Tomczyk Fredric J 4
Research Summary
AI-generated summary
Cboe (CBOE) Director Fredric J. Tomczyk Receives 530-Share Award
What Happened
Fredric J. Tomczyk, a director of Cboe Global Markets, received an award of 530 restricted stock units (RSUs) on May 14, 2026. The filing shows an acquisition price of $0 (award/grant). The RSUs will convert to one share each if and when they vest.
Key Details
- Transaction date: 2026-05-14 (Form 4 filed 2026-05-18). Code: A (award/grant).
- Shares/units granted: 530 RSUs; reported acquisition price: $0.
- Vesting: Each RSU converts to one share on May 14, 2027, subject to continuous service through that date (per footnote).
- Compliance note: The award is granted under the company’s LTIP and complies with Rule 16b-3 (per footnote).
- Shares owned after transaction: Not disclosed in this filing.
- Timeliness: Filed on 2026-05-18, within the normal two-business-day Form 4 reporting window for a 5/14 transaction.
Context
An RSU grant is a compensation award (not an open-market purchase or sale). It represents a contingent right to receive shares at vesting, so it does not reflect an immediate cash outlay or sale by the insider and should be interpreted as part of routine director compensation rather than a direct buy/sell signal.