secwatch.observer — SEC 8-K summary
======================================

Issuer:     MERCADOLIBRE INC (MELI)
CIK:        0001099590
Form:       8-K
Filed at:   2025-04-18T23:59:59+00:00
Accession:  0001099590-25-000014
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099590/000109959025000014/0001099590-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099590/000109959025000014/meli-20250414.htm
  HTML page:      https://secwatch.observer/filing/0001099590-25-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer