Arroyo Ian 4

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.