Globus Medical (GMED) director gifts 6,100 Class A shares, updates holdings
Rhea-AI Filing Summary
Globus Medical Inc. director reports equity gift
A director of Globus Medical Inc. reported a transaction in the company’s Class A common stock dated 01/02/2025 with transaction code "G", indicating a gift. The filing shows 6,100 shares of Class A common stock were disposed of at a stated price of $0 as part of this gift transaction.
Following the reported transaction, the director beneficially owns 510,175 shares of Class A common stock directly. In addition, 165,967 shares are held indirectly through the Davidar Family Irrevocable Trust U/A 8/6/09, which is a trust for the benefit of the reporting person’s spouse and children, with the spouse serving as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
| Gift | Class A Common Stock | 6,100 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did Globus Medical (GMED) disclose in this filing?
The filing discloses that a director of Globus Medical Inc. completed a transaction in Class A common stock coded "G" on 01/02/2025, indicating a gift of 6,100 shares at a stated price of $0.
What does transaction code "G" mean in the Globus Medical (GMED) insider report?
In this report, transaction code "G" for the Class A common stock on 01/02/2025 indicates the shares were transferred as a gift, with 6,100 shares disposed of at a reported price of $0.
Is the Globus Medical (GMED) insider transaction part of a Rule 10b5-1 trading plan?
The form includes a checkbox related to transactions made under a Rule 10b5-1(c) contract, instruction, or written plan, but the provided content does not indicate that this particular gift transaction was made under such a plan.