Arroyo Ian 4
4 · Freightos Ltd · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Freightos (CRGO) Chief Strategy Officer Ian Arroyo Sells Shares
What Happened
Ian Arroyo, Chief Strategy Officer of Freightos Ltd (CRGO), sold 3,901 ordinary shares on July 2, 2026 at $1.31 per share, generating roughly $5,110 in proceeds. The Form 4 (filed July 7, 2026) reports the sale was effected to satisfy tax withholding obligations arising from recently vested restricted share units (RSUs).
Key Details
- Transaction date and price: July 2, 2026 — 3,901 shares sold at $1.31 each (≈ $5,110 total). Transaction code: S (sale).
- Reason: Sale made to satisfy tax withholding on RSU vesting (see footnote F1).
- RSU context: Multiple RSU grants remain outstanding with staggered vesting schedules (see F2–F10). Notable schedules include a 36,000-RSU grant that began vesting 7/1/2025 (33.33% vested 7/1/2026, remainder quarterly through 7/1/2028) and an April 1, 2026 grant vesting through April 1, 2029.
- Holdings after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Form 4 filed July 7, 2026 for a July 2 transaction — timely (filed within the two business-day window, accounting for the July 3 holiday observance).
- Other: Exhibit 24.1 (Power of Attorney) attached to the filing.
Context
This sale appears routine — a tax-withholding sale tied to RSU vesting rather than an open-market decision to reduce a large position. Such withholding sales are common after equity awards and typically do not signal a change in insider conviction.
Insider Transaction Report
Form 4
Freightos LtdCRGO
Arroyo Ian
Chief Strategy Officer
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-07-02$1.31/sh−3,901$5,110→ 32,099 total
Holdings
- 6,244
Ordinary Shares
[F3][F4] - 20,505
Ordinary Shares
[F3][F5] - 37,500
Ordinary Shares
[F3][F6] - 37,500
Ordinary Shares
[F3][F7] - 23,924
Ordinary Shares
[F3] - 38,000
Ordinary Shares
[F3][F8] - 38,000
Ordinary Shares
[F3][F9] - 54,600
Ordinary Shares
[F3][F10] - 49,473
Stock Option (right to buy)
[F3]Exercise: $1.07From: 2024-12-01Exp: 2030-12-16→ Ordinary Shares (49,473 underlying) - 12,314
Stock Option (right to buy)
[F3]Exercise: $4.17From: 2025-07-01Exp: 2031-07-19→ Ordinary Shares (12,314 underlying) - 228,674
Stock Option (right to buy)
[F3]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 sale of ordinary shares on behalf of the Reporting Person to satisfy applicable withholding tax obligations arising from the vesting of restricted share units ("RSUs") 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]The ordinary shares reported in this row consist of the remaining shares (following sales to cover tax liability) underlying 36,000 RSUs originally granted to the Reporting Person by the Issuer that began vesting on July 1, 2025. 33.33% of such RSUs vested on July 1, 2026 (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 (reduced by any RSUs for which underlying shares have been sold to cover tax liability) will be fully vested by the three-year anniversary of the vesting commencement date (July 1, 2028).
- [F3]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.
- [F4]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 have been sold to cover tax liability) will be vested by July 15, 2026.
- [F5]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 have been sold to cover tax liability) will be vested by July 15, 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 December 31, 2027.
- [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 March 13, 2025 and that vest (and settle for underlying ordinary shares) in their entirety on July 15, 2026.
- [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|2026-07-07