Schlachet Amir 4
4 · Global-E Online Ltd. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Global‑E (GLBE) CEO Amir Schlachet Sells 8,333 Shares
What Happened
Amir Schlachet, CEO and director of Global‑E Online Ltd. (GLBE), reported an open‑market sale of 8,333 ordinary shares on May 19, 2026 at $29.00 per share, for proceeds of approximately $241,659. This was a sale (transaction code S), which is commonly used for liquidity and is generally less informative than insider purchases.
Key Details
- Transaction date and price: May 19, 2026 — 8,333 shares sold at $29.00 each (total ≈ $241,659).
- Reported holdings: filing indicates 3,546,456 ordinary shares (footnote F1) and RSUs totaling 695,267 across multiple grants (F2–F7), implying roughly 4.24M shares/units when combining ordinary shares and RSUs. The 8,333‑share sale represents a very small fraction of those holdings (≈0.2%).
- RSU/option notes: Several RSU grants are noted — older grants (F2–F4) are fully vested; newer grants (F5–F7) vest over multi‑year schedules. There are also fully vested but unexercised options noted for informational purposes (F8–F9).
- Filing timeliness: Form 4 was filed May 21, 2026 for a May 19 transaction — appears to be a timely filing. No 10b5‑1 plan or tax‑withholding instruction is disclosed in the provided footnotes.
Context
This was a straightforward open‑market sale by the CEO for modest proceeds relative to his total reported holdings. Sales do not necessarily indicate negative views about the company; purchases are generally regarded as stronger signals of insider conviction. The RSU footnotes explain that many awards convert to one ordinary share upon vesting and include multi‑year vesting schedules for recent grants.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2][F3][F4][F5][F6][F7]2026-05-19$29.00/sh−8,333$241,659→ 4,241,723 total
- 604,200
Stock Option
[F8]Exercise: $1.20From: 2019-04-17Exp: 2029-04-14→ Ordinary Shares (604,200 underlying) - 882,600
Stock Option
[F9]Exercise: $4.16From: 2021-04-20Exp: 2030-04-20→ Ordinary Shares (882,600 underlying)
Footnotes (9)
- [F1]Includes 3,546,456 ordinary shares.
- [F2]Includes 51,546 RSUs granted to the Reporting Person by the Issuer on June 22, 2021. As of the date hereof, all of the RSUs have fully vested.
- [F3]Includes 89,499 RSUs granted to the Reporting Person by the Issuer on April 14, 2022. As of the date hereof, all of the RSUs have fully vested.
- [F4]Includes 100,159 RSUs granted to the Reporting Person by the Issuer on April 20, 2023. As of the date hereof, all of the RSUs have fully vested.
- [F5]Includes 87,018 RSUs granted to the Reporting Person by the Issuer on April 26, 2024, with a vesting commencement date of April 1, 2024 (the "Grant Date"). The RSUs vest as follows: 33% of the RSUs shall vest on the first anniversary of the Grant Date, and the remaining RSUs shall vest in equal quarterly installments thereafter through April 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F6]Includes 84,873 RSUs granted to the Reporting Person by the Issuer on April 14, 2025, with a vesting commencement date of April 1, 2025 (the "Grant Date"). The RSUs vest as follows: 33% of the RSUs shall vest on the first anniversary of the Grant Date, and the remaining RSUs shall vest in equal quarterly installments thereafter through April 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F7]Includes 282,172 RSUs granted to the Reporting Person by the Issuer on May 13, 2026, with a vesting commencement date of April 1, 2026 (the "Grant Date"). The RSUs vest as follows: 33% vest on the first anniversary of the Grant Date, and the remaining RSUs vest in equal quarterly installments thereafter through April 2029, subject to the Reporting Person's continued service to the Issuer on each applicable vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F8]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. The options are now fully vested but remain unexercised.
- [F9]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. The options are now fully vested but remain unexercised.