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New MercadoLibre Director Takes Major Stake in Latin American E-commerce Giant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Martin R. Lawson filed an initial Form 3 statement disclosing beneficial ownership of MercadoLibre (MELI) securities as a newly appointed Director. The filing reveals:

  • Direct Ownership: 4,305 shares of common stock, including 698 restricted shares subject to vesting over three years from July 1, 2022
  • Indirect Ownership: 1,536 shares held through Fullerton Development Co
  • Total Position: 5,841 shares of common stock in aggregate

The restricted stock will vest in three equal installments on the anniversaries of the grant date, contingent on continued compliance with award agreement terms. This Form 3 filing, dated June 28, 2025, follows Lawson's appointment as Director on June 17, 2025, and was signed by attorney-in-fact Jacobo Cohen Imach.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Lawson Martin R

(Last) (First) (Middle)
DR. LUIS BONAVITA 1294 OF. 1733 TOWER II

(Street)
MONTEVIDEO X3 11300

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/17/2025
3. Issuer Name and Ticker or Trading Symbol
MERCADOLIBRE INC [ MELI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 4,305(1) D
Common Stock 1,536 I By Fullerton Development Co
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 698 shares of common stock of MercadoLibre, Inc. that are subject to forfeiture and transfer restrictions (the "Restricted Stock"). The Restricted Stock will vest in three substantially equal installments on each of the next three anniversaries of the grant date, July 1, 2022, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock award agreement.
/s/ Jacobo Cohen Imach (Attorney-in-fact) 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the new director appointed to MELI's board according to the June 2025 Form 3?

According to the Form 3 filing, Martin R. Lawson was appointed as a Director of MercadoLibre Inc (MELI). The filing date indicates this was in connection with an event dated June 17, 2025.

How many MELI shares does Martin Lawson own directly as of June 2025?

Martin Lawson directly owns 4,305 shares of MELI common stock, which includes 698 shares of restricted stock that are subject to vesting conditions over three years from July 1, 2022.

What is the vesting schedule for MELI's new director's restricted stock?

The 698 restricted shares will vest in three substantially equal installments on each of the next three anniversaries of the grant date (July 1, 2022), subject to the Reporting Person's continued compliance with the terms of the Restricted Stock award agreement.

Does MELI's new director Martin Lawson have any indirect ownership of company shares?

Yes, Martin Lawson indirectly owns 1,536 shares of MELI common stock through Fullerton Development Co.

What is the total MELI share ownership (direct and indirect) of Martin Lawson as reported in the Form 3?

Martin Lawson's total beneficial ownership of MELI shares is 5,841 shares, consisting of 4,305 shares held directly and 1,536 shares held indirectly through Fullerton Development Co.
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100.80B
46.88M
7.28%
84.78%
1.68%
Internet Retail
Services-business Services, Nec
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Uruguay
MONTEVIDEO