Eager William W 4
Research Summary
AI-generated summary
S&P Global (SPGI) President William W. Eager Receives Awards & Surrenders Units
What Happened
William W. Eager, President of S&P Global Mobility, had multiple derivative transactions reported on July 1, 2026. The filing shows two awards/acquisitions (13,286 and 4,917 units; total 18,203) recorded as grants of RSU/PSU-derived units and eight dispositions to the issuer totaling 28,045 units. No per‑share prices are reported (N/A) because these are derivative conversions/settlements rather than open‑market trades. Footnotes state these actions were made pursuant to an Employee Matters Agreement tied to the Distribution (spin‑off) and involved conversion of PSUs/RSUs into Mobility restricted stock units (Mobility RSUs), measured at actual or target performance and based on a stated concentration ratio.
Key Details
- Transaction date(s): July 1, 2026 (filed on Form 4 July 6, 2026).
- Price: N/A (derivative transactions; not open‑market trades).
- Reported acquired (A): 13,286 and 4,917 units (total 18,203).
- Reported disposed to issuer (D): 13,286; 4,917; 2,107; 3,784; 119; 263; 3,569 (total 28,045).
- Shares owned after transaction: not specified in the provided filing details.
- Relevant footnotes:
- F1: Each RSU/PSU equals a contingent right to one SPGI common share.
- F2–F4: Under the Employee Matters Agreement (effective immediately before the Distribution), PSUs and RSUs were converted into Mobility RSUs based on a concentration ratio and measured at either actual or target performance.
- Filing timing: Form 4 was filed July 6, 2026 for transactions on July 1, 2026 (Form 4s are normally due within two business days of the transaction).
Context
These are derivative conversion and issuer‑settlement transactions tied to the corporate separation (Mobility Global distribution), not open‑market purchases or sales. RSU/PSU conversions and dispositions to the issuer commonly reflect the mechanics of converting equity awards into units of the spun‑off company and any necessary surrendering or withholding steps — they do not directly indicate an executive buying or selling stock in the public market.