Globant (NYSE: GLOB) CEO Martin Migoya details stock and RSU holdings
Rhea-AI Filing Summary
Globant S.A. Chairman and CEO Martin Migoya reported his initial ownership position in a Form 3 filing. He holds 533,283 shares of common stock directly, including 323,527 restricted stock units that settle one-for-one into common shares as they vest on scheduled dates through June 1, 2030. He also reports 64,000 restricted stock units that can convert into common stock at an exercise price of $0.00, expiring on June 29, 2031, with vesting conditioned on meeting specified average stock price targets. In addition, 147,040 common shares are held indirectly through a revocable trust benefiting him, his wife and charitable institutions, for which Angerona Trust Company, LLC acts as independent trustee.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Includes 323,527 restricted stock units (RSUs), which settle on a one-for-one basis into shares of the issuer's common stock. Of these RSUs, 40,020 will vest on June 1, 2026; 64,297 will vest on June 1, 2027; 44,457 will vest on December 1, 2027; 53,530 will vest on June 1, 2028; 45,838 will vest on June 1, 2029; 44,458 will vest on December 1, 2029; and 30,927 will vest on June 1, 2030.
- F2. 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.
- F3. 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 Martin Migoya’s Form 3 for Globant (GLOB) disclose?
What restricted stock unit (RSU) awards are reported for Martin Migoya in Globant’s Form 3?
What are the vesting terms for Martin Migoya’s price-conditioned Globant RSUs?
Does the Globant (GLOB) Form 3 show any recent stock purchases or sales by Martin Migoya?
How does the trust structure affect Martin Migoya’s Globant (GLOB) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.