Global-E (GLBE) COO trims stake with 25,949-share sale, retains options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global-E Online Ltd. COO Tamari Shahar sold 25,949 ordinary shares in an open-market transaction at $34.79 per share. After this sale, Shahar directly owns 3,790,225 ordinary shares, reflecting a continued large equity stake in the company.
The filing also lists fully vested but unexercised stock options covering 882,600 ordinary shares at an exercise price of $4.1645, expiring in April 2030, and 604,200 ordinary shares at an exercise price of $1.2010, expiring in April 2029. Footnotes detail multiple RSU grants, most of which are already fully vested, with additional RSUs scheduled to vest through 2028, indicating ongoing equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 25,949 shares ($902,766)
Net Sell
3 txns
Insider
Tamari Shahar
Role
COO
Sold
25,949 shs ($903K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 25,949 | $34.79 | $903K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,790,225 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,377,130 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: 25,949 shares
Sale price: $34.79 per share
Shares held after sale: 3,790,225 shares
+5 more
8 metrics
Shares sold
25,949 shares
Open-market sale of ordinary shares at $34.79 per share
Sale price
$34.79 per share
Price for 25,949 ordinary shares sold
Shares held after sale
3,790,225 shares
Direct ordinary share holdings following the transaction
Option underlying shares (4.1645)
882,600 shares
Fully vested stock options at $4.1645, expiring April 2030
Option underlying shares (1.2010)
604,200 shares
Fully vested stock options at $1.2010, expiring April 2029
Fully vested 2021 RSUs
51,546 RSUs
RSUs granted June 22, 2021, now fully vested
Fully vested 2022 RSUs
89,499 RSUs
RSUs granted April 14, 2022, now fully vested
2024 RSUs vesting through 2027
87,018 RSUs
Grant from April 26, 2024, vesting through April 2027
Key Terms
Stock Option, Ordinary Shares, RSUs, open-market sale, +2 more
6 terms
Stock Option financial
"Includes fully vested but unexercised Stock Option positions over 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 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.
open-market sale financial
"Transaction code S reflects an open-market sale of 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.
exercise price financial
"Stock options have an exercise price of $4.1645 and $1.2010 per share"
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.
fully vested financial
"Several RSU grants are described as fully vested as of the date hereof"
FAQ
What insider transaction did Global-E (GLBE) report for COO Tamari Shahar?
COO Tamari Shahar sold 25,949 Global-E ordinary shares in an open-market transaction at $34.79 per share. Following this sale, Shahar still directly holds 3,790,225 ordinary shares, maintaining a substantial ownership position in the company.
What stock options does Tamari Shahar hold according to the Global-E (GLBE) Form 4?
Shahar holds fully vested but unexercised stock options over 882,600 ordinary shares at a $4.1645 exercise price expiring in April 2030, and 604,200 ordinary shares at a $1.2010 exercise price expiring in April 2029, all reported as direct holdings.
What RSU grants for Tamari Shahar are disclosed in the Global-E (GLBE) filing?
The filing notes RSU grants of 51,546 (June 2021), 89,499 (April 2022), and 100,159 (April 2023), all fully vested. Additional RSUs of 87,018 (April 2024) and 84,873 (April 2025) vest over schedules extending through 2027 and 2028 respectively.
Did the Global-E (GLBE) Form 4 report any new option exercises by Tamari Shahar?
No new option exercises are reported. The filing clarifies there were no transactions for the listed option positions and that these options, which are fully vested, remain unexercised, with the holdings included for informational purposes only.