Global-E Online Ltd. (GLBE) CEO sells 100,000 shares, retains major option stakes
Rhea-AI Filing Summary
Global-E Online Ltd. CEO and director Amir Schlachet reported selling 100,000 Ordinary Shares of GLBE on 2026-08-07 at $42.1955 per share in an open-market or private transaction made pursuant to a Rule 10b5-1 trading plan. Following this sale, he directly holds 3,965,422 Ordinary Shares, including multiple vested and unvested RSU grants, and retains fully vested but unexercised stock options over 1,486,800 Ordinary Shares at exercise prices of $1.2010 and $4.1645 expiring in 2029 and 2030.
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Insider Trade Summary 10b5-1
Net Seller: 100,000 shares
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
100,000 shs ($4.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3, F4, F5, F6, F7 | 100,000 | $42.1955 | $4.22M |
| holding | Stock Option F8 | -- | -- | -- |
| holding | Stock Option F9 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,965,422 shares (Direct);
Stock Option — 1,486,800 shares (Direct)
Footnotes (9)
- F1. Includes 3,270,155 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: 100,000 Ordinary Shares
Sale price: $42.1955 per share
Shares held after sale: 3,965,422 Ordinary Shares
+3 more
6 metrics
Shares sold
100,000 Ordinary Shares
Sale by CEO Amir Schlachet on 2026-08-07
Sale price
$42.1955 per share
Price for 100,000 Ordinary Shares sold
Shares held after sale
3,965,422 Ordinary Shares
Direct holdings following the 2026-08-07 transaction
Stock option exercise price
$1.2010
Fully vested options over 604,200 shares expiring 2029-04-14
Stock option exercise price
$4.1645
Fully vested options over 882,600 shares expiring 2030-04-20
Vested option underlying shares
1,486,800 Ordinary Shares
Total underlying shares of fully vested unexercised options
Key Terms
Rule 10b5-1, Restricted Stock Units (RSUs), Stock Option
3 terms
Rule 10b5-1 regulatory
"Transaction was effected pursuant to a Rule 10b5-1 trading 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 (RSUs) financial
"Includes 51,546 RSUs granted to the Reporting Person by the Issuer"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Stock Option financial
"Stock Option underlying 604,200 Ordinary Shares, now fully vested"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GLBE CEO Amir Schlachet report?
Amir Schlachet reported selling 100,000 Ordinary Shares of Global-E Online Ltd. on 2026-08-07 at $42.1955 per share in an open-market or private transaction under a Rule 10b5-1 plan.
Were the GLBE CEO’s stock sales under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was made under a Rule 10b5-1 trading plan, meaning the sale of 100,000 shares followed a pre-arranged plan rather than discretionary market timing.
Did the GLBE Form 4 report any option exercises by the CEO?
No. The reported stock options are described as fully vested but remain unexercised; they are included for informational purposes only, with no option exercise transactions on the reported date.