Alventosa Abril Enric 4

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.