Freightos (CRGO) CSO Ian Arroyo Sells 1,760 Shares

What Happened Ian Arroyo, Chief Strategy Officer of Freightos Ltd (CRGO), sold a total of 1,760 ordinary shares on July 16, 2026 in two transactions: 760 shares at $1.27 ($965) and 1,000 shares at $1.27 ($1,270), for combined proceeds of $2,235. The Form 4 reports these sales as code "S" (sale), and footnotes state the transactions were effected to cover tax liabilities arising from the vesting of restricted share units (RSUs).

Key Details

• Transaction date: July 16, 2026; price: $1.27 per share; totals: 760 shares ($965) and 1,000 shares ($1,270); combined proceeds $2,235.
• Reason: Footnote F1 — sales were to cover tax withholding on vested RSUs (routine tax‑withholding sale).
• Holdings after these sales (per filing footnotes): from a previously granted 7,000‑RSU award Arroyo holds 4,730 underlying shares after prior and current tax‑related sales (F2); from a 21,500‑RSU award he holds 18,513 RSUs/underlying shares after related sales (F3).
• Filing timeliness: Form 4 was filed July 20, 2026, which is within the SEC two‑business‑day reporting window for a July 16 transaction (appears timely).

Context These were tax‑withholding sales tied to vested RSUs, a routine administrative event (not necessarily a signal about the insider’s view of the stock). Footnotes F2 and F3 describe vesting schedules for the related RSU grants (one fully vested as of July 15, 2026 after reductions for tax sales; another vesting quarterly through July 15, 2027). Transaction code: S = Sale; F = tax withholding context.