Global-E (NASDAQ: GLBE) CEO sells 16,666 shares but still holds 4.2M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global-E Online Ltd. CEO Amir Schlachet reported an open-market sale of 16,666 Ordinary Shares on June 16, 2026 at an average price of $32.1798 per share. Following this transaction, he directly holds 4,200,058 Ordinary Shares.
In addition, he holds fully vested but unexercised stock options over 882,600 Ordinary Shares at an exercise price of $4.1645, and options over 604,200 Ordinary Shares at an exercise price of $1.2010, with expirations in 2030 and 2029 respectively. Footnotes also describe multiple RSU grants, some fully vested and others vesting in stages through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,666 shares ($536,309)
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
16,666 shs ($536K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 16,666 | $32.1798 | $536K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,200,058 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,504,791 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. 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: 16,666 shares
Sale price: $32.1798 per share
Shares held after sale: 4,200,058 shares
+5 more
8 metrics
Shares sold
16,666 shares
Open-market sale of Ordinary Shares on June 16, 2026
Sale price
$32.1798 per share
Average price for 16,666 Ordinary Shares sold
Shares held after sale
4,200,058 shares
Direct Ordinary Share holdings post-transaction
Option strike price 1
$4.1645 per share
Exercise price for options over 882,600 Ordinary Shares
Underlying shares (option 1)
882,600 shares
Fully vested, unexercised stock options expiring 2030
Option strike price 2
$1.2010 per share
Exercise price for options over 604,200 Ordinary Shares
Underlying shares (option 2)
604,200 shares
Fully vested, unexercised stock options expiring 2029
Included RSUs (single grant example)
282,172 RSUs
Grant dated May 13, 2026, vesting through 2029
Key Terms
Stock Option, Ordinary Shares, RSUs, open-market sale, +2 more
6 terms
Stock Option financial
"security_title: "Stock Option" with underlying Ordinary Shares"
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.
RSUs financial
"Includes 51,546 RSUs granted to the Reporting Person by the Issuer"
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.
open-market sale financial
"transaction_action: "open-market sale" for the Ordinary Shares"
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.
vesting commencement date financial
"with a vesting commencement date of April 1, 2026 (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.
fully vested but remain unexercised financial
"The options are now fully vested but remain unexercised."
FAQ
What insider transaction did GLBE CEO Amir Schlachet report?
GLBE CEO Amir Schlachet reported an open-market sale of 16,666 Ordinary Shares. The shares were sold at an average price of $32.1798 on June 16, 2026, and the filing shows his updated direct shareholdings and remaining option and RSU positions afterward.
What was the sale price in the GLBE CEO’s June 2026 stock transaction?
The CEO’s reported sale was executed at an average price of $32.1798 per Ordinary Share. This price applies to the 16,666 shares sold in the open market or private transaction, as described in the Form 4’s non-derivative transaction section.
What stock options does the GLBE CEO still hold after the reported sale?
The CEO holds fully vested but unexercised stock options over 882,600 Ordinary Shares at a $4.1645 exercise price and options over 604,200 Ordinary Shares at a $1.2010 exercise price, with stated expiration dates in 2030 and 2029 respectively.
How do RSUs factor into the GLBE CEO’s equity position?
Footnotes state the CEO’s holdings include several RSU grants, some fully vested and others vesting quarterly through 2029. Each RSU represents the right to receive one Ordinary Share upon vesting and settlement, adding to his potential future share ownership.