Globant (NYSE: GLOB) CTO details 78,320 shares and performance RSU awards
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Globant S.A. Chief Technology Officer Diego Tartara filed an initial ownership report showing his equity position in the company. He directly holds 78,320 shares of common stock, including 61,763 restricted stock units that vest in stages between June 1, 2026 and June 1, 2030. He also holds 10,000 restricted stock units that convert to common stock at an exercise price of $0.0000, subject to the stock reaching an average minimum price of $350 by June 29, 2026, increasing by $35 each year until June 29, 2031. The filing does not report any new purchases or sales, only existing holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tartara Diego
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,000 shares (Direct);
Common Stock — 78,320 shares (Direct)
Footnotes (1)
- Includes 61,763 restricted stock units (RSUs), which settle on a one-for-one basis into shares of the issuer's common stock, subject to the reporting person's continued service through the applicable vesting date. Of these RSUs, 7,356 will vest on June 1, 2026; 11,883 will vest on June 1, 2027; 8,521 will vest on December 1, 2027; 10,533 will vest on June 1, 2028; 9,326 will vest on June 1, 2029; 8,521 will vest on December 1, 2029; and 5,623 will vest on June 1, 2030. 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 Diego Tartara’s Form 3 filing for Globant (GLOB) show?
The Form 3 shows Globant CTO Diego Tartara’s existing equity holdings, including 78,320 common shares and multiple restricted stock unit (RSU) grants. It is an initial ownership statement, not a report of new share purchases or sales.
What restricted stock units are included in Diego Tartara’s Globant (GLOB) holdings?
His holdings include 61,763 RSUs that each convert one-for-one into Globant common stock. These RSUs vest in tranches on set dates between June 1, 2026 and June 1, 2030, subject to his continued service with the company.
What are the performance conditions on Diego Tartara’s 10,000 Globant (GLOB) RSUs?
The 10,000 RSUs vest only if Globant’s average common stock price reaches at least $350 by June 29, 2026, then rises by $35 each year. These price hurdles apply annually through June 29, 2031 for vesting to occur.
What is the exercise price of Diego Tartara’s performance-based Globant (GLOB) RSUs?
The 10,000 performance-based restricted stock units have an exercise price of $0.0000 per share. They settle into Globant common stock on a one-for-one basis if the specified average stock price and timing conditions are satisfied.