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Globus Medical director plans $2.24M stock sale

Director James Robert Tobin Jr has filed a Rule 144 notice to sell 30,000 Globus Medical common shares via a cashless option exercise.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Globus Medical Inc (GMED) is the issuer for a planned sale of restricted securities disclosed under Rule 144 for the account of director James Robert Tobin Jr. The notice covers a proposed sale of 30,000 shares of Common Stock through Raymond James & Associates, Inc. on September 15, 2026 on the NYSE.

The filing describes the planned disposition as a cashless option exercise with the issuer listed as the party involved in the option exercise. The aggregate dollar amount associated with the 30,000 shares is stated as $2,236,000.

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Shares proposed for sale 30,000 shares Common Stock to be sold for the account of James Robert Tobin Jr under Rule 144
Aggregate dollar amount $2,236,000 Aggregate amount associated with 30,000 shares of Globus Medical common stock
Planned sale date September 15, 2026 Date associated with the proposed Rule 144 sale and cashless option exercise
Security type Common Stock Class of Globus Medical securities covered by the Form 144 notice
Trading market NYSE Exchange listed for the sale of the 30,000 shares of Common Stock
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 | 09/15/2026 | Cashless Option Exercise | issuer"
attorney-in-fact regulatory
"as duly authorized representative of Raymond James & Associates, Inc., as attorney-in-fact for"
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The Form 144 discloses a planned sale of 30,000 shares of Globus Medical common stock for the account of director James Robert Tobin Jr, to be executed through Raymond James & Associates, Inc. under a cashless option exercise.

How many Globus Medical (GMED) shares are proposed to be sold in this Form 144?

The notice covers a proposed sale of 30,000 shares of Globus Medical common stock. These shares are to be disposed of pursuant to a cashless option exercise reported in the filing.

What is the aggregate value of the Globus Medical (GMED) shares in the Form 144?

The filing states an aggregate dollar amount of $2,236,000 associated with the 30,000 shares of Globus Medical common stock covered by the planned Rule 144 sale.

Who is the person for whose account the GMED securities are to be sold?

The securities are to be sold for the account of James Robert Tobin Jr, identified as a director of Globus Medical Inc. The signature is provided by a representative of Raymond James & Associates, Inc. as attorney-in-fact.

Which broker is named in the Globus Medical (GMED) Form 144 filing?

The broker named is Raymond James & Associates, Inc., listed in connection with the 30,000 shares of Globus Medical common stock proposed for sale and the cashless option exercise.

On what date is the sale of Globus Medical (GMED) shares expected under this Form 144?

The filing lists September 15, 2026 as the date associated with the planned sale of the 30,000 shares of Globus Medical common stock on the NYSE via a cashless option exercise.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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