STOCK TITAN

GMED insider sale via cashless option: 10,000 shares worth $584K

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for Globus Medical, Inc. (GMED) reports a proposed sale of 10,000 shares of common stock through Raymond James & Associates on the NYSE with an approximate aggregate market value of $584,000. The filer shows the securities were acquired and are to be sold on 09/15/2025 pursuant to a cashless stock option, with payment and acquisition both recorded on that date. The filing lists 98,254,456 shares outstanding for the issuer. The filer attests they do not possess undisclosed material adverse information and includes the standard Rule 10b5-1/trading-plan notice language.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine insider sale via cashless option; size is immaterial relative to shares outstanding.

The notice documents an insider or related person's intended disposition of 10,000 shares valued at $584,000 via Raymond James on 09/15/2025, funded by a cashless exercise of stock options. Against total outstanding shares of 98,254,456 the position represents a de minimis percentage, so this filing is unlikely to be material to market valuation. The representation regarding lack of undisclosed material information and the Rule 10b5-1 language is standard and reduces regulatory ambiguity.

TL;DR: Compliance appears standard; disclosures and attestations align with typical Rule 144 and 10b5-1 procedures.

The form specifies acquisition and sale via cashless stock option on the same date, which is a common method for executives to monetize option value. Presence of broker details and the seller's attestation about material nonpublic information follows best practices. No unusual clauses, trading-plan dates, or multiple recent sales are disclosed, limiting governance concerns from this filing alone.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 for Globus Medical (GMED) disclose?

The filing discloses a proposed sale of 10,000 common shares via Raymond James on 09/15/2025, acquired and to be sold under a cashless stock option, valued at $584,000.

How large is the proposed sale relative to GMED's outstanding shares?

The filing reports 98,254,456 shares outstanding; 10,000 shares represent a de minimis percentage of the outstanding share count.

Was the sale part of a trading plan under Rule 10b5-1?

The form includes the standard Rule 10b5-1/trading-plan notice language but does not provide a plan adoption date in the remarks section.

Who is the broker handling the proposed sale on GMED's Form 144?

The broker named is Raymond James & Associates located at 880 Carillon Parkway, St. Petersburg, FL; the exchange listed is the NYSE.

Does the filing report any other securities sold in the past three months?

No; the filing states 'Nothing to Report' for securities sold during the past three months for the person whose account is being sold.
Globus Med Inc

NYSE:GMED

GMED Rankings

GMED Latest News

GMED Latest SEC Filings

GMED Stock Data

11.69B
110.37M
0.69%
103.66%
4.27%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States
AUDUBON