Fitzpatrick Edward J. 4
Research Summary
AI-generated summary
Cboe (CBOE) Director Edward J. Fitzpatrick Receives RSU Award
What Happened
- Edward J. Fitzpatrick, a director of Cboe Global Markets, was granted 530 restricted stock units (RSUs) on May 14, 2026. The reported grant price is $0.00, representing an award rather than a market purchase; total reported value at grant is $0. The RSUs convert to one share of Cboe common stock each upon vesting.
Key Details
- Transaction type: Award/Grant (Code A)
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed within the SEC two-business-day window)
- Amount: 530 RSUs @ $0.00, aggregate $0 at grant
- Vesting: Each RSU vests and is convertible to one share on May 14, 2027, contingent on continuous service (see footnote F1)
- Shares owned after transaction: Not specified in this filing
- Footnote: F1 clarifies these are RSUs under the company’s LTIP and require continuous service through 5/14/2027 to vest
Context
- This is a compensation award (not a purchase or sale), commonly granted to directors and employees as long-term incentive pay. Such grants do not represent an immediate cash investment or sale and should be viewed as part of ongoing compensation rather than a direct bullish or bearish signal.