Fong Ivan K 4
Research Summary
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Cboe (CBOE) Director Ivan K. Fong Receives 530 RSU Award
What Happened Ivan K. Fong, a director of Cboe Global Markets, was granted 530 restricted stock units (RSUs) on May 14, 2026. The award was reported at a $0 cash price (typical for RSU grants); the RSUs are a contingent right to receive one share per unit and will vest on May 14, 2027 if Fong remains continuously in service through that date.
Key Details
- Transaction date: 2026-05-14; Filing date: 2026-05-18.
- Transaction type/code: Award/Grant (A) — 530 RSUs; reported price $0.00; total cash consideration at grant $0.
- Vesting: RSUs vest on May 14, 2027 subject to continuous service (per filing footnote).
- Plan/legal: Granted under the company’s Third Amended and Restated Long-Term Incentive Plan; complies with Rule 16b-3.
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Filing was made 4 days after the transaction date (appears later than the standard two-business-day Form 4 deadline).
Context This was an equity award grant (not an open-market purchase or sale). Each RSU represents a future right to one share if vesting conditions are met; such grants are routine compensation for directors/executives and do not by themselves indicate immediate buying or selling sentiment. The award meeting Rule 16b-3 means it follows standard insider transaction exemptions for compensatory plans.