Parisi James E. 4
Research Summary
AI-generated summary
Cboe (CBOE) Director James Parisi Receives 530-Share RSU Award
What Happened
James E. Parisi, a director of Cboe Global Markets, was granted 530 restricted stock units (RSUs) on May 14, 2026. The Form 4 reports an acquisition price of $0.00 for the award (typical for RSU grants); the filing lists the transaction date as 2026-05-14 and was filed with the SEC on 2026-05-18. Per the filing, each RSU represents a contingent right to one share that will vest on May 14, 2027, subject to continuous service.
Key Details
- Transaction type: Award/Grant (code A) — 530 RSUs granted
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely within the two-business-day rule)
- Reported acquisition price: $0.00 (as shown on the Form 4)
- Vesting: RSUs vest on May 14, 2027, contingent on continuous service (footnote: meets Rule 16b-3)
- Shares owned after transaction: Not disclosed in the provided filing details
Context
RSUs are a form of compensation that convert into actual shares only if and when they vest; they are not an immediate purchase or sale and do not by themselves signal an intent to trade. The footnote indicates the award complies with Rule 16b-3 (an ordinary-course exemption for compensatory equity grants to insiders). For retail investors, director RSU grants are generally routine compensation rather than a direct bullish or bearish signal.