Epple-Righi Iris 4
Research Summary
AI-generated summary
Global‑E (GLBE) Director Iris Epple‑Righi Receives RSU Award
What Happened Iris Epple‑Righi, a director of Global‑E Online Ltd. (GLBE), received a grant of 6,271 restricted share units (RSUs) on May 13, 2026. The filing reports a per‑share value of $31.90, for a total reported value of $200,020. This is an award/grant (acquisition code A), not an open‑market purchase or sale—the RSUs are contingent and will convert to ordinary shares only upon vesting.
Key Details
- Transaction date: May 13, 2026; reported on Form 4 filed May 14, 2026 (timely filing).
- Grant: 6,271 RSUs at $31.90 per RSU; aggregate reported value $200,020.
- Vesting: Vesting commencement date April 1, 2026; these RSUs vest in full on the first anniversary (April 1, 2027), subject to continued service (see footnote F1).
- Shares already issued from prior RSU grants: filing notes previously vested and settled RSUs totaling 24,949 ordinary shares (sums of F2–F7); those RSUs are fully vested/issued as of the filing.
- Filing does not list a consolidated total of all shares beneficially owned after this grant in the provided summary; the 6,271 RSUs remain contingent until vesting.
Context RSU grants are a common form of compensation for executives and directors. They represent a conditional right to receive ordinary shares in the future (upon vesting) and are not the same as an immediate market purchase — therefore they do not directly signal buying or selling in the open market. The reported $31.90 value is the per‑share amount used in the Form 4 to quantify the grant; actual tax and settlement mechanics will follow company policies when the RSUs vest.