Global-E Online (NASDAQ: GLBE) CEO logs small 8,333-share open-market 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 8,333 Ordinary Shares on June 1, 2026 at an average price of $33.5842 per share. After this sale, he directly holds 4,233,390 Ordinary Shares, so the transaction represents a small portion of his stake.
In addition to the common shares, Schlachet holds fully vested but unexercised stock options covering 882,600 Ordinary Shares at an exercise price of $4.1645 expiring on April 20, 2030, and options covering 604,200 Ordinary Shares at an exercise price of $1.2010 expiring on April 14, 2029. Footnotes also describe multiple RSU grants, several of which are fully vested and others that vest in scheduled installments, indicating a substantial ongoing equity-based compensation position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,333 shares ($279,857)
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
8,333 shs ($280K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 8,333 | $33.5842 | $280K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,233,390 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,538,123 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: 8,333 shares
Sale price: $33.5842 per share
Shares held after sale: 4,233,390 shares
+5 more
8 metrics
Shares sold
8,333 shares
Open-market sale of Ordinary Shares on June 1, 2026
Sale price
$33.5842 per share
Average price for 8,333-share sale
Shares held after sale
4,233,390 shares
Direct Ordinary Share holdings post-transaction
Option underlying shares 2030
882,600 shares
Fully vested stock options at $4.1645, expiring April 20, 2030
Option exercise price 2030 grant
$4.1645 per share
Exercise price for options over 882,600 shares
Option underlying shares 2029
604,200 shares
Fully vested stock options at $1.2010, expiring April 14, 2029
Option exercise price 2029 grant
$1.2010 per share
Exercise price for options over 604,200 shares
Net buy/sell shares
-8,333 shares
Net share change across reported transactions
Key Terms
open-market sale, Stock Option, RSUs, vesting, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
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.
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. The options are now fully vested but remain unexercised."
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 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 through April 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price": "4.1645""
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.
FAQ
What did GLBE CEO Amir Schlachet report in this Form 4 filing?
Amir Schlachet reported selling 8,333 Global-E Online Ltd. Ordinary Shares in an open-market transaction. The sale was at an average price of $33.5842 per share and left him with 4,233,390 Ordinary Shares held directly.
What stock options does the GLBE CEO hold after this Form 4 transaction?
Amir Schlachet holds fully vested but unexercised stock options over 882,600 Ordinary Shares at a $4.1645 exercise price and 604,200 Ordinary Shares at a $1.2010 exercise price, expiring in 2030 and 2029, respectively, according to the Form 4 data.
Is this GLBE Form 4 transaction a purchase or a sale by the CEO?
The Form 4 reports a sale. It classifies the 8,333- share transaction as an open-market sale of Global-E Online Ltd. Ordinary Shares, with the transaction code “S” and a transaction direction labeled as “sell.”