Globus Medical CFO Awarded 20,909 Stock Options; Vest Over 4 Years
Rhea-AI Filing Summary
Kyle Kline, Senior Vice President and Chief Financial Officer of Globus Medical (GMED), received an award of stock options on 07/18/2025. The grant totals 20,909 stock options to purchase Class A common stock at an exercise price of $56.34 per share. The options vest over four years with one-quarter vesting on the first anniversary of the vesting commencement date (07/18/2026) and the remainder vesting ratably each month over the following 36 months. The options expire on 07/18/2035 and are reported as directly beneficially owned following the transaction.
Positive
- Grant of 20,909 stock options provides a clear long‑term incentive for the CFO.
- Standard four‑year vesting schedule with one‑year cliff then monthly vesting supports retention.
Negative
- None.
Insights
TL;DR: Routine, time‑based equity grant to a named officer, structured for retention and alignment with shareholders.
The Form 4 reports a standard option grant to the company's CFO totaling 20,909 options at a $56.34 exercise price, vesting over four years with a ten‑year term. This structure is common for senior executives and emphasizes retention through multi‑year vesting. The disclosure shows direct beneficial ownership of the granted options post‑award. There are no indications in the filing of accelerated vesting, transfers, or hedging arrangements, and no other transactions are reported that would materially change governance control.
TL;DR: Typical long‑term incentive award sized for a senior officer, with clear vesting schedule and a ten‑year exercise window.
The award comprises 20,909 stock options exercisable at $56.34 and expiring on 07/18/2035, with one‑quarter vesting after one year and the remainder monthly over three years. This time‑based vesting aligns executive incentives with multi‑year performance and retention goals. The filing does not disclose grant valuation, target performance metrics, or whether the award is part of a broader annual award program, limiting deeper compensation benchmarking.