Global-E Online (NASDAQ: GLBE) CEO trims stake with 58K-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global-E Online Ltd. CEO Amir Schlachet reported an open-market sale of 58,331 Ordinary Shares at $36.2127 per share on June 26, 2026. After this transaction, he directly holds 4,141,727 Ordinary Shares.
The filing also lists fully vested but unexercised stock options covering 882,600 Ordinary Shares at a $4.1645 exercise price expiring April 20, 2030, and 604,200 Ordinary Shares at a $1.2010 exercise price expiring April 14, 2029. Footnotes describe multiple RSU grants, with some awards fully vested and others scheduled to vest in installments through April 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 58,331 shares ($2,112,323)
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
58,331 shs ($2.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 58,331 | $36.2127 | $2.11M |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,141,727 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,446,460 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: 58,331 shares
Sale price: $36.2127 per share
Ordinary shares held after sale: 4,141,727 shares
+5 more
8 metrics
Shares sold
58,331 shares
Open-market sale of Ordinary Shares on June 26, 2026
Sale price
$36.2127 per share
Price for 58,331 Ordinary Shares sold
Ordinary shares held after sale
4,141,727 shares
Direct holdings following June 26, 2026 sale
Underlying shares on option grant
882,600 shares
Fully vested options at $4.1645, expiring April 20, 2030
Option exercise price
$4.1645 per share
Stock Option on Ordinary Shares expiring April 20, 2030
Underlying shares on second option grant
604,200 shares
Fully vested options at $1.2010, expiring April 14, 2029
Second option exercise price
$1.2010 per share
Stock Option on Ordinary Shares expiring April 14, 2029
Largest RSU grant
282,172 RSUs
Granted May 13, 2026, vesting through April 2029
Key Terms
Stock Option, Ordinary Shares, RSUs, vesting commencement date, +1 more
5 terms
Stock Option financial
"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."
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 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.
vesting commencement date financial
"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 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.
Grant Date financial
"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"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Global-E (GLBE) CEO Amir Schlachet do in this Form 4 filing?
Amir Schlachet reported selling 58,331 Global-E Ordinary Shares in an open-market transaction. The sale was executed at $36.2127 per share, and he remains a large shareholder with 4,141,727 Ordinary Shares held directly after the transaction.
Does the Global-E (GLBE) CEO still hold stock options after this transaction?
Yes. The filing shows fully vested but unexercised stock options linked to 882,600 Ordinary Shares at a $4.1645 strike and 604,200 shares at a $1.2010 strike. These options expire in 2030 and 2029 respectively and remain outstanding.
What RSU awards are disclosed for the Global-E (GLBE) CEO?
Footnotes list several RSU grants, including 51,546, 89,499 and 100,159 RSUs that are fully vested. Additional grants of 87,018, 84,873 and 282,172 RSUs vest over time, with schedules running from their grant dates through April 2029, subject to continued service.
Were there any option exercises reported in this Global-E (GLBE) Form 4?
No option exercises were reported. Two stock option rows are included only for informational purposes, with footnotes stating no transactions occurred in those securities and that the options are fully vested but remain unexercised as of the reported date.