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Freightos Ltd·4

Apr 20, 4:05 PM ET

Alventosa Abril Enric 4

4 · Freightos Ltd · Filed Apr 20, 2026

Research Summary

AI-generated summary of this filing

Updated

Freightos (CRGO) CTO Enric Alventosa Sells 2,517 Shares

What Happened

  • Enric Alventosa, Chief Technology Officer of Freightos Ltd. (CRGO), sold a total of 2,517 ordinary shares on April 16, 2026. The sales were two disposals of 1,170 and 1,347 shares at $1.85 per share, generating total cash proceeds of $4,657. These sales were reported on a Form 4 filed April 20, 2026.
  • This was a sale (not a purchase). The filing indicates these sales were routine sale-to-cover transactions to satisfy tax withholding on vested restricted share units (RSUs), not an open-market investment purchase.

Key Details

  • Transaction date: 2026-04-16; Filing date (Form 4): 2026-04-20 (timely per Form 4 rules).
  • Trades: 1,170 shares @ $1.85 = $2,165; 1,347 shares @ $1.85 = $2,492; total 2,517 shares = $4,657.
  • Transaction type/code: S (sale); described as "open market or private sale" in the filing.
  • Footnotes: F1 indicates the sales were sale-to-cover to cover tax liability from RSU vesting. Additional footnotes (F2–F5) describe the RSU grant and vesting schedules; F6 describes option vesting schedules (informational).
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Exhibit noted: 24.1 (Power of Attorney).

Context

  • "Sale-to-cover" means the company or insider sold a portion of the vested RSU shares to pay taxes owed upon vesting. Such transactions are routine and common when equity awards vest and do not necessarily signal a view on the stock’s future direction.
  • For retail investors: purchases by insiders are generally more informative about confidence; routine tax-withholding sales like this are standard and should be interpreted accordingly.

Insider Transaction Report

Form 4
Period: 2026-04-16
Freightos LtdCRGO
Alventosa Abril Enric
Chief Technology Officer
Transactions
  • Sale

    Ordinary Shares

    [F1][F2]
    2026-04-16$1.85/sh−1,170$2,165→ 29,650 total
  • Sale

    Ordinary Shares

    [F1][F3]
    2026-04-16$1.85/sh−1,347$2,492→ 34,133 total
Holdings

  • Ordinary Shares

    [F4][F5]
    25,000

  • Stock Option (right to buy)

    [F4]
    Exercise: $4.17From: 2025-04-01Exp: 2031-04-27→ Ordinary Shares (35,181 underlying)
    35,181

  • Stock Option (right to buy)

    [F4]
    Exercise: $4.17From: 2026-01-01Exp: 2032-02-17→ Ordinary Shares (58,048 underlying)
    58,048

  • Stock Option (right to buy)

    [F4][F6]
    Exercise: $8.44Exp: 2032-11-02→ Ordinary Shares (42,217 underlying)
    42,217
Footnotes (6)
  • [F1]The transaction reported in this row consists of a sale-to-cover on behalf of the Reporting Person to cover tax liability for vesting of restricted share units ("RSUs") that had been granted by the Issuer to the Reporting Person.
  • [F2]The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting (and settling for underlying ordinary shares) on July 15, 2023. The 30,820 RSUs originally granted vest in accordance with the following schedule: 33.33% of the RSUs vested upon the one-year anniversary of the vesting commencement date and the remaining RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such 30,820 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by the three-year anniversary of the vesting commencement date (July 15, 2026).
  • [F3]The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting (and settling for underlying ordinary shares) on July 15, 2024. The 35,480 RSUs originally granted vest in accordance with the following schedule: 33.33% of the RSUs vested upon the one-year anniversary of the vesting commencement date and the remaining RSUs vest equally on a quarterly basis over the following ten quarters (6.66% per quarter) such that all such 35,480 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by December 31, 2027.
  • [F4]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.
  • [F5]The ordinary shares reported in this row consist of shares underlying RSUs granted by the Issuer to the Reporting Person that began vesting on March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 31, 2026.
  • [F6]The stock options reported in this row granted by the Issuer to the Reporting Person began vesting (and becoming exercisable for underlying ordinary shares) on October 1, 2022, in accordance with the following schedule: 25% of the options vested upon the one-year anniversary of the vesting commencement date and the remaining options vest equally on a quarterly basis over the following twelve quarters (6.125% per quarter) such that all such options will be vested by the four-year anniversary of the vesting commencement date.
Signature
/s/ Max Sitnick, Attorney-in-fact|2026-04-20

Documents

2 files