Director at Globus Medical (GMED) granted 15,000 stock options
Rhea-AI Filing Summary
Globus Medical Inc. director James R. Tobin received a grant of stock options on January 21, 2026. The award covers 15,000 stock options to buy Class A common stock at an exercise price of $94.15 per share, with no purchase price for receiving the options themselves.
According to the filing, these options will vest on January 1, 2027 and expire on January 21, 2036 if not exercised earlier. After this grant, Tobin holds 15,000 derivative securities directly, all from this option award. This represents routine equity-based compensation that aligns the director’s interests with the company’s long-term share performance.
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FAQ
What did Globus Medical (GMED) disclose in this Form 4 for James R. Tobin?
The filing shows that director James R. Tobin received a grant of 15,000 stock options on January 21, 2026 to purchase Class A common stock of Globus Medical Inc.
What are the key terms of James R. Tobins stock options at Globus Medical (GMED)?
The stock options allow Tobin to buy 15,000 shares of Class A common stock at an exercise price of $94.15 per share. The options were granted on January 21, 2026 and carry an expiration date of January 21, 2036.
When do James R. Tobins Globus Medical (GMED) options vest?
The filing states that these options, granted on January 21, 2026, will vest on January 1, 2027, after which they become exercisable subject to their terms.
How many Globus Medical (GMED) derivative securities does James R. Tobin own after this transaction?
Following the reported transaction, Tobin beneficially owns 15,000 derivative securities, all from this stock option grant, held in direct ownership.
Is this Form 4 for Globus Medical (GMED) an insider buy or sell of common shares?
This Form 4 reports a stock option grant to a director, not a sale or purchase of existing common shares in the market. It reflects equity-based compensation rather than a trading transaction.