Director at Globus Medical (NYSE: GMED) gets 15,000 stock options
Rhea-AI Filing Summary
Globus Medical director Leslie V. Norwalk received a grant of 15,000 stock options for Class A common stock. The options carry an exercise price of $94.15 per share and were granted as a derivative equity award.
According to the filing, these options were granted on January 21, 2026, will vest on January 1, 2027, and expire on January 21, 2036. After this grant, Norwalk beneficially owns 15,000 derivative securities directly, reflecting a standard director compensation award rather than an open-market transaction.
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FAQ
What insider transaction did Globus Medical (GMED) report for Leslie V. Norwalk?
The company reported that director Leslie V. Norwalk received a grant of 15,000 stock options for Class A common stock as a derivative equity award.
What is the exercise price of the new stock options reported for GMED?
The stock options granted to Leslie V. Norwalk have an exercise price of $94.15 per share for Globus Medical Class A common stock.
When do Leslie V. Norwalks Globus Medical (GMED) options vest and expire?
The options were granted on January 21, 2026, will vest on January 1, 2027, and will expire on January 21, 2036, if not exercised earlier.
How many Globus Medical derivative securities does Leslie V. Norwalk own after this grant?
After the reported transaction, Leslie V. Norwalk beneficially owns 15,000 derivative securities (stock options) directly.
Is the Globus Medical (GMED) Form 4 transaction a purchase or a grant?
The Form 4 reflects an option grant (transaction code A) to the director, not an open-market stock purchase or sale.
Does Leslie V. Norwalk hold the Globus Medical options directly or indirectly?
The filing shows the 15,000 stock options as held with direct ownership (D) by Leslie V. Norwalk.