Globus Medical (GMED) CFO sells 18,542 shares after option exercises
Rhea-AI Filing Summary
Globus Medical reported insider activity by its Senior Vice President and Chief Financial Officer. On December 1, 2025, the executive exercised multiple stock options for Class A common stock, acquiring 3,646 shares at $53.14, 5,000 shares at $56.43, 5,000 shares at $64.44, and 4,896 shares at $63.68. The same day, the executive sold 18,542 shares at $90 per share, leaving no directly held Class A common stock after the reported transactions.
The filing notes that the sale was carried out under a Rule 10b5-1 trading plan dated August 25, 2025. The options exercised were previously granted awards that vest over four years or are already fully vested, with expiration dates ranging from 2031 to 2034.
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FAQ
What insider transaction did Globus Medical (GMED) disclose in this Form 4?
The Senior Vice President and CFO of Globus Medical reported exercising several stock options for Class A common stock and selling 18,542 shares at $90 per share on December 1, 2025.
How many Globus Medical (GMED) shares did the CFO own after the reported transactions?
Following the reported transactions on December 1, 2025, the CFO directly held 0 shares of Globus Medical Class A common stock, as shown in the filing.
Were the Globus Medical (GMED) insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the 18,542-share sale was effectuated pursuant to a Rule 10b5-1 trading plan dated August 25, 2025, executed by the reporting person.
What stock options did the Globus Medical (GMED) CFO exercise in this Form 4?
The CFO exercised stock options to acquire 3,646 shares at $53.14, 5,000 shares at $56.43, 5,000 shares at $64.44, and 4,896 shares at $63.68 of Class A common stock on December 1, 2025.
What are the vesting terms of the Globus Medical (GMED) options referenced in the filing?
Options granted on March 24, 2023 and February 27, 2024 vest over four years, with one-fourth vesting on January 1 of the year following the vesting commencement date and the remainder vesting monthly over the next 36 months. Options granted on January 25, 2021 are fully vested, and those granted on January 27, 2022 vest over a similar four-year schedule.
Does the Globus Medical (GMED) CFO still hold stock options after these transactions?
Yes. After the reported transactions, the filing shows remaining stock options, including 1,354 options with a $53.14 exercise price and 10,000 options with a $56.43 exercise price, with expiration dates in 2033 and 2034, respectively.