Vanguard reports 5,885,560 shares in Globus Medical (NYSE: GMED)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Vanguard Capital Management reports beneficial ownership of 5,885,560 shares of Globus Medical Inc. common stock, representing 5.22% of the class. The filing shows sole voting power for 852,828 shares and sole dispositive power for 5,885,560 shares.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 5,885,560 shares
Percent of class: 5.22%
Sole voting power: 852,828 shares
+2 more
5 metrics
Shares beneficially owned
5,885,560 shares
Amount beneficially owned as reported on Schedule 13G
Percent of class
5.22%
Percent of common stock reported on Schedule 13G
Sole voting power
852,828 shares
Number with sole power to vote as reported in Item 4
Sole dispositive power
5,885,560 shares
Number with sole power to dispose as reported in Item 4
CUSIP
379577208
CUSIP number for Globus Medical common stock on the filing cover
Key Terms
Beneficially owned, Sole Dispositive Power, Schedule 13G
3 terms
Beneficially owned regulatory
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Dispositive Power regulatory
"Sole power to dispose or to direct the disposition of: 5885560"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Item 1. | (a) | Name of issuer: Globus Medical Inc"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
Does Vanguard hold more than 5% of Globus Medical (GMED)?
Yes — the filing reports 5.22% ownership, which exceeds 5%. The statement follows Schedule 13G disclosure rules for institutional investors holding over the 5% threshold.
Who filed the Schedule 13G for Globus Medical (GMED)?
The filing was made by Vanguard Capital Management, with an address in Malvern, Pennsylvania. The signature block lists Ashley Grim as Head of Global Fund Administration.