---
schema_version: "secwatch.filing_event.v1"
accession: "0001099590-24-000011"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:21:09.246499+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre sets 2024 bonus performance goals and adopts long-term retention program for NEOs

## Summary
- 2024 bonus payout for NEOs based on net revenue, income from operations, TPV adjusted (constant dollars) and Competitive NPS.
- Target bonus for each NEO: 4 months base salary (33.33%), with individual performance adjustment of +/-50%.
- 2024 Long Term Retention Program awards: CEO Galperin $10M; Giménez & Rabinovich $3.5M each; de los Santos $2M; de la Serna $2.7M.
- LTRP pays 16.66% of half of target award annually for 6 years, starting Jan-Apr 2025, plus stock-price-linked variable component.
- LTRP payments require continued employment; accelerated vesting on change in control or covered termination.

## SEC filing metadata
- accession: 0001099590-24-000011
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000109959024000011/0001099590-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000109959024000011/meli-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099590-24-000011
- JSON: https://secwatch.observer/filing/0001099590-24-000011.json
- Plain text: https://secwatch.observer/filing/0001099590-24-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.