STOCK TITAN

Globant (NYSE: GLOB) officer to sell 6,000 shares from incentive plan

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Globant S.A. (GLOB) has an affiliate, officer Diego Tartara, filing a notice of proposed sale of common stock under Rule 144. The notice covers up to 6,000 shares of common stock to be sold through Merrill Lynch on the NYSE in two blocks sourced from the company’s Global Equity Incentive Plan.

The proposed sales consist of 4,500 shares dated 08/27/2024 and 1,500 shares dated 09/05/2024, with Globant S.A. listed as the issuer and Diego Tartara as the person for whose account the securities are to be sold.

Positive

  • None.

Negative

  • None.
Common shares to be sold 6,000 shares Total common stock covered by the Rule 144 notice
First planned sale amount 4,500 shares Common stock dated 08/27/2024 under Global Equity Incentive Plan
Second planned sale amount 1,500 shares Common stock dated 09/05/2024 under Global Equity Incentive Plan
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Global Equity Incentive Plan financial
"Common Stock | 08/27/2024 | Global Equity Incentive Plan | Issuer"
A global equity incentive plan is a company program that gives employees and executives part ownership through stock options or restricted shares across all countries where the company operates — like paying bonuses with slices of the company instead of cash. It matters to investors because it aligns worker rewards with a company’s stock performance, can help retain talent, and also affects each shareholder’s stake and earnings per share by increasing the number of shares outstanding.
person regulatory
"See the definition of "person" in paragraph (a) of Rule 144."

FAQ

What does the Form 144 filing disclose for GLOB?

The filing discloses that officer Diego Tartara plans to sell up to 6,000 shares of Globant S.A. common stock under Rule 144 through Merrill Lynch on the NYSE, with shares coming from the company’s Global Equity Incentive Plan.

How many GLOB shares are covered by Diego Tartara’s Rule 144 notice?

The notice covers a proposed sale of 6,000 shares of Globant S.A. common stock. These shares are split into two planned transactions of 4,500 shares and 1,500 shares under the Global Equity Incentive Plan.

On what dates are the GLOB share sales planned in this Form 144?

The proposed sales are dated 08/27/2024 for 4,500 shares and 09/05/2024 for 1,500 shares of Globant S.A. common stock, according to the Rule 144 notice filed by Diego Tartara.

What is the source of the GLOB shares in Diego Tartara’s Form 144?

The shares to be sold are associated with the company’s Global Equity Incentive Plan, with Globant S.A. listed as the issuer of the common stock being reported for potential sale.

Which broker and exchange are involved in the planned GLOB share sales?

The proposed sale of 6,000 Globant S.A. (GLOB) common shares lists Merrill Lynch as the broker and identifies the NYSE as the securities exchange on which the shares are to be sold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature