---
schema_version: "secwatch.filing_event.v1"
accession: "0001099590-25-000014"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2025-04-18T23:59:59+00:00"
generated_at: "2026-05-23T10:54:19.066243+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre sets 2025 bonus targets and $32M CEO LTRP award

## Summary
- Target bonus for each NEO set at 33.33% of annual base salary for 2025.
- CEO Marcos Galperin granted $14M target award under new 2025 LTRP.
- Other NEOs (Giménez, Rabinovich, Szarfsztejn) each get $5M LTRP award; CFO de los Santos $3M.
- LTRP pays cash over six years, with fixed annual installments plus variable stock-price-linked payments based on $1,944.47 reference price.
- Plan vests 50% on Change in Control; accelerates upon covered termination after CIC.

## SEC filing metadata
- accession: 0001099590-25-000014
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2025-04-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000109959025000014/0001099590-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000109959025000014/meli-20250414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099590-25-000014
- JSON: https://secwatch.observer/filing/0001099590-25-000014.json
- Plain text: https://secwatch.observer/filing/0001099590-25-000014.txt

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