-market or private transaction pursuant to a Rule 10b5-1 trading plan. Following this sale, he directly holds 3,948,286 Ordinary Shares, including multiple fully vested and unvested RSU grants. He also holds fully vested but unexercised stock options over 604,200 Ordinary Shares at an exercise price of $1.2010 expiring in 2029 and options over 882,600 Ordinary Shares at an exercise price of $4.1645 expiring in 2030.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 16,814 shares
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
16,814 shs ($713K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3, F4, F5, F6, F7 | 16,814 | $42.4102 | $713K |
| holding | Stock Option F8 | -- | -- | -- |
| holding | Stock Option F9 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,948,286 shares (Direct);
Stock Option — 1,486,800 shares (Direct)
Footnotes (9)
- F1. Includes 3,253,019 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: 16,814 Ordinary Shares
Sale price per share: $42.4102
Shares held after transaction: 3,948,286 Ordinary Shares
+5 more
8 metrics
Shares sold
16,814 Ordinary Shares
Sale on 2026-08-12 reported with code S
Sale price per share
$42.4102
Price per Ordinary Share for the 16,814-share sale
Shares held after transaction
3,948,286 Ordinary Shares
Direct holdings following the reported sale
2026 RSU grant size
282,172 RSUs
Grant on May 13, 2026 vesting through April 2029
Option exercise price
$1.2010
Exercise price for options over 604,200 shares expiring 2029-04-14
Option exercise price
$4.1645
Exercise price for options over 882,600 shares expiring 2030-04-20
Underlying shares for 2019 options
604,200 Ordinary Shares
Fully vested, unexercised options reported as holdings
Underlying shares for 2021 options
882,600 Ordinary Shares
Fully vested, unexercised options reported as holdings
Key Terms
Rule 10b5-1, Restricted Stock Units, vesting commencement date, exercise price, +1 more
5 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is marked, indicating a pre-arranged plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Restricted Stock Units financial
"Includes 51,546 RSUs granted to the Reporting Person by the Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting commencement date financial
"with a vesting commencement date of April 1, 2024 (the "Grant Date")"
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.
exercise price financial
"options over 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.
expiration date financial
"options expiring 2029-04-14 and 2030-04-20 as the expiration date"
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 insider transaction did Global-E Online (GLBE) report for Amir Schlachet?
Global-E Online reported that CEO and director Amir Schlachet sold 16,814 Ordinary Shares on 2026-08-12 at $42.4102 per share in a sale described as an open-market or private transaction.
Was the GLBE insider sale by Amir Schlachet made under a Rule 10b5-1 plan?
Yes. The filing indicates the Rule 10b5-1 checkbox is marked, meaning the reported sale of 16,814 Ordinary Shares was effected pursuant to a pre-arranged trading plan rather than a discretionary trade.
What stock options for Global-E Online (GLBE) does Amir Schlachet still hold?
He holds fully vested but unexercised stock options over 604,200 Ordinary Shares at an exercise price of $1.2010 expiring 2029-04-14 and options over 882,600 Ordinary Shares at $4.1645 expiring 2030-04-20, reported as informational holdings.
Did the GLBE Form 4 report any option exercises by Amir Schlachet?
No. The option rows are described as informational only; the options are fully vested but remain unexercised, and there were no transactions effected in respect of those securities on the reported date.
AI-generated analysis. How Rhea-AI works. Not financial advice.