Arroyo Ian 4
4 · Freightos Ltd · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Freightos (CRGO) CSO Ian Arroyo Receives 4,000-Share Award
What Happened Ian Arroyo, Chief Strategy Officer of Freightos Ltd (ticker: CRGO), was issued 4,000 ordinary shares on June 10, 2026 as an award (transaction code A). The shares were reported with an acquisition price of $0.00, reflecting issuance as compensation rather than an open-market purchase. The filing indicates these shares were granted by the company’s independent compensation committee upon achievement of performance criteria under previously awarded performance share units (PSUs).
Key Details
- Transaction date: June 10, 2026 (Form 4 filed June 11, 2026) — filing appears timely.
- Transaction type/code: Award/Grant (A); reported acquisition price $0.00; total cash paid = $0.
- Shares involved: 4,000 ordinary shares issued to Ian Arroyo.
- Shares owned after transaction: Not specified in the rows provided in this summary (the Form 4 lists additional RSU/PSU holdings and vesting schedules but does not state a single total holding here).
- Notable footnote: F1 — the grant represents settlement of PSUs after meeting performance criteria. Other footnotes (F3–F10) in the filing describe various RSU grants and their vesting schedules (some vesting through 2029).
- No indication of a 10b5-1 plan, cashless exercise, sale, or gift in this transaction row.
Context This was an equity award settling performance-based units, not a market purchase or sale. Awards like this are routine forms of executive compensation and reflect achievement of pre-set performance goals; they do not, by themselves, indicate the insider is buying or selling shares in the market. Retail investors tracking insider activity should note the award and review the separate RSU/PSU vesting schedules disclosed in the filing for potential future share issuances.
Insider Transaction Report
Form 4
Freightos LtdCRGO
Arroyo Ian
Chief Strategy Officer
Transactions
- Award
Ordinary Shares
[F1]2026-06-10+4,000→ 25,141 total
Holdings
- 6,244
Ordinary Shares
[F2][F3] - 20,505
Ordinary Shares
[F2][F4] - 37,500
Ordinary Shares
[F2][F5] - 37,500
Ordinary Shares
[F2][F6] - 36,000
Ordinary Shares
[F2][F7] - 38,000
Ordinary Shares
[F2][F8] - 38,000
Ordinary Shares
[F2][F9] - 54,600
Ordinary Shares
[F2][F10] - 49,473
Stock Option (right to buy)
[F2]Exercise: $1.07From: 2024-12-01Exp: 2030-12-16→ Ordinary Shares (49,473 underlying) - 12,314
Stock Option (right to buy)
[F2]Exercise: $4.17From: 2025-07-01Exp: 2031-07-19→ Ordinary Shares (12,314 underlying) - 228,674
Stock Option (right to buy)
[F2]Exercise: $4.17From: 2026-01-01Exp: 2032-02-17→ Ordinary Shares (228,674 underlying)
Footnotes (10)
- [F1]The transaction reported in this row consists of the grant of ordinary shares to the Reporting Person by the wholly-independent compensation committee of the board of directors of the Issuer upon the Reporting Person's achievement of performance criteria under performance share units (PSUs) previously granted by the Issuer to the Reporting Person.
- [F10]The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person that were granted to, and began vesting for, the Reporting Person on April 1, 2026 and that vest and settle for underlying ordinary shares based on the following schedule: 33% of the subject RSUs will vest upon the one-year anniversary of the grant date (April 1, 2027), and the remainder of the RSUs will vest in eight equal installments at the conclusion of each of the following eight quarters (8.25% per quarter), such that the RSUs will be fully vested by the three-year anniversary of the vesting commencement date (April 1, 2029).
- [F2]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.
- [F3]The ordinary shares reported in this row consist of shares underlying restricted share units ("RSUs") that were granted to the Reporting Person by the Issuer that began vesting on October 15, 2025. The 7,000 RSUs originally granted vest (and settle for underlying ordinary shares) on an equal, quarterly basis over three calendar quarters (33.33% per quarter) such that all such 7,000 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by July 15, 2026.
- [F4]The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person by the Issuer that began vesting on October 15, 2025. The 21,500 RSUs originally granted vest (and settle for underlying ordinary shares) on an equal, quarterly basis over seven calendar quarters (approximately 14.286% per quarter) such that all such 21,500 RSUs (reduced by any RSUs for which underlying shares are sold to cover tax liability) will be vested by July 15, 2027.
- [F5]The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person by the Issuer that began vesting on March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 31, 2027.
- [F6]The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person by the Issuer that began vesting on March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on July 15, 2026.
- [F7]The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person by the Issuer that began vesting on July 1, 2025 and that vest (and settle for underlying ordinary shares) in accordance with the following schedule: 33.33% of the RSUs vest 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.
- [F8]The ordinary shares reported in this row consist of shares underlying RSUs granted to the Reporting Person by the Issuer that began vesting on October 15, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 30, 2026.
- [F9]The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person by the Issuer that began vesting on October 15, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on December 30, 2027.
Signature
/s/ Max Sitnick, Attorney-in-fact|2026-06-11