Freightos founder Zvi Schreiber discloses 6.1% stake, seeks board changes
Zvi Schreiber, founder and former CEO of Freightos Ltd, disclosed beneficial ownership of 3,131,931 ordinary shares (6.1% of the class) and stated his intention to engage with the board and shareholders to advocate for changes to board composition, leadership, and strategic direction. Schreiber, who served as CEO until January 2026 and left the board in February 2026, believes current strategy is impairing shareholder value and intends to propose shareholder resolutions at the annual general meeting, potentially including director nominations.
Key facts
- Zvi Schreiber owns 3,131,931 ordinary shares (6.1% of class)
- Schreiber served as CEO until January 2026 and board member until February 2026
- Schreiber intends to propose shareholder proposals or resolutions relating to board composition, leadership, and strategy at the annual general meeting
- Schreiber believes current board strategy since Q1 2026 is impairing performance and shareholder value
- Schreiber has communicated views to the board and intends to continue engagement with board, management, and other shareholders
Why it matters
Schreiber's 6.1% stake and explicit activist intentions position him as a potential proxy contest initiator with leverage to influence the company's strategic direction and governance, creating near-term uncertainty around board composition and capital allocation strategy.
Share
Derived from SCHEDULE 13D filed 2026-06-29. Not investment advice. View the source filing on SEC.gov →