Globus Medical (NYSE: GMED) insider plans $2.2M sale
Rhea-AI Filing Summary
GLOBUS MEDICAL INC (GMED) received a Rule 144 notice for a proposed sale of restricted or control securities. A director, Stephen T. Zarrilli, plans to sell 25,000 shares of common stock through Raymond James & Associates on the NYSE, with an indicated aggregate value of $2,176,000.00. The shares are to be issued via a cashless option exercise with the issuer as of 08/18/2026.
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Key Figures
Shares to be sold: 25,000 shares
Aggregate sale value: $2,176,000.00
Planned transaction date: 08/18/2026
+2 more
5 metrics
Shares to be sold
25,000 shares
Common stock to be sold under Rule 144 for the account of Stephen T. Zarrilli
Aggregate sale value
$2,176,000.00
Indicated aggregate value of 25,000 common shares to be sold
Planned transaction date
08/18/2026
Date associated with the cashless option exercise and planned sale
Security identifier
134261914
Identifier listed for the common stock in the securities information section
Exchange
NYSE
Planned venue for sale of the 25,000 common shares
Key Terms
Rule 144, cashless option exercise, cashless exercise, attorney-in-fact
4 terms
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.
cashless option exercise financial
"Common | 08/18/2026 | Cashless Option Exercise | Issuer"
cashless exercise financial
"25000 | 08/18/2026 | Cashless Exercise"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
attorney-in-fact regulatory
"as attorney-in-fact for Stephen Zarrilli"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What transaction did GLOBUS MEDICAL INC (GMED) disclose in this Rule 144 filing?
The filing discloses a planned sale of 25,000 shares of Globus Medical common stock under Rule 144 by director Stephen T. Zarrilli, to be executed through Raymond James & Associates on the NYSE on 08/18/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.