Global-E (NASDAQ: GLBE) CEO sells 8,333 shares, retains 4.24M
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 at $29.0003 per share. After this sale, he directly holds 4,241,723 ordinary shares, including previously granted and largely vested RSUs.
In addition to his shareholdings, Schlachet 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 options over 604,200 ordinary shares at an exercise price of $1.2010, expiring on April 14, 2029. Footnotes clarify that these option positions were unchanged on the reported date and are included for informational purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,333 shares ($241,659)
Net Sell
3 txns
Insider
Schlachet Amir
Role
CEO
Sold
8,333 shs ($242K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 8,333 | $29.0003 | $242K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,241,723 shares (Direct, null);
Stock Option — 604,200 shares (Direct, null)
Footnotes (1)
- Includes 3,546,456 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: $29.0003/share
Shares held after sale: 4,241,723 shares
+3 more
6 metrics
Shares sold
8,333 shares
Open-market sale of ordinary shares at $29.0003 on May 19, 2026
Sale price
$29.0003/share
Price per ordinary share in CEO’s open-market sale
Shares held after sale
4,241,723 shares
Ordinary shares directly owned by CEO following transaction
Option underlying shares 2030
882,600 shares at $4.1645
Fully vested stock options expiring April 20, 2030
Option underlying shares 2029
604,200 shares at $1.2010
Fully vested stock options expiring April 14, 2029
RSU grant May 13, 2026
282,172 RSUs
RSUs vesting from April 1, 2026 through April 2029
Key Terms
open-market sale, Stock Option, RSUs, fully vested, +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
"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"
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.
fully vested financial
"As of the date hereof, all of the RSUs have fully vested"
vesting commencement date financial
"with a vesting commencement date of April 1, 2026"
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.
FAQ
What insider transaction did Global-E (GLBE) CEO Amir Schlachet report?
Amir Schlachet reported an open-market sale of 8,333 Global-E ordinary shares. The transaction was coded as an “S” sale and took place at a price of $29.0003 per share on May 19, 2026.
Were the stock options in the Global-E (GLBE) Form 4 exercised in this filing?
No, the stock options listed were not exercised in this filing. Footnotes explicitly state there were no transactions in those rows and that the fully vested options remain unexercised, shown only for informational purposes.
What RSU grants for Global-E (GLBE) does the CEO have according to this filing?
The filing notes multiple RSU grants, including 51,546, 89,499, and 100,159 RSUs that are fully vested, plus 87,018, 84,873, and 282,172 RSUs with vesting schedules extending through April 2029, each RSU convertible into one ordinary share upon vesting.