Calderone Matthew 4
4 · Mobility Global Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Mobility Global (MBGL) CFO Matthew Calderone Receives Award
What Happened
Matthew Calderone, Chief Financial Officer of Mobility Global, was granted 271,206 restricted stock units (Mobility RSUs) on July 1, 2026. The award has no per-share cash price reported (N/A) because the Mobility RSUs were issued via an equitable conversion of pre-existing S&P Global RSUs/PSUs in connection with S&P Global’s pro-rata spin-off of Mobility Global stock.
Key Details
- Transaction date: July 1, 2026 (Form 4 filed July 6, 2026).
- Transaction type: Award/Grant via conversion (code A). Shares: 271,206 Mobility RSUs. Price: N/A (conversion from S&P Global awards).
- Vesting: Two converted tranches — 133,306 RSUs and 137,900 RSUs — each scheduled to vest in substantially equal installments on March 1, 2027, March 1, 2028 and March 1, 2029, subject to original S&P Global award terms.
- Origin: Conversion resulted from S&P Global’s pro-rata spin-off and the Employee Matters Agreement; conversion used a VWAP-based quotient (S&P VWAP on 6/30/26 vs Mobility VWAP on 7/1/26).
- Plan/terms: Mobility RSUs granted under Mobility Global’s 2026 Long Term Incentive Plan and generally carry the same terms as the corresponding S&P awards.
- Shares owned after transaction: Not disclosed in the filing.
- Filing timeliness: Form filed July 6 for the July 1 transaction; the filing does not indicate a tardy reporting designation.
Context
This was an award/conversion tied to the corporate spin-off, not an open-market purchase or sale. Converted RSUs typically vest over time and do not reflect an immediate cash investment or sale by the insider. Retail investors should treat spin-off conversions as administrative adjustments to prior awards rather than direct bullish or bearish trading signals.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-07-01+271,206→ 271,206 total
Footnotes (3)
- [F1]On July 1, 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) 133,306 are scheduled to vest in substantially equal installments on each of March 1, 2027, March 1, 2028 and March 1, 2029, and (ii) 137,900 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.