Globant S.A.·4

Jun 2, 2:12 PM ET

Petroni Merhy Andrea Mayumi 4

Research Summary

AI-generated summary

Updated

Globant (GLOB) Director Andrea Petroni Receives RSU Award

What Happened
Andrea Petroni Merhy, a non‑executive director of Globant S.A. (GLOB), was granted 843 restricted stock units (RSUs) on June 1, 2026. The Form 4 records an acquisition of 843 shares at $0.00 (transaction code A — award), so the reported cash outlay is $0. The filing notes these RSUs settle one‑for‑one into common shares when they vest.

Key Details

  • Transaction date: 2026-06-01; Price: $0.00; Amount: 843 RSUs (award).
  • Filing date: 2026-06-02 (timely; within standard Form 4 reporting window).
  • Holdings after transaction (per footnote): the filing references a total of 2,780 RSUs attributable to the director.
  • Vesting schedule (footnote): 584 RSUs vest 9/1/2026; 580 on 12/1/2026; 773 on 3/1/2027; 843 on 6/1/2027.
  • Footnotes: F1 = quarterly RSU grants to non‑executive directors that convert one‑for‑one into common stock; F2 = breakdown of the 2,780 RSUs and vesting dates.
  • Transaction type: Award/grant (A); not a purchase or sale.

Context
RSU grants are a common form of director compensation and represent future shares subject to vesting; they do not require cash payment at grant. Because these RSUs vest over time and convert to shares later, the grant itself is not a direct buy or sell and should not be read as an immediate market vote. The economic value to the insider will depend on Globant’s share price at each vesting date.