Arroyo Ian 4

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.