Fredericks Scott 4
4 · Mobility Global Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Mobility Global (MBGL) President Fredericks Scott Receives Award
What Happened
Fredericks Scott, President (CARFAX), was granted a total of 219,065 restricted stock units (RSUs) on July 1, 2026 via conversion of S&P Global equity awards in connection with S&P Global’s pro‑rata spin‑off of Mobility Global. The grants are reported as two awards: 82,437 RSUs and 136,628 RSUs. No purchase price is reported (N/A) because these RSUs were issued in conversion/award rather than a market purchase or sale.
Key Details
- Transaction date: July 1, 2026. Form 4 filed July 6, 2026 (filing appears late vs. the two‑business‑day rule).
- Awards: 82,437 RSUs (conversion of S&P Global RSUs) and 136,628 RSUs (conversion of S&P Global PSUs) — total 219,065 RSUs. Price per share: N/A.
- Shares owned after transaction: Not specified in the filing.
- Vesting (summary):
- The 82,437 RSUs are subject to time‑based vesting in portions across Dec 31, 2026; Dec 31, 2027; and Mar 1 of 2027/2028/2029 as detailed in the filing.
- The 136,628 RSUs (from PSUs) are scheduled to vest in full on Dec 31, 2026 (78,980) and Dec 31, 2027 (57,648).
- Notable footnotes: grants resulted from the Equity Award Conversion under the S&P Global spin‑off (S&P’s RSUs/PSUs converted to Mobility RSUs); PSU performance conditions were deemed achieved/waived for conversion.
- Transaction code: A = Award/Grant.
Context
These grants are a conversion of existing S&P Global awards into Mobility Global RSUs due to the spin‑off—not an insider buy or sell. Vesting schedules and any future sales will determine when these shares can be sold; until vested, they do not represent liquid holdings.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3][F4]2026-07-01+82,437→ 99,734 total - Award
Common Stock
[F1][F2][F5][F4]2026-07-01+136,628→ 236,362 total
Footnotes (5)
- [F1]On July 1, 2026, 2026, S&P Global Inc. ("S&P Global") completed a pro-rata spinoff distribution ("Spin-Off") of all of its shares of Issuer common stock to the holders of record of S&P Global's common stock on June 15, 2026 (the "Record Date").
- [F2]In connection with the Spin-Off, pursuant to the terms of the Employee Matters Agreement, dated as of June 30, 2026, by and between S&P Global and the Issuer and the anti-dilution adjustment provisions under the applicable S&P Global equity incentive plans, certain restricted stock units and performance-based restricted stock units with respect to S&P Global common stock ("S&P Global RSUs" and "S&P Global PSUs", as applicable) were equitably adjusted and converted into restricted stock units with respect to Issuer common stock ("Mobility RSUs"), based on the quotient of (i) the one-day volume weighted average price ("VWAP") of S&P Global common stock on June 30, 2026 and (ii) the one-day VWAP of Issuer common stock on July 1, 2026 (such adjustment, the "Equity Award Conversion").
- [F3]Represents the grant of Mobility RSUs upon the conversion of S&P Global RSUs held by the Reporting Person as of immediately prior to the Spin-Off pursuant to the Equity Award Conversion. The Mobility RSUs were granted pursuant to the Issuer's 2026 Long Term Incentive Plan (the "Mobility Plan") and are generally subject to the same terms and conditions as applied to the corresponding S&P Global RSUs. The Mobility RSUs are subject to vesting as follows: (i) 5,445 are scheduled to vest in substantially equal installments on each of December 31, 2026 and December 31, 2027, (ii) 3,456 are scheduled to vest in full on December 31, 2026, and (iii) 73,536 are scheduled to vest in substantially equal installments on each of March 1, 2027, March 1, 2028 and March 1, 2029, in each case, subject to the terms of each applicable S&P Global award agreement.
- [F4]Includes shares of Issuer common stock received in connection with the Spin-Off in respect of shares of S&P Global common stock held as of the Record Date.
- [F5]Represents the grant of Mobility RSUs upon the conversion of S&P Global PSUs held by the Reporting Person as of immediately prior to the Spin-Off pursuant to the Equity Award Conversion, with the applicable performance goals deemed achieved at actual performance levels through July 1, 2026. The Mobility RSUs were granted pursuant to the Mobility Plan and are generally subject to the same terms and conditions as applied to the corresponding S&P Global PSUs (except that any performance conditions have been waived). The Mobility RSUs are subject to vesting as follows: (i) 78,980 are scheduled to vest in full on December 31, 2026, and (ii) 57,648 are scheduled to vest in full on December 31, 2027, in each case, subject to the terms of each applicable S&P Global award agreement.