---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-005422"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2022-08-05T23:59:59+00:00"
generated_at: "2026-06-24T03:11:09.925719+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre board sets independent director compensation; authorizes $960K annual repurchases

## Summary
- Independent directors receive $72K cash + $120K restricted stock annually for 2022-2024.
- Committee chairs earn additional fees: audit/comp chairs $21.9K, lead director $30K, nominating chair $15K.
- Authorized repurchases up to $960K on Aug 8, 2022, and each June 12 in 2023 and 2024 under Rule 10b5-1.
- Restricted stock vests at first annual meeting post-grant; forfeitable if director does not complete service year.

## SEC filing metadata
- accession: 0001171843-22-005422
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2022-08-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000117184322005422/0001171843-22-005422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000117184322005422/f8k_080522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-005422
- JSON: https://secwatch.observer/filing/0001171843-22-005422.json
- Plain text: https://secwatch.observer/filing/0001171843-22-005422.txt

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