Indave Sesma Andrea 4
4 · Freightos Ltd · Filed Apr 20, 2026
Research Summary
AI-generated summary of this filing
Freightos (CRGO) VP Andrea Indave Sesma Sells Shares
What Happened
- Andrea Indave Sesma, Vice President, Human Resources at Freightos Ltd (CRGO), executed two open-market sales on April 16, 2026 to cover tax withholding related to vested restricted share units (RSUs).
- She sold 193 shares at $1.85 each for $357 and 653 shares at $1.85 each for $1,208, totaling 846 shares and approximately $1,565 in proceeds. These are reported as sales (S) and are described as sale-to-cover transactions.
Key Details
- Transaction dates and prices: Apr 16, 2026 — 193 shares @ $1.85 ($357) and 653 shares @ $1.85 ($1,208).
- Total shares sold: 846; total proceeds: ~$1,565.
- Purpose: Sale-to-cover to satisfy tax withholding on vested RSUs (footnote F1).
- Related vesting info: Filing notes RSU grants that began vesting on July 15, 2023 (5,850 RSUs), July 15, 2024 (19,830 RSUs), and July 15, 2025, with typical 1-year cliff (33.33%) then quarterly vesting over two more years (per footnotes F2–F5).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Report period Apr 16, 2026; Form 4 filed Apr 20, 2026 — filed within the standard two business-day window.
- Other: Exhibit 24.1 (Power of Attorney) is included.
Context
- These were routine tax-withholding (sale-to-cover) transactions tied to RSU vesting, which are common and do not necessarily signal an insider view on the company’s prospects. No option exercise or open-market purchase was reported.
Insider Transaction Report
Form 4
Freightos LtdCRGO
Indave Sesma Andrea
VP, Human Resources
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-04-16$1.85/sh−193$357→ 5,657 total - Sale
Ordinary Shares
[F1][F3]2026-04-16$1.85/sh−653$1,208→ 19,177 total
Holdings
- 3,500
Ordinary Shares
[F4] - 28,000
Ordinary Shares
[F4][F5] - 7,476
Stock Option (right to buy)
[F4]Exercise: $1.45From: 2023-08-03Exp: 2029-11-06→ Ordinary Shares (7,476 underlying) - 5,629
Stock Option (right to buy)
[F4]Exercise: $4.17From: 2026-01-01Exp: 2032-02-17→ Ordinary Shares (5,629 underlying)
Footnotes (5)
- [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 on July 15, 2023 and that vest (and settle for underlying ordinary shares) in accordance with the following schedule: Of the 5,850 RSUs originally granted, 33.33% of those RSUs vested upon the one-year anniversary of the vesting commencement date and the remainder of those RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such 5,850 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 on July 15, 2024 and that vest (and settle for underlying ordinary shares) in accordance with the following schedule: Of the 19,830 RSUs originally granted, 33.33% of those RSUs vested upon the one-year anniversary of the vesting commencement date and the remainder of those RSUs vest equally on a quarterly basis over the following eight quarters (8.3325% per quarter) such that all such 19,830 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, 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 July 15, 2025 and that vest (and settle for underlying ordinary shares) 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 RSUs will be vested by the three-year anniversary of the vesting commencement date.
Signature
/s/ Max Sitnick, Attorney-in-fact|2026-04-20