Global-E CEO sells 1,022 shares at $31.272
Global-E Online Ltd. CEO Amir Schlachet sold 1,022 ordinary shares of Global-E Online Ltd. in an open-market transaction at $31.272 per share.
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Form Type
4
Rhea-AI Filing Summary
Global-E Online Ltd. CEO Amir Schlachet sold 1,022 ordinary shares of Global-E Online Ltd. in an open-market transaction at $31.272 per share. After this sale, he directly holds 3,974,078 ordinary shares, which include multiple fully vested and unvested RSU grants. He also holds fully vested but unexercised stock options over 882,600 ordinary shares at an exercise price of $4.1645 expiring on April 20, 2030, and 604,200 ordinary shares at an exercise price of $1.2010 expiring on April 14, 2029.
Insider Trade Summary 10b5-1
Net Seller: 1,022 shares
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
1,022 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,022 | $31.272 | $32K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,974,078 shares (Direct);
Stock Option — 1,486,800 contracts (Direct)
Footnotes (8)
- F1. Includes 3,560,983 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, 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.
- F6. 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.
- F7. 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.
- 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.
Key Figures
Shares sold: 1,022 shares
Sale price: $31.272 per share
Shares held after sale: 3,974,078 shares
+5 more
8 metrics
Shares sold
1,022 shares
Open-market sale of ordinary shares at $31.272 per share
Sale price
$31.272 per share
Price for 1,022 ordinary shares sold by CEO Amir Schlachet
Shares held after sale
3,974,078 shares
Direct ordinary share holdings following the 1,022-share sale
Option position 1
882,600 underlying shares at $4.1645
Fully vested stock options expiring April 20, 2030
Option position 2
604,200 underlying shares at $1.2010
Fully vested stock options expiring April 14, 2029
Fully vested RSUs (2021 grant)
51,546 RSUs
RSUs granted June 22, 2021, now fully vested
Fully vested RSUs (2022 grant)
89,499 RSUs
RSUs granted April 14, 2022, now fully vested
Fully vested RSUs (2023 grant)
100,159 RSUs
RSUs granted April 20, 2023, now fully vested
Key Terms
RSUs, Ordinary Shares, Stock Option, fully vested, +2 more
6 terms
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.
Stock Option financial
"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.
fully vested financial
"As of the date hereof, all of the RSUs have fully vested."
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.
expiration date financial
"expiration_date: "2030-04-20T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Global-E (GLBE) CEO Amir Schlachet report?
Amir Schlachet reported selling 1,022 ordinary shares at $31.272 per share. The transaction was an open-market sale, and it reduced his direct common share holdings to 3,974,078 shares while leaving his existing RSU awards and stock options unchanged.
What RSU grants are disclosed for Global-E (GLBE) CEO Amir Schlachet?
The filing lists multiple RSU grants totaling several hundred thousand units. These include 51,546, 89,499 and 100,159 fully vested RSUs, plus 87,018 and 84,873 RSUs that vest over time through 2027 and 2028, contingent on continued service with Global-E Online Ltd.
What stock options does the Global-E (GLBE) CEO retain according to this Form 4?
Schlachet holds fully vested but unexercised stock options over 882,600 and 604,200 ordinary shares. The options have exercise prices of $4.1645 and $1.2010 per share and expire on April 20, 2030 and April 14, 2029, respectively, if not exercised earlier.
Were there any option exercises reported in this Global-E (GLBE) Form 4?
No option exercises were reported in this filing. The option rows are included for informational purposes only, and the footnotes state that the options are fully vested but remain unexercised, with no transactions effected in respect of those derivative securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
