Globant (NYSE: GLOB) officer discloses direct, trust and derivative equity stakes
Rhea-AI Filing Summary
Globant S.A. director and Chief Corp Development Officer Umaran Martin Gonzalo filed an initial ownership report showing a mix of direct and trust-held equity. He directly holds 268,902 shares of common stock, which include 124,236 restricted stock units (RSUs) that convert one-for-one into common shares as they vest between June 1, 2026 and June 1, 2030. In addition, a revocable trust holds 259,241 common shares for the benefit of the reporting person, his wife and charitable institutions, with Angerona Trust Company, LLC as independent trustee. He also has derivative awards consisting of options on 20,000 shares of common stock at an exercise price of $46.0000 per share expiring on May 4, 2028, and 22,500 RSUs expiring on June 29, 2031, whose vesting is conditioned on achieving an average minimum common stock price of $350 by June 29, 2026, increasing by $35 each year until June 29, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to Purchase Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 124,236 restricted stock units (RSUs), which settle on a one-for-one basis into shares of the issuer's common stock. Of these RSUs, 31,742 will vest on June 1, 2026; 5,000 will vest on August 23, 2026; 11,757 will vest on September 1, 2026; 2,500 will vest on December 1, 2026; 19,364 will vest on June 1, 2027; 8,521 will vest on December 1, 2027; 15,563 will vest on June 1, 2028; 12,834 will vest on June 1, 2029; 8,521 will vest on December 1, 2029; and 8,434 will vest on June 1, 2030. Shares held by a trust for the benefit of the reporting person, his wife and charitable institutions, for which Angerona Trust Company, LLC acts as independent trustee. Fully vested. Vesting conditioned on the achievement of an average minimum Common Stock price of $350 through (but excluding) June 29, 2026 and increased by $35 each year until June 29, 2031.