Globus Medical (GMED) director receives 15,000 stock options at $94.15
Rhea-AI Filing Summary
Globus Medical Inc. director David D. Davidar received a stock option grant for 15,000 derivative securities tied to Class A common stock. The options were granted on January 21, 2026 at a conversion or exercise price of $94.15 per share and had no purchase price for the derivative security itself. Following this grant, 15,000 derivative securities are beneficially owned on a direct basis.
The options will vest on January 1, 2027 and are scheduled to expire on January 21, 2036. Each option represents the right to buy one share of Class A common stock, so the grant covers 15,000 underlying shares.
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FAQ
What insider transaction did GMED director David D. Davidar report?
Director David D. Davidar reported receiving a grant of 15,000 stock options, each representing a right to buy one share of Globus Medical Inc. Class A common stock.
What is the exercise price of the new Globus Medical (GMED) stock options?
The stock options granted to director David D. Davidar have a conversion or exercise price of $94.15 per share of Class A common stock.
When do the new GMED stock options vest and expire?
The options granted on January 21, 2026 will vest on January 1, 2027 and are scheduled to expire on January 21, 2036.
How many Globus Medical derivative securities does the director own after this transaction?
After the reported grant, 15,000 derivative securities (stock options) are beneficially owned by the director, held with direct ownership.
Did the Globus Medical director pay for the derivative security itself?
The filing shows the price of the derivative security as $0, indicating no purchase price was paid for the option itself, while the exercise price is $94.15 per share.
Is this GMED Form 4 transaction a grant or a sale?
The Form 4 reports a transaction with code "A" for acquisition, reflecting a grant of stock options to the director rather than a sale of existing shares.