Tomczyk Fredric J 4

What Happened

• Fredric J. Tomczyk, a director of Cboe Global Markets (CBOE), had 10,965 restricted stock units (RSUs) convert to common shares on 2026-02-19. The gross value of the converted shares was about $3,137,854 (10,965 shares × $286.17).
• To satisfy tax withholding, 6,427 of those shares were withheld (disposed) at the same per-share value, representing $1,839,215, leaving a net issuance to Tomczyk of 4,538 shares (approx. $1,298,639).
• The Form 4 shows the derivative award canceled/converted (reported as a $0.00 derivative disposition) consistent with RSU conversion and withholding.

Key Details

• Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-23 (timely; filed within the SEC’s two-business-day window).
• Prices and values: conversion/exercise basis reported at $286.17; gross value ~$3,137,854; tax withholding value ~$1,839,215; net value to insider ~$1,298,639.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 explains each RSU equals a contingent right to one share; F2 notes the original RSU grant size was reduced due to Mr. Tomczyk’s resignation as CEO (pro-rated by days); F3 states the RSUs vest in three equal annual installments beginning Feb 19, 2026.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld for tax obligation.

Context

• This was an RSU vesting event with a share-for-tax withholding (common cashless-style settlement); it is a routine equity compensation occurrence rather than an open-market buy or sale signal.
• Such vesting/withholding transactions reflect compensation mechanics and do not by themselves indicate the insider’s view on the company’s near-term stock performance.