Globant (NYSE: GLOB) CFO details stock, option and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Globant S.A. Chief Financial Officer Juan Ignacio Urthiague filed an initial ownership report showing his equity stake in the company. He directly owns 129,987 shares of common stock, plus options to purchase common stock at an exercise price of $50.92 per share expiring on October 10, 2028. He also holds restricted stock units that convert one-for-one into common shares, with specific tranches scheduled to vest from June 1, 2026 through June 1, 2030, and certain awards vesting only if the average stock price reaches at least $350 by dates up to June 29, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Urthiague Juan Ignacio
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to Purchase Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Options to Purchase Common Stock — 1,500 shares (Direct);
Restricted Stock Units — 11,500 shares (Direct);
Common Stock — 129,987 shares (Direct)
Footnotes (1)
- Includes 103,049 restricted stock units (RSUs), which settle on a one-for-one basis into shares of the issuer's common stock. Of these RSUs, 10,476 will vest on June 1, 2026; 3,000 will vest on December 1, 2026; 20,392 will vest on June 1, 2027; 11,521 will vest on December 1, 2027; 18,245 will vest on June 1, 2028; 3,000 will vest on December 1, 2028; 16,648 will vest on June 1, 2029; 8,521 will vest on December 1, 2029; and 11,246 will vest on June 1, 2030. 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.
FAQ
What does Globant (GLOB) CFO Juan Ignacio Urthiague report in this Form 3?
He reports his initial beneficial ownership in Globant. The filing shows 129,987 common shares held directly, plus options and restricted stock units that can convert into additional shares over time, subject to vesting schedules and performance conditions.
What stock options does the Globant (GLOB) CFO report in this Form 3?
He reports options to purchase common stock at $50.92 per share. These options are exercisable into underlying shares and are scheduled to expire on October 10, 2028, giving him multi-year upside exposure if Globant’s share price exceeds the exercise price.
How do the Globant (GLOB) restricted stock units held by the CFO work?
The restricted stock units settle one-for-one into common shares. Specific tranches are scheduled to vest between June 1, 2026 and June 1, 2030, meaning shares will be delivered over several years as time-based vesting conditions are satisfied.
What performance conditions apply to some Globant (GLOB) RSUs held by the CFO?
Certain RSUs vest only if share price targets are met. Vesting is conditioned on achieving an average minimum stock price of $350 through June 29, 2026, with the threshold increasing by $35 each year until June 29, 2031.
Does this Globant (GLOB) Form 3 show any new stock purchases or sales by the CFO?
No new purchases or sales are shown in this report. The Form 3 lists existing holdings in common stock, options, and restricted stock units, serving as an initial snapshot of the CFO’s equity position with the company.