Corporate GovernanceMay 26, 2026, 07:47 AM
Freightos Amends Chairman's RSU Grant to Fixed 121,952 Shares
AI Summary
Freightos Limited's Board of Directors approved an amendment to the equity compensation of its independent Chairman, Udo Lange. The amendment changes the previously disclosed Restricted Share Unit (RSU) grant from a variable number based on future stock price to a fixed grant of 121,952 RSUs. These RSUs will vest in four equal annual installments of 30,488 ordinary shares each, starting July 28, 2026. The one-time options award of 300,000 shares remains unchanged.
Key Highlights
- Freightos Board amended Chairman Udo Lange's RSU grant on April 28, 2026.
- Original RSU grant had an approximate value of $300,000.
- Amended RSU grant is now a fixed 121,952 RSUs.
- RSUs will vest in four equal annual installments of 30,488 ordinary shares.
- First installment of 30,488 shares will settle on July 28, 2026.
- Original options award of 300,000 shares remains unchanged.
Price Impact
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